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Good riddance to non-competes

OnlyOnce

I love that the FTC just banned non-competes, as everyone expected they would. We started off at Return Path years ago with a standard and fairly benign non-compete because they were standard. Restricting employees in terms of where they can go work when they leave you is unfair and immoral, in my view.

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How To Scale Your Startup Far Beyond Organic Growth

Startup Professionals Musings

Use external sourcing to fill in the non-critical gaps. Using contracts with partners for growth resources (“borrowing”) is best when you can both define the resources clearly and protect them with effective contractual terms. Don’t use alliances for core competencies. Add basic partner contracts or alliances.

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7 Reasons That Worker Empowerment Rules The Workplace

Startup Professionals Musings

As I work with businesses who are struggling to restore staffing and recover after the pandemic, I see a new culture and a new generation of workers who have found strength in working remotely from their homes, and savoring their ability to survive on their own terms. Number of non-compete agreements is way down.

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6 Keys To Positioning Your Disruptive Solution Today

Startup Professionals Musings

In fact, as a mentor to entrepreneurs and an investor, I recommend that entrepreneurs avoid using the term disruptive with investors, since many see it as implying extra high risk, a long time for payback, and extensive marketing to build the new market. Compete against non-consumption and non-existing markets.

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Primary Problems with Enforcing Non-Compete Agreements

YoungUpstarts

Businesses often require employees to sign non-compete agreements to protect their business interests. However, just because an employee has signed a non-compete agreement does not make the agreement valid under the law. Non-Compete Time Period. by Yasir Billoo, partner at Golden & Grimes LLP.

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Praying to the God of Valuation

Both Sides of the Table

Sure, we built SaaS products before the term even existed but at 31 it was hard to delineate reality from what all of the monied people around us were telling us what we were worth. It was a way to make it hard for your competition to compete. Until we weren’t. 2001–2007: THE BUILDING YEARS The dot com bubble had burst.

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Pros & Cons Of Non-Compete Agreements

YoungUpstarts

Non-compete agreements can be an effective tool to protect these assets. Under the right circumstances and when properly drafted and implemented, non-compete agreements are enforceable in Florida. A competitor who hires an ex-employee under a non-compete can become liable for what is known as tortious interference.