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[return to "OpenAI departures: Why can’t former employees talk?"]
1. underl+dR[view] [source] 2024-05-18 04:22:13
>>fnbr+(OP)
This is bizarre. Someone hands you a contract as you're leaving a company and if you refuse to agree to whatever they dreamt up and sign the company takes back the equity you earned? That can't be legal
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2. throwa+CR[view] [source] 2024-05-18 04:29:07
>>underl+dR
It might be that they agree to it initially when hired, so it doesn't matter if they sign something when they leave.
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3. crooke+2S[view] [source] 2024-05-18 04:36:37
>>throwa+CR
Agreements with surprise terms that only get detailed later tend not to be very legal.
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4. riehwv+4X[view] [source] 2024-05-18 06:06:43
>>crooke+2S
Doesn't even have to be a surprise. Pretty much startup employment agreement in existence gives the company ("at the board's sole discretion") the right to repurchase your shares upon termination of employment. OpenAI's PPUs are worth $0 until they become profitable. Guess which right they'll choose to exercise if you don't sign the NDA?
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5. lucian+z41[view] [source] 2024-05-18 08:03:54
>>riehwv+4X
Who would accept shares as valuable if the contract said they can be repurchased from you at a price of 0$? This can't be it.
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