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 Highway Firm, which is an funding agency primarily based in Los Angeles.

The platform simply in 2023, so the concept of an $8 billion payout does 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 firms 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 patrons. An IPO can be being thought-about, an concept that’s .

Nonetheless, an outright buy is extra doubtless 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 any case, primarily for sexually express content material.

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