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Good Article. Be careful who you work for. Be careful who your friends are.

• paulcole 8y ago
  Uh, also, don’t steal?
  • winibe4r 8y ago
    The former employees group didn't steal shit and still got lawyers up their ass the whole time.
  • throwaway55721 8y ago
    The article says they even sued former employees (that were not accused of stealing) for simply having the audacity to start a company in the same field.
  • cf498 8y ago
    >At around that time, de Putron got involved in another legal dispute that foreshadowed his companies’ campaign against Xu. The year before, a group of five programmers and managers had left G-Research, then known as GR Software & Research Ltd., to start their own trading outfit. The company responded by first threatening a lawsuit, then, in 2011, by filing one. None of the filings suggested anything had been stolen, but G-Research argued that the five had developed their quant-trading skills at the company, and so any new platform would have to be similar and an infringement of its intellectual property.
    • GeorgeSarkis 8y ago
      Intellectual property contracts are common in finance. I had a clause that, if enforced, would have prevented me to work for two years in the industry, while offering half my usual salary in the meantime. I think it's fair (doesn't hold you off forever and also doesn't starve you while you're out of the game). In my case, it wasn't enforced when I left (which is more bad news for me than good, since it just means I wasn't valuable enough :)