OnlyFans IPO

onlyfans.com

OnlyFans was founded in 2016 by Tim Stokely. While the company has made numerous attempts to go public through a SPAC, OnlyFans remains a private company. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

OnlyFans is a content subscription service in which fans gain access to content by direct payments to creators. The company is reported to have 130 million users, 2 million of them being creators. Due to the proliferation of adult content on the platform, some investors have been reluctant to contribute funds, despite the service's success and popularity. OnlyFans' free cash flow has increased sharply over the last two years, rising from $150 million in 2020 to $1.2 billion in 2022. In 2021, OnlyFans reportedly sought VC funding that would value the company at more than $1 billion.

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OnlyFans Ticker Symbol

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