The Blubber

Per Business Insider

The CEO of OnlyFans has described how the platform grew to over 3 million content creators after a huge 40% surge in 2022 alone. Ami Gan, who joined the company in 2020, started out as the chief marketing officer before becoming the CEO in late 2021.

During the Web Summit in Rio de Janeiro, OnlyFans CEO Ami Gan gave a statement regarding how they were a "global business" and had a presence in over 100 countries.

Ami Gan: "We've noticed a huge uptick in creators as well as fans joining the platform and we attribute that to OnlyFans is very much a global business, we're in over 100 countries,"

The CEO also commented on how Latin America became a huge part of the growth of their business and how it was an "opportunity for creators to get exposure to a global audience."

In 2021, OnlyFans had revenue of nearly $1 billion, with the platform making its owner, Leo Radvinsky, over $500 million since 2020. Radvinsky bought Fenix Internationa, its parent company, in 2018 for an undisclosed amount.

Tim Stokey, a British entrepreneur, founded the platform.

Gan also noted that other growth regions include Australia and some parts of Europe.

In November, OnlyFans CEO Ami Gan shared how they didn't see any slowdown despite inflation. They also addressed queries about whether they had plans to go public.

Ami Gan clarified that they were happy being private and didn't have plans to pursue going public.

It was recently reported that the US Secret Service could track OnlyFans, among other websites. This information was revealed through a December 2020 briefing sheet from the agency.

Citizens obtained the sheet for Responsibility and Ethics in Washington (CREW), a government watchdog organization. The sheet showed how the agency could be tracking OnlyFans on top of Facebook, Twitter, and Instagram.

See flow at unusualwhales.com/flow.

Other News:

• OnlyFans CEO Doesn't See Slowdown Despite Inflation Saying They Have No Plans to Become Public
• US Secret Service may be tracking OnlyFans and other websites per briefing sheets

Resources:

Business Insider