OnlyFans is in talks to promote for $8 billion

OnlyFans is on the promoting block, . The present proprietor of the grownup leisure platform, Fenix Worldwide Ltd, is in talks to promote to an investor group at a valuation of round $8 billion. This group is being led by an entity known as the Forest Street Firm, which is an funding agency based mostly in Los Angeles.

The platform simply in 2023, so the concept of an $8 billion payout would not appear that far-fetched. OnlyFans turned a world phenomenon through the COVID-19 pandemic and it takes 20 % of all creator earnings.

Investor curiosity has peaked over the previous a number of months as spectacular incomes statements turned public. It has managed to , which is one thing many corporations that skilled .

Sources have said {that a} deal might be reached throughout the subsequent week or two. Nevertheless, Fenix Worldwide Ltd have additionally been in talks with different potential consumers. An IPO can also be being thought-about, an concept that’s .

Nevertheless, an outright buy is extra probably than a public providing. That is because of the porn of all of it. The corporate tried to get round this by asserting a ban on sexually express content material in 2021, however reversed course . OnlyFans is, in spite of everything, primarily for sexually express content material.

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