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Don't overindex on your contract wording: just because it says that doesn't mean your company will in practice a) realize that you worked on something else whil
by 9nGQluzmnq3M 7y ago
Don't overindex on your contract wording: just because it says that doesn't mean your company will in practice a) realize that you worked on something else while employed there, b) care enough that they'll take the time to sue you, and c) win that case if they do.
Realistically speaking, unless your side gig is a direct competitor or becomes a massive success, you're probably fine. And you can reduce risk further by not launching your company while still employed, which makes it that much harder for them to notice and/or prove you worked there at the same time.
- nostrademons 7y agoThe big risk isn't that they sue you, it's that various collaborators you need to make the company a massive success (investors, cofounders, acquirers) will not want to do business with you if your IP and legal paperwork isn't "clean". This sort of stuff comes out in due diligence. You don't want to pour your soul into a company for years, actually build up a business to the point where it's a success, and then find that a potential acquirer passes on the deal because they noticed your commit history overlapped with the dates of employment of your past employer.