Kharevabs wrote:
@sandip2295 this topic seems pretty different. I’d love to know how did you answer it
Hey, My stand was against it. I explained in the aspects of
People (The large firm will lose its talented employees in this process),
Quality (the large firm has become large because of its talented employees, hence if those employees start their own companies, the quality of large firms is likely to go down),
Action plan (there are possibilities of breach of such kind of contracts and it will be an inevitable headache for the large companies to pursue those cases) and
Cost (if the startup companies are financially backed by large firms, it is a riskier bet, since most of the startups fail.)
I also stated an example of BCG and Bain (how Bill Bain, an employee of BCG started his own company after working at BCG for 10 years and became its competitor) so there is a clear conflict of interest in such cases.
I was countered on each point but I somehow backed my stand. (backing it with facts was not a very good option for me since this scenario is not in practice at the moment) So I backed it with my own opinions and beliefs.