Now that non competes are kill. How will that impact business going forward?
>>584257330 impact
>>58425733If that effects small businesses and startups, its really bad. If i have a business idea and need capital, whats to stop a potential business partner with money from just taking my idea and doing it himself? Does an NDA cover that without a non-compete? It's good for the economy in the sense that people skilled in a certain area dont have to switch careers after a non-compete now, but for entrepeneurs i could see this being bad. Non-competes should still exist to protect small business
>>58425802If someone can take your idea and offer a better product That’s good for the market.You idiots just want more rules, regulations and lawsNon competes don’t protect small businesses, they’re used by entrenched powers to stomp out start ups and competitors IP laws should be abolished too
I was denied a nearly identical role from a competitor that was double my salary because I'm under a NCA for 24 months post job. I look forward to this becoming official and me getting a big pay bump.
>>58425810based
>>58425810based based based>>58425877indeed
>>58425858get paid nicker
>>58425802Get a patent you little bitch
>>58425810this
>>58425810this, i've seen it firsthand.
Jimmy Johns has noncompetes? Like you can’t work at Subway?
>>58425802There are other contractual provisions you could employ to prevent a partner from starting a competing business. First, partnerships and LLCs have a fiduciary duty to the business and to the other partners (unless the partnership agreement opts out of this). So opening a new business that competes with the partnership would be a violation of the duty of loyalty, and you could sue them to terminate their new business. But since fiduciary duties do not outlast the partnership, you can have limitations on exiting, such as requiring unanimous consent from other members or a buyout before you can exit an LLC.
>>58427214yes, the use of non-competes by fast food companies for minimum wage line workers who have no special knowledge of company strategy or trade secrets is what built so much opposition to the practice. Traditionally non-competes had existed for senior executives only, who had the bargaining power to negotiate generous severance packages in return for them, so they wouldn't need to work during the non-compete period. They were unknown among employees such as analysts or line workers until recently.
Idea guys are killBased copier bros rise up
>>58425810Based. Forces people to make better ideas. Or offer better services.Staff has to be good, service has to be good. No more mediocre quality because ex employee can't start his own business and succeed
>>58425733absolutely no impact, these types of sutiations are a thing of the past along with NFT, the DEFI market and web3 games like blocklords or tethan arena.
>>58428585I can see web3 games going back to making money on the coming years
>>58428585this faggot lost money with axie infinity kek
>>58427692NDAs are still a thing
It only affects the hands off business owner. If he trusts someone else to run his business that person can now start their own business and take all the clients with him. So if you aren't valuable to your business as its owner you will eventually lose your business to someone with more brains and value
>>58425810someone sticky this fuck intellectual property laws
>>58425810That smells like commie bullshit anon.
>>58430344You’re the commie bitch.Everyone here knows the same Jews who started this he Bolshevik revolution (1st communist movement) also control the patent officesIt’s crazy that Jews like you are allowed to throw disinformation everywhere https://youtu.be/-ZRwlYtAMps?si=2GH17--INDpYxCYt
>>58430414>the Jews are everywhere and all powerfuluh huh
>>58430425I didn’t say that How about you read a fucking book before you talk to someone with my intelligence
>>58430414>I think that intellectual property can be patented, bought and sold.>This some how makes me a communist.I don't think you know a whole lot about communism anon.>Patents Bad!Commie detected! Begone with you! You'd see a man starve as long as he couldn't profit off his own ideas.
>>58430533Bullshit. Your the one holding people back from profitingIP laws are routinely used to hold people back and keep the entrenched in powerEveryone here knows this. You just want more politicians to make more laws to keep you feeling safe.We’re all smarter than you here. Everyone one should be able to profit off their inventions and ip laws are used more often to steal patents and hire lawyers like Apple and Microsoft. Not to mention the defense department taking anything related to energy or potentially a weapon.
>>58425810Actually fucking based>>58425802More regulations equal more bureaucratic burden for small and medium-sized businesses, it's over, US became a shitty third world country like Venezuela or Cuba and we just cuck-watched it while we play vidya like Blocklords>>58429378You disgust me, retarded ancap
>>58430816>supports ancap ideas>shits on anarchocapitalistswhat the fuck is wrong with you schizos?You can’t act like govt regulations are bad and then support govt regulations like intellectual property lawsPatents are literally designed to steal inventions Look at what tech companies do now. They use patents to sue everyone and force competition out by paying millions in lawyer feesHoly fuck this board is retarded
>>58425810holy based batman
>>58431036yeah biz is dead now. everyone is on bant
>>58425733this needed to happen
>>58425810If up laws didn't exist people wouldn't invent new things... right?
