After a long period of failed attempts, OnlyFans may be looking to finally go public via SPAC. The potential of an IPO could bring drastic changes to the platform — up to and including banning porn — if potential investors are scared off by the messiness of moderating such content.
If this story is sounding familiar, that’s because OnlyFans has tried going public in the past, but previous attempts quickly failed when the company found investors didn’t want to deal with the massive amounts of porn on the site. Last year’s porn ban was directly influenced by this search for capital.
