UK’s OnlyFans tops $3bn valuation amid talks to sell stake to US investor
Adult video platform to sell minority stake to increase stability after death of its founder Leonid RadvinskyBusiness live – latest updatesOnlyFans, the UK adult video platform, is in talks to...
By Dan Milmo Global technology editor · The Guardian World
Adult video platform to sell minority stake to increase stability after death of its founder Leonid Radvinsky Business live – latest updates OnlyFans, the UK adult video platform , is in talks to sell a minority stake to a US investor that will value the business at more than $3bn (£2.2bn). The London-based company is in advanced talks to sell a stake of less than 20% to the San Francisco-based investment firm Architect Capital, according to the Financial Times . Sources familiar with the process confirmed the talks to the Guardian. Continue reading...