OT: Instagram

Bruce Walker bruce.walker at gmail.com
Wed Sep 26 10:31:04 EDT 2018


Non-compete contract clauses are usually only for a year or two. You
couldn't enforce one beyond that as employment lawyers would
successfully show they impair the executive's ability to make a
living.

Now, maybe they had stock options that vested over 5 or 6 years.
That's kind of long too (3 years is usual) but possible considering
the amount of money involved.

Neither of these were mentioned in the tech press though.


On Wed, Sep 26, 2018 at 10:16 AM P. J. Alling
<webstertwentysix at gmail.com> wrote:
>
> Most developers are independent types, they more or less began the high
> movement low loyalty workplace.  Mainly because they're smart enough to
> realize that most employers care less about them than they do about the
> furniture.  Zuckerberg, seems to be loyal to his friends, at least while
> they're valuable to him, but would treat the rest of his employees with
> a certain level of contempt.  They probably had contracts, that
> guaranteed them employment and pay for a number of years, that kept them
> from competing in their chosen field of endeavor,  which are now up, and
> they left as soon as they legally could.
>
> On 9/25/2018 1:54 PM, Bruce Walker wrote:
> > I'm surprised they lasted 6 years at FB. Entrepreneurial types are
> > generally allergic to large corporations, and dealing with FB
> > "optimizing" the app in order to clobber the competition, Snapchat,
> > and fine tuning the thing to maximize ad revenue at the expense of it
> > being, well, actually interesting, would frustrate anyone.
> >
> > Personally I doubt those two will ever produce anything really money
> > making again. I think they just got lucky with Instagram. They will
> > pour lots of dough into multiple startups and watch each fizzle. It
> > will take a few lifetimes to blow though the 1 billion they received
> > though, so I'm sure they'll have fun doing it.
> >
> > On Tue, Sep 25, 2018 at 1:42 PM Daniel J. Matyola <danmatyola at gmail.com> wrote:
> >> The creators of Instagram apparently are unhappy with the way Facebook is
> >> handling the app.
> >> http://www.theweek.co.uk/96699/why-instagram-founders-are-leaving-facebook-owned-app
> >> ?
> >>
> >> Dan Matyola
> >> http://www.pentaxphotogallery.com/danieljmatyola
> >>
> >>
> >> On Sun, Sep 23, 2018 at 8:30 PM Mark Roberts <postmaster at robertstech.com>
> >> wrote:
> >>
> >>> Paul Stenquist wrote:
> >>>
> >>>> Facebook without words.
> >>> That sounds pretty good, actually.
> >>>
> >>> --
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> >>> www.robertstech.com
> >>>
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