Who is Soham Parekh, the serial moonlighter Silicon Valley can't stop hiring?

I'm probably in the minority here: when I was a manager, I was always totally fine with my employees moonlighting. Even if they didn't tell me and I found out later (as I did in one case). The only thing I've really cared about is whether they did good work.

I believe the main reason employers have an issue with moonlighters is that they view it as lack of loyalty. There may be other reasons, such as concerns regarding whether the employee can perform at 100% at two or more jobs, but I really do think that loyalty is the primary concern by a large margin.

In the US, many companies have exclusivity clauses in the employment contract, meaning it’s breach of contract to do paid work for another company at the same time. The typical agreement being made by an employer is salary in return for the employee’s full time attention, where full time means ~40 hours of work per week, or sometimes more. As a manager I do care if my employees work significantly less than full time and devote that time to other paying jobs, especially if they do good work. That’s opportunity cost; if they could be producing more in the ~40 hrs/week agreement we have, they’re cheating the company and violating the agreement they made. I don’t care if they do hobby work or open source projects in their spare time, if they’re fulfilling their agreed upon obligations.

Ok, but if I have L7 vision and skills, but get hired as a L4, and can complete my work in 10h/week, what right does the company have to demand more than that? It sounds like a mismatch between level/salary and skills. If a person can fulfill their role profile, isn't that what the company hired them for? We aren't talking about officer-level positions here.