Matt Levine’s Money Stuff: OpenAI Might Have Lucrative NDAs

NDA$$

I never give investment, legal or job advice around here, but I did once write:

Maybe the easiest lucrative job in finance is:

1. Take a job at a hedge fund.
2. Get handed an employment agreement on the first day that says “you agree not to disclose any of our secrets unless required by law.”
3. Sign.
4. Take the agreement home with you.
5. Circle that sentence in red marker, write “$$$!!!!!” next to it and send it to the SEC.
6. The SEC extracts a $10 million fine.
7. They give you $3 million.
8. You can keep your job! Why not; it’s illegal ...