OnlyFans Valued at $3.15 Billion After Minority Stake Sale
OnlyFans has been valued at $3.15 billion following a deal to sell a minority stake in the company to Architect Capital. This transaction marks a significant infusion of outside capital for the platform.
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OnlyFans Valued at $3.15 Billion in Deal to Sell Minority Stake to Architect Capital
The parent company of OnlyFans, the porn-friendly creator site that rakes in billions of dollars in annual revenue, has sold a 16% stake to Architect Capital for $535 million. The deal announced by U.K.-based Fenix International Ltd., owner and operator of OnlyFans, gives the company a $3.15 billion valuation. The deal comes after the death […]
By Todd Spangler
Read full article →OnlyFans Lures Outside Capital As Architect Capital And Billionaire Tag Team Deal
OnlyFans Lures Outside Capital As Architect Capital And Billionaire Tag Team Deal Nearly seven weeks after OnlyFans owner and billionaire Leonid Radvinsky died, and after months of reports that the sex-worker streaming platform was exploring a stake sale, the Financial Times reported Friday morning that San Francisco-based Architect Capital is preparing to buy a minority stake in the company. Australian billionaire James Packer, best known as the former head of the Packer famil...
By Tyler Durden
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