Re: J Basak and other Ramblings
in response to
by
posted on
Apr 15, 2017 01:04PM
I laughed at the "Portables" reference.
I needed a labour lawyer recently and he told me the non-compete, NDA and IP language in contracts involving tech is among the most comprehensive in law. There is no way one company with potentially valuable IP would allow an employee to move to a competitor without serious language, and usually a buffer period between jobs (often 6 months but sometimes longer). SO anyone who thinks J Basak would be allowed to cross the street and spill secrets doesn't understand labour law. Tech IP is what makes many many lawyers super rich.
I'm hoping this is a sign of collaboration more than competition. Litigation is a bigger threat to POET short term given the burn rate.