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]]> By: Anonymous https://startupsanonymous.com/story/bound-non-compete-offers-work-competitor-startup/#comments/9707 Sat, 09 May 2015 20:52:36 +0000 https://startupsanonymous.com/?p=2104#comment-9707 In CA noncompetes are unenforceable for a reason. However, cut your loses and move on.

]]> By: Anonymous https://startupsanonymous.com/story/bound-non-compete-offers-work-competitor-startup/#comments/9696 Fri, 08 May 2015 16:07:41 +0000 https://startupsanonymous.com/?p=2104#comment-9696 Your investors sound like jerks. They invested in a specific company, team and vision… They are not entitled to a piece of anything you do if that original investment opportunity did not work out and the company failed. If they are not open to the risk of an angel investment, they should not make angel investments. It’s unfair and unreasonable of them to expect you to be their cash engine for years to come if you are working on something new somewhere else. It sounds so unethical; kind of like the mafia asking for protection money or something like that. They aren’t entitled to own your future.

]]> By: Anonymous https://startupsanonymous.com/story/bound-non-compete-offers-work-competitor-startup/#comments/9686 Thu, 07 May 2015 22:36:40 +0000 https://startupsanonymous.com/?p=2104#comment-9686 Why not shut down your previous company? If the assets are worth anything, you can share the proceeds among existing shareholders. And it also draws a nice line in the sand. Then you can pursue what you want.

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