Andy Baio (waxy.org), said that Pixar has the right of first refusal when it comes to employee projects. If an employee wants to work on something of their own, they have to go to Pixar management and tell them about it before starting. In case Pixar would be interested. Usually they say 'no' and get full approval to work on their own project (at home).
Contrast this enlightened approach to employee IP agreements and other murky waters at typical companies (even startups).
And by the way... minus the darkness and you'll get a really cool work place. Bright light is always good to work in. The photos above show guys working isolatedly.
That way, I like Google's work place. Lots of toys and very vibrant(never been there, but their photos clearly show that).
Contrast this enlightened approach to employee IP agreements and other murky waters at typical companies (even startups).