Gemini Non-Compete

New
oPYU35

New

oPYU35
Oct 8, 2021 6 Comments

Hey guys, has anyone here quit Gemini to pursue another opportunity in the blockchain industry? Do they enforce the 1 year non-compete clause in their agreement?

Thanks.

Gemini
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  • Gemini
    sat0shi

    Go to company page Gemini

    sat0shi
    We are known for being litigious. The language of the non-compete is so broad that if enforced would prevent you from joining most places that works with blockchain. Many employees has protested this (to no avail) because there's no valuable IP here and the tech is pedestrian at best, monolith hacked together by bandaging a bunch of spaghetti. If you are interested in blockchain tech, there is no point in coming here. It might even prevent you from getting where you really want to be. Some people have left and continued to work in crypto but it's up to you if you want to take that risk. Upper and middle management doesn't know how to build a company or create value, the single tool they've found useful is suing. If the only tool you have is a hammer everything you see is a nail.

    Matters will be settled via arbitration and not court. The odds will be heavily against you. There is also a 1.5 year "opportunity period" where you are not allowed to invest in new crypto assets or startups without first consulting if Gemini wants to take advantage of the investment. Most of the time it would not be an issue. It would only be an issue if the investment is successful and they found out, then they could potentially sue you and take away your gains + their legal fees.
    Oct 9, 2021 1
    • New
      oPYU35

      New

      oPYU35
      OP
      Thanks sat0shi!
      Oct 10, 2021
  • Apple
    aaaaaple

    Go to company page Apple

    aaaaaple
    Not a lawyer, but they canโ€™t enforce in California
    Oct 8, 2021 0
  • Oracle
    Mangoes๐Ÿฅญ๐Ÿฅญ๐Ÿฅญ

    Go to company page Oracle

    Mangoes๐Ÿฅญ๐Ÿฅญ๐Ÿฅญ
    if you are nobody then nobody cares. just dont download IP to your usb/cloud drive
    Oct 8, 2021 0
  • Tesla
    inner_soul

    Go to company page Tesla

    inner_soul
    If your company from California, All non-competes not enforceable and are void in California
    Oct 8, 2021 0
  • Gemini
    dvya02

    Go to company page Gemini

    dvya02
    Where is the non-compete clause in your employment agreement? Iโ€™m not seeing anything about that in mine
    Apr 29 0