38 The FTC has voted/issued a new rule banning non-compete agreements from being included in contracts effectively immediately (and not retroactively). (www.ftc.gov) posted 241 days ago by redman012 241 days ago by redman012 +38 / -0 FTC Announces Rule Banning Noncompetes Today, the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamen 30 comments share 30 comments share save hide report block hide replies
I'm going to go for a job that isn't in NYC or SF. There is no salary high enough to convince me to live there.
But that's where a lot of talented young people do go, because at least the perception exists that that's where the jobs are. Again, large corps with substantial resources can always out-compete startups for talent in that environment.