OnlyFans: Gearing up for an IPO – #marketnews

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As one of Europe’s fastest growing companies, with a 2021 revenue well over $300m and a compound annual growth rate of 400 per cent, you may be asking yourself whether OnlyFans’ growth is sustainable, especially as post-pandemic world emerges and the cost of living crunch forces people to cut subscriptions and luxuries?

While Gan managed to gloss over the matter, stating “I think ultimately it is about people and their priorities”, she instead focused on the opportunities that can be found in the ‘Great Resignation’, with people turning away from traditional career routes and into the arms of the creator economy, worth an estimated $20bn.

As its global HQ, Gan said London was an “incredible home base” for OnlyFans’ ambitions, revealing her personal plans to spend an increasing amount of time in the capital.

When asked whether this was related to rumours that the company was gearing up for a London IPO, Gan refused to comment. But, what she did say was that a future of some kind was clearly in the City.

https://www.cityam.com/onlyfans-the-uk-success-story-and-online-safety-pioneer/

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