Adult-entertainment site OnlyFans is reportedly in talks to raise new funding at a valuation of more than $1 billion, sources familiar with the matter told Bloomberg on Wednesday.
The online platform, which charges users a subscription to view pictures and videos of celebrities, influencers, and adult-film stars, was teaming up with an advisor to bolster interest from investors, one of the sources told Bloomberg. The source wanted to remain anonymous because the talks were private.
The source also said the advisor was helping OnlyFans become a more mainstream online media site, and that it hoped to move away from its reputation for adult content.
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Did everyone at OnlyFans forget how quickly Tumblr became obsolete after they banned adult material? And that was a *free* platform.
Does OnlyFans really think there are enough people who will “pay for access” to their favorite celebrities? When we’re living in an era with the MOST access to stars because they’re all posting social media every five minutes?
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