Thanks again for detailed answers. I'll be reading reference 2 you cited in more detail. I indeed do not see this discussion as a substitute for legal advice,

Thanks again for detailed answers. I'll be reading reference 2 you cited in more detail. I indeed do not see this discussion as a substitute for legal advice, and these questions have not been specifically my case. However, many entrepreneurs I have met in person or through HN do have such issues without realizing, possibly including some who have posted here itself [1] about the side businesses they created while being employed. [1] https://news.ycombinator.com/item?id=7867603 https://news.ycombinator.com/item?id=7867603