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I've always wondered about spinoff startups like this from larger companies: aren't there usually non competes that would prevent them starting them?
by albertshin 7y ago
I've always wondered about spinoff startups like this from larger companies: aren't there usually non competes that would prevent them starting them?
- reaperducer 7y agoThey're not usually infinite. My father waited one out for three years, then went back into the industry for a rival firm and put his old boss out of business.
- andrewfong 7y agoThey're generally not enforceable in California, provided you're not making use of any protected IP or what not. https://casetext.com/statute/california-codes/california-business-and-professions-code/division-7-general-business-regulations/part-2-preservation-and-regulation-of-competition/chapter-1-contracts-in-restraint-of-trade/section-16600-void-contracts/analysis?PHONE_NUMBER_GROUP=P&citingPage=1&sort=relevance https://casetext.com/statute/california-codes/california-bus...