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I'm sure their cut was somewhere in the 10-15%. There's no way there was an OnlyFans competitor a few years ago with a 1.2B USD revenue stream and it went witho
by deaddodo 5y ago
I'm sure their cut was somewhere in the 10-15%. There's no way there was an OnlyFans competitor a few years ago with a 1.2B USD revenue stream and it went without notice (or purchase).
OnlyFans just broke a 2B USD GMV after the COVID surge; and, at their 20% cut, that's a $400M per annum revenue stream.
- throwmeawaydddy 5y agoYeah, you're close on the cut (varied from 12.5% to 25% depending on purchase types). The revenue was nowhere near 1.2B. (I wrote the below in another comment, but it's relevant to this comment): Both of the claims in my original comment are correct as stated: * Roughly 20K active creators (VAL_A). * An average monthly payout to creators of $5K (VAL_B). HOWEVER, that does not mean that VAL_A * VAL_B = total monthly payout. The below details are relevant: 1. Not all active creators made money. 2. There was a payout minimum (well, a free payout minimum, which the majority of users waited to reach).