Sosnoff & Ratigan: Truth or Skepticism - April 24, 2024 - Are Noncompete Clauses Fair

The tastylive network

Tom Sosnoff and Dylan Ratigan discuss the implications and personal experiences with non-compete clauses in the corporate world, reflecting on how these agreements have impacted their careers and views on business practice. They delve into the transitioning from public to private equity and express concerns about the increasing concentration of equity in private hands, which they suggest disadvantages the average investor and might hinder the democratization of finance. The conversation also critiques the high costs associated with taking companies public, attributing these to collusion among key gatekeepers like legal, accounting, and banking firms, thus limiting market accessibility and suggesting a need for regulatory intervention to reduce barriers and encourage a more open and fair market environment.