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Nathan rolled up 11 tiny (<$1M EBITDA) HVAC companies, paying low 3x multiples. Now PE is interested in buying the group, and Nathan is already planning to do it all over again. “I see a lot of opportunity in taking these really small mom-and-pop shops and building them up... show more
136,799 просмотров • 25 дней назад •via X (Twitter)
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NEW LONG FORM VIDEO: The rise and fall of OnlyFans The owner of OnlyFans made $700 million last year with just 46 employees and no debt. By almost any measure, it’s one of the most profitable businesses on the internet. About a year ago, the owner tried to sell the company and has been struggling ever since to get the price he wants. So why is one of the most profitable businesses in internet history so hard to sell? The answer goes back to how the business was built. It all started with a $10,000 loan from a father to his son to launch the company. Today, more than $7.2 billion in revenue flows through OnlyFans each year. If a business generating $700 million in annual cash flow were publicly traded, it would likely be valued in the tens of billions of dollars. But here we are, and OnlyFans is still stuck on the market. And look, this is a complicated story. OnlyFans is an adult content platform, which makes it one of the more challenging businesses to analyze and talk about openly. Still, there are some fascinating business lessons behind how it grew, why it became so profitable, and why selling it has proven so difficult.
Michael Girdley
95,409 просмотров • 3 месяцев назад


