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Rippling's controversial HR policy of banning ex-employees from competitors in a secondary stock offering is debated. The podcast discusses the ethics and implications of this move, examining the zero-sum game, company messaging, and employee value. Regulatory implications, non-compete arguments, and the importance of understanding the 'why' behind Rippling's decision are also explored.
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Podcast summary created with Snipd AI

Quick takeaways

  • Rippling offers equity in secondary for current employees while imposing unique restrictions on ex-employees from competitors.
  • Discussion on balancing confidentiality, employee rights, and industry norms amidst competitive landscape in secondary offerings.

Deep dives

Rippling's Unique Approach to Secondary Events

Rippling is offering current employees the opportunity to sell their equity in a secondary, allowing them to extract liquidity and be rewarded without leaving the company. Noteworthy is the company's decision to include ex-employees in this offering, albeit with a unique restriction on ex-employees from competitors participating. This move raises discussions about employee benefits, loyalty, and potential implications for the company's competition.

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