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No one has yet brought up an essential issue: California bans non-competes. https://www.vox.com/new-money/2017/2/13/14580874/google-self-driving-noncompetes htt
by jseliger 5y ago
No one has yet brought up an essential issue: California bans non-competes. https://www.vox.com/new-money/2017/2/13/14580874/google-self-driving-noncompetes https://www.vox.com/new-money/2017/2/13/14580874/google-self.... As long as California does, and most other places allow them, we're going to continue to see surprisingly high levels of startup formation and company success in California, despite all the bad things being true.
- no-s 5y agoI always like to suggest this is the best way to create a startup friendly environment in your state. OTOH I sorta wonder if the investment in semiconductor fabs and sales orgs in say Arizona is partially founded in the lure of effective non-competes.
- strikelaserclaw 5y agoyea but they can form in california but hire remotely, startups can hire talent far cheaper in other regions than the bay area.
- heywintermute 5y ago>As long as California does, and most other places allow them, we're going to continue to see surprisingly high levels of startup formation and company success in California, despite all the bad things being true. If that were truly the case wouldn't a number of other states also be banning non-completes in hopes of attracting businesses? Some quick googling shows only the District of Columbia, North Dakota, and Oklahoma have similar bans on non-competes as California.
- bradlys 5y agoYou gotta have the talent and funding available too. Ain't none of that in ND or OK. Maybe some in DC but that's such a heavily government focused area that I don't know why anyone would do a startup there unless it was government centered.
- lostdog 5y agoStates are not truly serious about nurturing businesses, especially small businesses.