Fri. 08/20 – OnlyFans Pulls A Tumblr
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 20 August 2021
⏱️ 21 minutes
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| 0:00.0 | Welcome to the Tech Meme Right Home for Friday, August 20th, 2021. I'm Brian McCullough. |
| 0:08.0 | Today, only fans want to get out of the porn business, which makes sense to nobody on the internet. |
| 0:14.7 | Elon Musk says Tesla is building a humanoid robot, and I love you, Elon, but you've really |
| 0:20.1 | opened the door to your critics with this one. |
| 0:22.6 | Microsoft is raising prices and of course the weekend long rate suggestions. |
| 0:26.4 | Here's what you miss today in the world of tech. |
| 0:29.1 | Only fans announced late yesterday that it will be prohibiting users from |
| 0:37.6 | posting any quote sexually explicit conduct unquote in October, but will continue to allow nude photos and |
| 0:47.0 | videos on the platform. So I guess that conduct word is key there. |
| 0:52.8 | Now number one, if the reaction on Twitter is indicative of anything, |
| 0:56.6 | only fans is way more popular than I thought because everyone was freaking out |
| 1:00.7 | about this last night. |
| 1:01.6 | Number two, remember when Tumblr banned porn, how did |
| 1:05.9 | that work out for them? Number three, I didn't mention it this week, but there were |
| 1:10.0 | rumors floating around earlier this week that only fans was struggling to find investors, |
| 1:14.7 | possibly due to hosting adult content. A pitch deck that was circulating for only fans to attempt |
| 1:20.5 | to raise money showed that the company was predicting $5.9 billion in gross merchandise |
| 1:27.0 | value in 2021 and $1.2 billion in net revenue. |
| 1:32.2 | So they were looking for some financing that would value them |
| 1:35.0 | above a billion dollars in aid of probably going public sometime in the near |
| 1:39.0 | future. Quoting Axios. The Rain Group, a merchant bank focused on tech and telecom this past spring, |
| 1:45.6 | began helping onlyfans to solicit investors. |
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