zlacker

>>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

>>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.

>>throwa+CR
Agreements with surprise terms that only get detailed later tend not to be very legal.

>>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?

>>riehwv+4X
I don't think rght to repurchase is routine. It was a scandal a few years ago when it turned out that Skype did that. https://www.forbes.com/sites/dianahembree/2018/01/10/startup...