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 referred to as the Forest Highway Firm, which is an funding agency based mostly in Los Angeles.
The platform simply in 2023, so the thought of an $8 billion payout does not appear that far-fetched. OnlyFans grew to become a worldwide phenomenon through the COVID-19 pandemic and it takes 20 p.c of all creator earnings.
Investor curiosity has peaked over the previous a number of months as spectacular incomes statements grew to become public. It has managed to , which is one thing many corporations that skilled .
Sources have said {that a} deal might be reached inside the subsequent week or two. Nonetheless, Fenix Worldwide Ltd have additionally been in talks with different potential consumers. An IPO can also be being thought of, an concept that’s .
Nonetheless, an outright buy is extra seemingly than a public providing. That is as a result of 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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