How did Alan Kohler get out of his non-compete clause? The finance guru is starting yet another publication, after selling Eureka Report and Business Spectator to News Corp. News Corp subsequently sold Eureka Report on, which is why he was able to do it, he said on Twitter today. “See the thing is my non-compete was with News and they sold Eureka, so it no longer applies,” he said, in response to occasional Crikey writer Jason Murphy musing on how he’d be sure to draft a solid non-compete if he ever bought out Kohler.
The website for The Constant Investor is up, and will be unlocked for $25 a month once it launches. It’ll also have no ads, Kohler told Mumbrella. “My view is you have to decide what business you’re in: subscriptions or advertising. It’s very difficult to do both,” he said.