OnlyFans - An Enterprise Valuation on 23rd August 2021
The famous NSFW content subscription service that lets creators earn money from fans has decided to ban the adult content that has driven their growth. Are they biting the hand that feeds them?
In June, Bloomberg broke the story thatΒ OnlyFans is seeking new funding at a ~$1B valuation. Not bad for a five-year-old startup that has become synonymous with amateur pornography. Apparently, part of the plan was to raise capital from investors who can help the company transition into a mainstream media platform and shed its adult reputation.
The compaβ¦