New Delhi, July 8 -- Last week, software engineer Soham Parekh shot to infamy after he was found holding full-time jobs at multiple startups. At one point, he allegedly was employed with four startups at the same time, all of which were on their zero-to-one journey in the US.

Several startup founders have said Parekh was impressive in interviews but failed to perform at the required level once hired. Parekh justified his actions citing "financial conditions", on the Technology Business Programming Network's podcast.

But what's really the issue here, why is everyone up in arms about Parekh's moonlighting, and what can companies do about it?

Simply put, moonlighting refers to an employee holding more than one job without disclosing this ...