Future of Non-Compete Clauses - NLRB Decision

Member resources:

Frequent asked questions:

What is Searchfunder.com?

Searchfunder.com is an online community of searchers, investors, lenders, brokers and other professionals. Over 80% of those involved in searchfunds maintain a Searchfunder account to help them network, hire, and mentor others.

What are the benefits of membership?

In addition to accessing the most active online network of business buyers, Searchfunder licenses research that is simply not cost effective for individuals. Access over 15,000 industry reports and 50,000 transaction financials. You also get monthly credits for contact information for your company sourcing campaign with the option to purchase more at drastically discounted rates. Searchfunder has pre-purchased access from these data providers in order to empower individual buyers and to help searchers level the playing field versus private equity.

Do you have deals?

While we are primarily a buy-side network, we do have hundreds of brokers that regularly post deals to the community.

Can I find an internship on Searchfunder?

Absolutely! We have the industry's largest intern job board. If you are considering a search, the first step is to help another business buyer so you can hit the ground running.

What does it cost?

Searchfunder is a subscription service. We offer flexible monthly, annual and lifetime memberships.

Monthly

$79 / month

Annual

$19 / month

Lifetime

$432 / once

Those who maintain an account with us for over 4 continuous years are permanently added to the community without the need for a membership.

Do I need an MBA to join?

While a large number of our members come from dedicated programs at Harvard Business School, Stanford GSB, Chicago Booth, and other top programs, searching is no longer reserved for the elite. With the current abundance of dry powder in private equity, and an increasing number of business owners reaching retirement age, good deals rarely go unfunded.

Post a question, deal, job, etc...

Make a post...

Complete registration to post.

by a searcher from Texas A&M University
in Johnson City, TN, USA

3yrs ago

Future of Non-Compete Clauses - NLRB Decision

There is a NLRB decision relating to employee non-compete agreements: redacted

Writing this post to stir-up a dialogue here about potential impacts.

Ways to address concerns when buying a business if employee non-competes are no allowed?

Contractor non-competes also may be on the table to be eliminated.

What does this imply for the future of non-compete agreements for Sellers? This would seem to be a significant need in many M&A deals.

Perhaps this will hit certain industries harder than others?

1 Like

178 Views

reply by a professional 3yrs ago
from George Washington University in Raleigh, NC, USA

Here is more on the subject from some of my colleagues: redacted

reply by a professional 3yrs ago
from Stanford University in Minneapolis, MN, USA

Here in Minnesota, the state legislature just passed a law that outright bans non-compete agreements (sometimes called restrictive covenants, in legalese). My own humble opinion is that this type of ban goes way too far, both as a matter of fairness to employers (whose investments in IP and human capital deserve protection) and because of the unintended negative effects this legislation will likely have on economic activity and innovation. One of my law partners who has lots of experience litigating these cases recently made a similar case in an op-ed published in our local paper, the Star Tribune: redacted