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Strapped startup declines acquihire, Apple poaches key engineers; NP, says court [pdf]

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31–40 of 442 posts

Re: Strapped startup declines acquihire, Apple poaches key engineers; NP, says court [pdf]

#31

Sounds like a few engineers found out that Apple was looking into their company and knowing Apple was interested they took a new gig, meanwhile the CEO got upset and decided to fire the last remaining defecting engineer, who out of goodness of heart actually declined Apple, but gratefully took the offer once he got fired. Although it probably hurts to have your team poached, it sounds like potentially it wasn't a gre…

We should rid of the term 'poaching'. There's no such thing. We're not animals, we are free to accept a better offer it comes along. The CEO should have counter offered with something more substantial, but he couldn't so the engineers went to greener pastures.

  We're not animals

  so the engineers went to greener pastures
...for grazing?

Re: Strapped startup declines acquihire, Apple poaches key engineers; NP, says court [pdf]

#32
post #27
post #14

Earlier quoted context omitted.

That sounds like something someone who has never been taken to court over IP rights would say. I have, and it cost us $10k to get told "you're screwed." by the lawyer that was suggested by friends as one of the better ones for startups.

Without IP laws, you would be even more screwed. By virtue of your existence, you would be there as little fish literally to be eaten by larger one's. For every time a large company trolls a smaller one, there are 100 times one company decides not to infringe on some other work. For example, I work with a hardware company that has patents. We freely send our products to larger competitors. Why? Because they know we h…

There are 100 companies that decide to infringe on your patents in China anyway.

This way we get the worst of all possible worlds.

Had we been more desperate and not using other peoples money we would have started negotiating with car bombs as our Eastern European engineer suggested.

Re: Strapped startup declines acquihire, Apple poaches key engineers; NP, says court [pdf]

#33
post #23

Earlier quoted context omitted.

We should rid of the term 'poaching'. There's no such thing. We're not animals, we are free to accept a better offer it comes along. The CEO should have counter offered with something more substantial, but he couldn't so the engineers went to greener pastures.

>but he couldn't so the engineers went to greener pastures. She.

[deleted]

Re: Strapped startup declines acquihire, Apple poaches key engineers; NP, says court [pdf]

#34

Sounds like a few engineers found out that Apple was looking into their company and knowing Apple was interested they took a new gig, meanwhile the CEO got upset and decided to fire the last remaining defecting engineer, who out of goodness of heart actually declined Apple, but gratefully took the offer once he got fired. Although it probably hurts to have your team poached, it sounds like potentially it wasn't a gre…

We should rid of the term 'poaching'. There's no such thing. We're not animals, we are free to accept a better offer it comes along. The CEO should have counter offered with something more substantial, but he couldn't so the engineers went to greener pastures.

We are animals. Why the fuck people insist on claiming otherwise is beyond me.

Re: Strapped startup declines acquihire, Apple poaches key engineers; NP, says court [pdf]

#35

I have to admit, while I cannot stand Apple and I am constantly opposed to them and I consider them personally a net negative in today's world, in this particular situation it seems they are not the "rotten" party, or would it be better to say that they are the "lesser evil". Reading through the document I am honestly shocked at the behaviour of the CEO, I mean come on how entitled do you have to be to try and think…

Yeah it expands the whole concept of wage slavery.

Re: Strapped startup declines acquihire, Apple poaches key engineers; NP, says court [pdf]

#36
post #30
post #16

Earlier quoted context omitted.

There are lots of theories. One of the main ones is that national policies around employee equity vary throughout Europe and are often severely disadvantageous (particularly Spain and Germany). Lots of European entrepreneurs are calling on policy makers to both normalize this within the EU, as well as making the policies competitive (e.g., [1]). Of course that statement misses some of the “why not ”. The tax treatmen…

> One of the main ones is that national policies around employee equity vary throughout Europe and are often severely disadvantageous (particularly Spain and Germany). Lots of European entrepreneurs are calling on policy makers to both normalize this within the EU, as well as making the policies competitive (e.g., [1]). I would also add that employee perception about the value of equity vs salary varies across countr…

Absolutely. Though even the base salary pay differential between European hubs and the Bay Area are substantial.

I think the firing people thing is good to point out, but many startups end up not needing to fire individuals: they just go out of business :).

Re: Strapped startup declines acquihire, Apple poaches key engineers; NP, says court [pdf]

#37
post #9

Two things, really: if you turn down an acquisition that you feel your employees supported, you don’t get to do the “surprised pikachu face” when you turn it down and they go work there anyway. Secondly, it’s presented as if these engineers exfiltrated special knowledge with them... isn’t it fair to also give them the benefit of the doubt in that the same employees may have crucially developed the software themselves…

> Representatives from each company met to explore a possible acquisition but Apple ultimately passed.

Re: Strapped startup declines acquihire, Apple poaches key engineers; NP, says court [pdf]

#38
Once the employees know that their CEO is "shopping" the company, it seems like the CEO should have known they would be looking towards the exits (unless, of course, they had lots of equity which would turn into $$ once the acquisition happened, which case they would likely stay put). It was not only kind of sleazy to try to, essentially, sell your employees to another company as if they are your property, but also not very business-savvy. If she had simply taken Apple's "acqui-hire" offer, she would have made money, burnished her reputation as a founder who successfully "flipped" to Apple, and probably gotten VC money to try again.

Now, I think she may have acquired a reputation as someone who ends up treating her employees like her personal property? Maybe she's an awesome boss normally, but if this is all you knew about her, I think I would not be interested in working at her next gig, whatever it is.

Re: Strapped startup declines acquihire, Apple poaches key engineers; NP, says court [pdf]

#39
post #3
post #2

"That evidence does suggest the engineers drew on knowledge and skills they gained from Hooked to develop a product for their new employer––but California’s policy favoring free mobility for employees specifically allows that. (See Whyte v. Schlage Lock Co. (2002) 101Cal.App.4th 1443, 1464 [rejecting the “inevitable disclosure” doctrine, under which a claim for trade secret misappropriation is stated if an employee’s…

I don't understand why there is no Silicon Valley in Europe then

AFAIK non-competes are enforceable in Europe, unless they're unreasonable.

Re: Strapped startup declines acquihire, Apple poaches key engineers; NP, says court [pdf]

#40
post #3
post #2

"That evidence does suggest the engineers drew on knowledge and skills they gained from Hooked to develop a product for their new employer––but California’s policy favoring free mobility for employees specifically allows that. (See Whyte v. Schlage Lock Co. (2002) 101Cal.App.4th 1443, 1464 [rejecting the “inevitable disclosure” doctrine, under which a claim for trade secret misappropriation is stated if an employee’s…

I don't understand why there is no Silicon Valley in Europe then

I don't know how much of a role this plays, but even with lower market rates, employing a team in Europe can be an expensive, unwieldy task. Firing in particular seems to be a lengthy, drawn out process. I don't think that's a bad thing, but I can imagine how a significantly increased cost for every bad hire might increase the risk profile of a small startup.
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