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[return to "Breaking Down OnlyFans' Economics"]
1. CSMast+b7b[view] [source] 2024-09-13 01:46:53
>>mef+(OP)
I have a buddy how likes to tell how he "had the idea for Onlyfans first" but I advised him not to pursue it.

The reality is that OnlyFans wasn't the first to try this model. You have to give them credit for successfully building the business, especially with several close calls between them and government regulations.

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2. doix+x7b[view] [source] 2024-09-13 01:52:24
>>CSMast+b7b
Yeah, I'm sure millions of people had this idea. My friends and I talked about it at some point as well.

The problem is the payment processor. How the heck do you accept adult-content related payments? That is the hardest problem to solve when it comes to these things in my book.

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3. mattfr+y8b[view] [source] 2024-09-13 02:04:53
>>doix+x7b
Payment is the hardest part in this space. Somehow OnlyFans had the privilege to use Stripe for all their transactions.

It's beyond knowing the business model, I guess the founder were at the right place and right time and knew the right people to make this venture succeed.

Also, the marketing, how the heck did these guy blow up so fast. The funds for marketing and all, it's not cheap!

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4. roenxi+W9b[view] [source] 2024-09-13 02:23:47
>>mattfr+y8b
If someone has a serious pitch to the tune of "I've got enough leverage with key players in Stripe to make an adult site work", everything afterwards would get pretty easy. Finding money to advertise is no problem, these sites are in a great position if they can work around the payment systems. The difficulty becomes the moat.
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5. duggan+TEb[view] [source] 2024-09-13 09:14:03
>>roenxi+W9b
As far as I understand it isn't Stripe setting policy on this, it's Mastercard/Visa. Though presumably, ultimately, it's really government.
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