OnlyFans is looking for a buyer. The asking price is $8 billion.
In 2023, the platform, which has over 300 million users, generated $6.6 billion in revenue, and the profit amounted to $485 million. The owner of OnlyFans, Leonid Radvinsky, hasn't been stingy — he has already paid out over $1 billion in dividends over the last three years.
Nevertheless, despite the excellent performance, finding a buyer may pose challenges — most banks and investment funds are reluctant to get involved with such a theme due to reputational risks and legal restrictions.
We feel for Leonid, but not wholeheartedly 😅