Onlyfans says is not going public in recent business conference

Media company Axios hosted a conference where the CEO of OnlyFans shared some of her perspectives about the growth of the company and how they are looking to “change the internet.”

OnlyFans exploded during the pandemic, attracting a large number of new subscribers who created accounts to publish content. In the majority of cases, people were looking to consume the content. The website is primarily known for its adult-based content.

During the panel with Axios, she shared that due to the company’s rapid growth, seeking outside capital is not currently on the roadmap. Many creators have faced backlash because of the type of content they create and their day jobs. In many cases, school teachers, soldiers, and individuals from various backgrounds have turned to using their bodies to gain a financial advantage through the platform.

A Missouri high school teacher, who was suspended after officials discovered that she had performed on a subscription-based website known for sexually explicit content, has resigned, a school district official said.

The company is anticipating further growth in a challenging business climate.

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