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They're the norm in tech companies. I don't think they're really necessary for most employees. But few investors would invest in a startup whose founders hadn'
by pg 17y ago
They're the norm in tech companies. I don't think they're really necessary for most employees. But few investors would invest in a startup whose founders hadn't signed noncompetes. Otherwise they'd be investing in air. All the founders could leave and start a new company doing the same thing.
- deleted 17y ago[deleted]
- deleted 17y ago[deleted]
- eli 17y agoYup, this is exactly it. When shopping the company to investors or as a potential acquisition, Non-Compete/NDAs are an item on the due diligence checklist.