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745 points rcchen | 1 comments | | HN request time: 0.209s | source
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Ancalagon ◴[] No.44537076[source]
So Google, Meta, and Microsoft will just hollow out the best AI startups of their talent instead of buying them - out of fear of monopoly lawsuits I'm assuming?

Nice plan I guess. Kind of obvious to spot though.

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bix6 ◴[] No.44537214[source]
Can shareholders sue? I presume the only avenue is IP since that belongs to the company? Or the non-exclusive license somehow negates that? Brutal.
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Ancalagon ◴[] No.44537243[source]
I actually don't know if there's much that can be done unless there's some non-competes in those employees' contracts which are usually not very enforceable outside of finance iirc.
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bix6 ◴[] No.44537335[source]
Non competes aren’t enforceable in California but the company owns the IP so I’m curious about this license loophole they are using.
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nrmitchi ◴[] No.44539006[source]
Non competes can definitely be enforceable in California for executives and those with fiduciary responsibilities to a company.

They’re just not enforceable against “rank and file” employees.

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1. bix6 ◴[] No.44539128[source]
The only situation I know of is during a sale of business if the seller agrees. Which is clearly not the case here.