At all the companies I've run I always allow engineers to work on personal projects on personal time and have never cared if they did it on their work laptop. T

At all the companies I've run I always allow engineers to work on personal projects on personal time and have never cared if they did it on their work laptop. The only time I can see a hands off IP agreement being an issue and is when the project is commercial, in the same space as our product and is cannibalizing the company's user base which it seems Github has allowed in it's IP agreement. I've never tried to get a lawyer to work similar language into an IP agreement so I've just eschewed them entirely. Looks like we may have to get one if we decide to go after funding. Does anyone think sensible terms like ones used by Github will suffice for VCs or do they all want the draconian "all your thoughts are belong to us" IP agreement I've seen commonly thrown around? Hopefully articles and practices like these will continue to become more commonplace and influence the current VC dogma.