7 ms·
Oh Meta 100% has some sort of non-compete in writing, especially after his lawsuit with Bethesda when he left Id to work at Oculus[1]. [1] https://www.pcgamer.
by slimginz 4y ago
Oh Meta 100% has some sort of non-compete in writing, especially after his lawsuit with Bethesda when he left Id to work at Oculus[1].
[1] https://www.pcgamer.com/zenimax-accuses-john-carmack-of-theft-in-amended-oculus-rift-lawsuit-filing/ https://www.pcgamer.com/zenimax-accuses-john-carmack-of-thef...
- astrange 4y agoThere is absolutely no such thing as a non-compete in California.
- CamperBob2 4y agoThere is when equity changes hands, which will have been the case with Carmack.
- jahewson 4y agoNo. Everyone is given equity in Silicon Valley.
- CamperBob2 4y agoSee x3n0ph3n3's comment upthread.
- zactato 4y agoHe lives in Texas still
- schrodinger 4y agoI really doubt Carmack would decide his life based on NDAs or non-competes.
- jahewson 4y agoThere is for C-suite employees.
- x3n0ph3n3 4y agoThey are actually permissable in circumstances similar to John Carmack's: > California employers can sidestep non-competes in the following instances: > EXCEPTION 1: If the employee sells business goodwill > EXCEPTION 2: If the owner sells his or her business interests > EXCEPTION 3: If the owner sells all operating and goodwill assets > Upon the business’ dissolution, a member of the company may agree to a non-compete if operating a similar business in the geographic area. Goodwill is the company’s name and brand reputation. Employees with stock options are not considered company owners for purposes of non-competition agreements. https://www.contractscounsel.com/b/non-compete-california https://www.contractscounsel.com/b/non-compete-california