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OnlyFans says it will generate $2B+ in sales in 2020, now has 85M users, is adding around 500K users a day, and is paying out $200M+ a month to its 1M+ creators

New link at Bloomberg

Bloomberg

Discussion

  • @sandeepembar Sandeep R on x
    Decentralization of content creation and payment ecosystem from traditional network or ad-based monetization is so powerful https://twitter.com/...
  • @pt Parker on x
    I'm starting to expect there may be some posers involved. I bet most of these people don't even have the indie EPs. https://twitter.com/...
  • @hushes Cheryl Black on x
    Great overview of how OF got started. Spoiler: it was sex workers. Stop trying to erase us. https://twitter.com/...
  • @yashar Yashar Ali on x
    OnlyFans proves the point that sometimes you don't need to be great at something, you just have to be first. https://www.bloomberg.com/...
  • @mdudas Mike Dudas on x
    “@OnlyFans has grown into one of the biggest media businesses hiding in plain sight. The company has 85 million users, upward of 1 million creators, and will generate more than $2 billion in sales this year, of which it keeps about 20%... $400 million” https://www.bloomberg.com/.…
  • @scottmstedman Scott Stedman on x
    Bloomberg quickly touches on Radvinsky's sketchy past but doesn't addresses massive problems with OnlyFans. Dozens of people have told me that they had money stolen, entire account balances siphoned without their knowledge or detailed explanation. https://www.google.com/...
  • @mmasnick Mike Masnick on x
    Anyone asked OnlyFans what they think about #Section230? https://twitter.com/...
  • @venkatananth Venkat Ananth on x
    This is a very interesting read about OnlyFans. Some numbers. 85m + users (adding more than 500,000 a day), 1m+ creators who it pays more than $200m a month. Will generate more than $2b in sales, keeps 20% and $400m in annual net sales. https://www.bloomberg.com/...
  • @bmorrissey Brian Morrissey on x
    An age-old platform tale. Never hear about Snapchat sexting anymore. Tumblr, however, never managed to shake its well-earned porn rap. https://twitter.com/...
  • @andrewmd5 Andrew Sampson on x
    hopefully OnlyFans usher in the end of tech companies based around sex struggling for venture capital funding. https://twitter.com/...
  • @austinj Austin Johnsen on x
    Wow. Is OnlyFans the largest startup in the creator economy? https://twitter.com/...
  • @anshelsag Anshel Sag on x
    This is pretty crazy, but I won't lie I was also expecting it to be making more than $200M/Mo with 85M users https://twitter.com/...
  • @lucas_shaw Lucas Shaw on x
    Some facts that may not surprise you about OnlyFans founder Tim Stokely: > His first company was called GlamWorship, and it specialized in “financial domination.” (Google it) > His second site, Customs4U, enabled fans to pay porn stars for custom videos. https://www.google.com/..…
  • @johnjedwards3 John J. Edwards III on x
    A service adding as many as 500,000 users a day that you've never heard of, or tell people you've never heard of. https://twitter.com/...
  • @lucas_shaw Lucas Shaw on x
    Some stats that may surprise you about OnlyFans: > It's paying its creators more than $200M a month and on track for $2B+ in sales this year. > It keeps $400M of that money. > It now has more than 85M users. https://www.google.com/...
  • @lucas_shaw Lucas Shaw on x
    I wrote about the rise of @OnlyFans, a massive media business that wants to shed its reputation for naked women and position itself as the next big social network. https://www.google.com/...