4 ms·
This is interesting because in CA, a non-compete is almost pointless - its illegal under state law, no matter what your term-sheet says. I think there's an argu
by crapshoot101 12y ago
This is interesting because in CA, a non-compete is almost pointless - its illegal under state law, no matter what your term-sheet says. I think there's an argument that in some cases it may make sense, but those situations are the exceptions, not the rule.
- sportanova 12y agoThey apparently only really apply when 'trade secrets' are in play, and CA has a pretty strict definition of 'trade secrets'.
- danielweber 12y agoThose exceptions do exist, but they are pretty small, such as when an LLC or partnership is being dissolved, or the goodwill in the company is being sold, or the entire company is being sold.