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Keef

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Everything posted by Keef

  1. It does if the problem is something heavy on your foot.
  2. Right, but if you can't solicit customers (often defined to include prospective or even likely customers), employees, or consultants, and you are prohibited from using confidential information you learned in your old job in any way (with confidential information typically being defined broad enough to encompass anything under the sun), how is that practically speaking different than a non-compete? And sure, maybe some portion isn't enforceable, but do you really want a lawsuit with your former employer on your record if you're an executive? Plus, a lot of companies - especially PE backed ones - have language in their equity award agreements that if you violate any restrictive covenants post-termination, they can clawback their equity and sometimes even past proceeds. Many states permit the equity clawback under the argument that isn't prohibiting you from competing - it is merely taking back some contingent compensation you were paid in the past. See how this gets murky quickly?
  3. Yeah, we work in different industries. For tech companies and most PE back companies, they care about this a ton.
  4. It's still a practical problem. Every competently drafted offer letter in the world has language where you're required to disclose any restrictive covenants that you're subject to. Once disclosed, you have to convince your new employer that whatever restrictive covenants you have in place aren't enforceable and the old company won't sue you and them in order to try and enforce it.
  5. This is going to get held up in court for years and employers and are going to do what they what they are already do in California - make the non solicit and confidentiality provisions in the employment contract operate suspiciously like a non compete and dare the employees to sue.
  6. Venables looks more like a mutil level marketing executive with each passing day.
  7. Shout out to Juror 4 and Alternate 2 for living my dream and successfully avoiding all news.
  8. This looks even worse than not responding. I mean, I'm happy Israel didn't do something over the top, but what's the point you're making by sending a few drones into the desert?
  9. I recently bought a NextLevel Pulsar brewer, and I couldn't be more pleased. It's super easy to use and produces a really consistent, delicious cup.
  10. You wanna let Timothy McVeigh or El Chapo walk out of prison because we haven't had the trial yet? There are good arguments against the current bail system, but this isn't one of them.
  11. LOL. Trying to imagine the annual proxy of a single Chick-fil-A franchise. The Company's material risk factors include Ted getting too stoned to man the fryer or a disgruntled customer with a one-star vendetta on Yelp. The summary comp table includes the owner and a couple of teenagers who incurred a lot of overtime.
  12. My first thought as well when they launched a drone attack that would take hours to get there. This is a response with an intent to de-escalate. Or so I hope.
  13. No wonder there is now reporting that the deal is falling apart.
  14. I’m just glad that reporter is “at peace” with his story. I was worried he’d have like, some lingering guilt or whatever for driving a man to suicide, but glad he was able to avoid that.
  15. Republicans run on the platform that the government doesn't work and always prove their proposition.
  16. Forget suing them for libel, she should send the WaPo a thank you card. That's far nicer than I ever imagined.
  17. That's all political. The lack of prosecution from the GFC was a political decision and one made above the heads of the SEC (which I can't believe I'm defending).
  18. A securities law suit isn't an SEC investigation. I disagree with your assessment of the SEC as well.
  19. Yep - this board is a class action securities lawsuit waiting to happen.
  20. This and the Bay Bridge in SF always freaked me out when I lived in the West Coast. You know those quakes are coming eventually, and with the Bay Bridge, you can be stuck there for an hour or more during a busy part of the day.
  21. I love Vince to death, but when we all said he'll never have to buy another drink in this state again, I'm not sure we knew what we were in for.
  22. Yeah, he's nowhere near as competent a dictator as the other three.
  23. On your first question, yes. On your second question, there's usually a whole road show of publicity before you IPO. So the investment bankers that you engage have a good idea of who will buy what. But if no one buys or no one buys in the amount and at the price that you think they will, the share price craters.
  24. Yeah there are special deals cut all the time. You need the underwriters and the board to agree to it though.
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