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Mithun Kumar
Helping Founders Ship SaaS Faster | Growth & Product-Led Software Engineer
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September 18, 2024
It is indeed a revelation. Leonid Radvinsky, the sole proprietor of OnlyFans, has amassed a staggering $1 billion in dividends alone in a span of just three years. Let's break it down: - In 2023: He pocketed $472 million - In 2022: He took home $338 million - In 2021: He earned $284 million Radvinsky took over the reins of the company in 2018 for an undisclosed sum, and it's currently one of the most prosperous tech startups in the UK. Despite its success, it's not without controversy. Here's what the platform has achieved: - Last year, revenue spiked by 20% to a whopping $1.3 billion - The number of creators increased by 29% to 4.1 million - Users grew by 28% to 305 million Although OnlyFans is primarily known for adult content, it's making a conscious effort to diversify its user base by bringing onboard comedians, chefs, and personal trainers. The societal impact of OnlyFans is undeniable. So, the question arises, has the platform done more good or harm for society? I think the answer is quite obvious. --- 🚀 Follow me for insights on SaaS, indie hacking, and startup growth! I help founders validate ideas and ship products faster. #solopreneur #startup #entrepreneur #founder #saas
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September 18, 2024