3 ms·
no one start up is worth the initial fuck you money that allows you to spend the rest of your life working on cool startups rather than on someone elses boring
by nazgulnarsil 16y ago
no one start up is worth the initial fuck you money that allows you to spend the rest of your life working on cool startups rather than on someone elses boring stuff.
- hga 16y agoTrue, although the 3 year world-wide non-compete in the mobile market was also an issue (see his comment http://rodinhood.com/2010/06/17/the-toughest-decision-of-my-life/#comment-375 http://rodinhood.com/2010/06/17/the-toughest-decision-of-my-...). I can see this being a difficult decision, but he only took a few weeks to come to the right one (at the time, let alone with 20/20 hindsight).
- nazgulnarsil 16y agonon-competes don't hold up well in court.
- hga 16y agoBut they can have a chilling effect in attracting investment (been there, done that, in proto-companies where other key people had been foolish enough to sign them). Part of the calculation is that if you turn out to be successful the threatening party will have every motivation to sue. I'm certain the unenforceability of them in California has a lot to do with the sustained success of Silicon Valley (although in this case, as a founder, his might be enforceable there).