zlacker

[parent] [thread] 5 comments
1. steveB+(OP)[view] [source] 2023-11-18 14:16:53
What's always incredible to me is how much "outside activity" is tolerated of tech CEOs. I get it, they are at the top, they make the rules, but wow.

Even a lowly new grad engineer has to sign a lot of stuff when they take a job that forces essentially exclusivity to your work there. I cannot dabble in outside businesses within the same industry or adjacent industries.

CEOs argue that their job is tough and many hours and life consuming and that's why they get the pay, and yet there is a whole genre of tech CEOs who try to CEO 5 companies at a time..

replies(1): >>fragme+Xn
2. fragme+Xn[view] [source] 2023-11-18 16:38:13
>>steveB+(OP)
It's critical to know: where are you located? lowly new grad engineers, as well as senior architects, can't be covered in non-competes in California, as long as it's done on non-company hardewre. it's a large part of why California is so big for tech, and subject of a current front page discussion.

>>38316870

replies(1): >>buggle+FY
◧◩
3. buggle+FY[view] [source] [discussion] 2023-11-18 19:50:02
>>fragme+Xn
Employers can make provisions that you’re not allowed to moonlight in other positions. That’s distinct from non-competes, which are for your ability to change jobs entirely. The parent’s point is that tech CEOs are often permitted to work at multiple companies and engage in self-dealing in a way that’s prohibited for almost everyone else, including CEOs in other industries.
replies(2): >>steveB+C91 >>jahews+ah1
◧◩◪
4. steveB+C91[view] [source] [discussion] 2023-11-18 20:53:31
>>buggle+FY
I, for example, could not start up my own data provider on the side and then as a decision maker at a fintech company, encourage us to become licensed customers. Or invest/advise a database startup and then become a customer. Etc.

Meanwhile you have CEOs front running their own company or treating staff from different companies as interchangeable. It's funny governors have been thrown in prison for example taking free renovations on their home in exchange for contract work with the state.

◧◩◪
5. jahews+ah1[view] [source] [discussion] 2023-11-18 21:36:12
>>buggle+FY
> Employers can make provisions that you’re not allowed to moonlight in other positions.

Not in California. Only company executives can be bound by such agreements. Direct competition is of course prohibited.

replies(1): >>steveB+4j1
◧◩◪◨
6. steveB+4j1[view] [source] [discussion] 2023-11-18 21:45:57
>>jahews+ah1
Is a CEO a company executive?
[go to top]