This article's got some facinating numbers!
"The company counted an average of only 42 employees in 2023, down from 61 two years earlier. During the year, it generated $31MM in net revenue per employee[..]"
$31MM per employee!!
"Though OnlyFans is based around subscriptions, over 60% over consumer spending is now via transactions (and unlike say, Candy Crush, these are not micro transactions but instead add-on purchases that can cost dozens of dollars or more). Indeed, subscription revenues are up only 9% since 2021 (or $227 million) whereas transactional spending is up 70% (or $1.6 billion), representing 88% of total growth."
The following line makes me sad though:
"[..] In this sense, we should recognize that many fans are paying for parasocial relationships and fantasies of connection, rather than just photos and video."
https://www.matthewball.co/all/fansprofitandloss
0xtr
npub1kt…kyhz0
2024-09-13 15:01:37
Author Public Key
npub1ktt8phjnkfmfrsxrgqpztdjuxk3x6psf80xyray0l3c7pyrln49qhkyhz0Published at
2024-09-13 15:01:37Event JSON
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"content": "This article's got some facinating numbers!\n\n\"The company counted an average of only 42 employees in 2023, down from 61 two years earlier. During the year, it generated $31MM in net revenue per employee[..]\"\n\n$31MM per employee!!\n\n\"Though OnlyFans is based around subscriptions, over 60% over consumer spending is now via transactions (and unlike say, Candy Crush, these are not micro transactions but instead add-on purchases that can cost dozens of dollars or more). Indeed, subscription revenues are up only 9% since 2021 (or $227 million) whereas transactional spending is up 70% (or $1.6 billion), representing 88% of total growth.\"\n\nThe following line makes me sad though:\n\"[..] In this sense, we should recognize that many fans are paying for parasocial relationships and fantasies of connection, rather than just photos and video.\"\n\nhttps://www.matthewball.co/all/fansprofitandloss",
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}