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> I am not sure how this kind of role would work in a world of no non-competes but I suspect it would be suboptimal for everyone.

In your example, non competes seem to be optimal for the hedge fund investors, but I fail to see how it was optimal for everyone.

California has been pumping out quite a stream of “interesting jobs” and interesting businesses in a world of no non competes.

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//but I fail to see how it was optimal for everyone.

It was also optimal for me as the employee because the fund could (a) hire me and (b) structure my role in a way that I could quickly learn and make impact which (c) enabled me to earn what I want.

Without the non-compete, the role/hire would not have been possible and would have to be structured in some less optimal way.

Like I said, if I didn't think this role was even w the non compete I'd have done something else.

I don't know what the role was but I'm 100% sure that's not true at all. there are 0 roles that would disappear if non competes became illegal. 0

The onboarding was optimal for you, having the non-compete was not optimal for you. The ideal situation would be to have that great onboarding experience while also not having a non-compete, something that companies in California do all the time.

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