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Typically investment contracts employ non-competes to prevent founders from starting new businesses in similar spaces. Clearly this person's previous actions ar
by seancoleman 11y ago
Typically investment contracts employ non-competes to prevent founders from starting new businesses in similar spaces. Clearly this person's previous actions aren't the most ethical but I'm curious what his strategy is around this.
- mentat 11y agoAren't all non-competes illegal in California?
- slantedview 11y agoIf you're willing to go to battle in court, they are.
- bravo22 11y agoFor employment they are unenforceable but this is a different situation. It would be part of an investment contract and it is very much enforceable.