Onlyfans bans adult content soon (2022🔥) (1 Viewer)

[grandpa]

OnlyFans Is Moving Away From Adult Content

<p>OnlyFans will reportedly be moving away from adult content in the new year, looking instead to pivot towards showcasing a wider range of celebrities and athletes. The site, which is widely known for being a platform for adult content and sex work, is now reportedly looking to attract more...

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OnlyFans Seeks New Funding at Valuation Above $1 Billion

OnlyFans, a site where celebrities and adult-film stars charge admirers for access to videos and photos, is in talks to raise new funding at a company valuation of more than $1 billion, according to people with knowledge of the matter.

www.bloomberg.com

The site, which is widely known for being a platform for adult content and sex work, is now reportedly looking to attract more advertisers by cutting ties with its past.

Although the London based company boasts impressive numbers, OnlyFans may well find it difficult to attract traditional venture capital investors, who may have agreements in place stopping them from investing in ‘vice’ industries such as alcohol, guns and porn.

OnlyFans, a site where celebrities and adult-film stars charge admirers for access to videos and photos, is in talks to raise new funding at a company valuation of more than $1 billion, according to people with knowledge of the matter.

The startup, which is profitable, is working with an adviser to solicit interest from investors, said one of the people, who asked not to be identified because the discussions are private. The idea is to find backers who can help it become more of a mainstream media platform and lessen its reputation for porn.

 

[Sorrymom]

i wonder who will take over

 

[Sorrymom]

OnlyFans will supposedly be moving far from adult material in the brand-new year, looking rather to pivot towards showcasing a wider variety of professional athletes and stars.

The website, which is commonly known for being a platform for adult content and sex work, is now supposedly wanting to bring in more advertisers by cutting ties with its past.

Although the London based business boasts outstanding numbers, OnlyFans might well find it tough to bring in standard endeavor capital financiers, who might have arrangements in place stopping them from purchasing 'vice' industries such as alcohol, weapons and porn.

This is according to a recent report by Bloomberg, which reported that OnlyFans is now in discussions to raise brand-new financing at a staggering company valuation of over $1 billion.

The lucrative start-up is said to be working alongside a consultant to generate interest from financiers, individuals with knowledge of this matter informed Bloomberg.

Someone, who stayed confidential due to the personal nature of the discussions, explained that the plan was to discover and solicit backers who might assist OnlyFans make the shift towards becoming more of a traditional media platform, reducing its credibility for pornography.

A glimpse at OnlyFans' social networks marketing and its clear the business is eager to showcase the sort of material creators you would not instantly think about when discussing OnlyFans, individuals such as chefs, fitness instructors and wellness professionals.

According to the Financial Times, OnlyFans skyrocketed in appeal over the course of the coronavirus pandemic, increasing from less than 20 million users to more than 120 million.

This is because of lots of housebound customers heading online for entertainment, in addition to out-of-work performers seeking to make money as conventional locations closed their doors.