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OnlyFans drops planned porn ban

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Re: OnlyFans drops planned porn ban

#241

Post by jimbokun »

bobthechef wrote: post #217
treesknees wrote: post #112

Earlier quoted context omitted.

That's not exactly true. It's not that an undergraduate degree is worthless, but it's become pretty standard. You may not stand above the rest with just a degree, but you certainly fall below the rest without one. I don't mean this from an intelligence or skill perspective, some of the smartest people I know don't have college degrees. But when the big companies are recruiting from college career fairs or listing it…

Worthless? Probably depends on the degree. Miseducation is worse than the absence of education. STEM at least has some market value , but man does not live by bread alone and market value alone does not elevate the university above the level of trade school. Trade schools are a good thing. Turning universities into glorified trade schools (which they are) is not. People need more of the intangible but true. A consume…

American universities do not really seem to be playing the role of exploring deep questions or search for meaning or knowledge for knowledge sake, either.

It's mostly about expanding the gravy train of administrative staff and shiny new dormitories and eating facilities and gyms, alongside a narrow ideological political indoctrination with little enthusiasm for debate or considering unpopular opinions.

Without the trade school aspect it's difficult to see what value they still provide.

Re: OnlyFans drops planned porn ban

#242

Post by wernercd »

treesknees wrote: post #112
traveler01 wrote: post #66

As a Gen-Z also recently graduated (less than 5 years), I can assure you, the fact these platforms are so big is because being graduated isn't worth anything these days. You are lucky or you are not.

That's not exactly true. It's not that an undergraduate degree is worthless, but it's become pretty standard. You may not stand above the rest with just a degree, but you certainly fall below the rest without one. I don't mean this from an intelligence or skill perspective, some of the smartest people I know don't have college degrees. But when the big companies are recruiting from college career fairs or listing it…

Add to that the fact that not all degrees are equal... there are plenty of "degree factories" that pump out useless people who don't know anything marketable.

Having a degree is, as you've said, a requirement (I have a 2 year... I'm out on some jobs because of it)...

Not having a degree is bad. Having a useless degree is worse as you now (generally) have the debt of a paper that means nothing.

Re: OnlyFans drops planned porn ban

#243

Post by rowland66 »

staticassertion wrote: post #173
onlyfansfan wrote: post #97

A question to you entrepreneurial types. Why does an globally established and growing company with a proven business model want to raise a billion dollar investment? It's money they'll have to pay back with interest and I assume there would be other strings attached (like the high risk implied by the planned move that was now canceled). How is possibly better than organic growth at this point where they are probably…

You don't pay investments back. They are a purchase of shares. The exchange is made and you're done. > How is possibly better than organic growth at this point where they are probably close to market saturation (in the sense that further exponential growth is implausible)? Moving into new markets, expanding the scope of the existing market, etc. Is OnlyFans that different from Youtube, or Patreon? Is it that differen…

> You don't pay investments back. They are a purchase of shares. The exchange is made and you're done.

This is a common misunderstanding that equity funding is free. For the owner of a business, taking outside investment and issuing share in return is diluting the original owners stake in the business. If effect, you are paying for these investments forever because you are giving up some portion of the businesses future profits.

There are certainly situations where this makes sense if you are able to grow much faster with the additional capital. However, the investment is not free.

Re: OnlyFans drops planned porn ban

#244

Post by treesknees »

bobthechef wrote: post #217
treesknees wrote: post #112

Earlier quoted context omitted.

That's not exactly true. It's not that an undergraduate degree is worthless, but it's become pretty standard. You may not stand above the rest with just a degree, but you certainly fall below the rest without one. I don't mean this from an intelligence or skill perspective, some of the smartest people I know don't have college degrees. But when the big companies are recruiting from college career fairs or listing it…

Worthless? Probably depends on the degree. Miseducation is worse than the absence of education. STEM at least has some market value , but man does not live by bread alone and market value alone does not elevate the university above the level of trade school. Trade schools are a good thing. Turning universities into glorified trade schools (which they are) is not. People need more of the intangible but true. A consume…

You may get as philosophical as you want on the topic of whether degrees are necessary. As someone who did college recruiting for my company I can say first hand that degrees don't mean anything about someone's skillset. I've talked to hundreds of students with a 4.0 and a degree that couldn't tell me the Big-O of a hash vs searching a list. But if you are working in a field where the job requirements list a bachelor's degree and you don't have one, you are automatically at the bottom of the list. If I have 3 positions open and 25 similar candidates, things like fulfilling the job requirements (like having a degree) start coming into play.

Very obviously if you are working in a field that does not list that as a requirement, then of course you don't need one. But it's still not worthless. As someone pointed out in another thread, if you're trying to move up in a company, a degree can be the differentiator.

Re: OnlyFans drops planned porn ban

#245

Post by PartiallyTyped »

eloisant wrote: post #148
onlyfansfan wrote: post #97

A question to you entrepreneurial types. Why does an globally established and growing company with a proven business model want to raise a billion dollar investment? It's money they'll have to pay back with interest and I assume there would be other strings attached (like the high risk implied by the planned move that was now canceled). How is possibly better than organic growth at this point where they are probably…

It's not necessarily money they'll have to pay back, it can be investors getting a share of the company (and existing investors getting their share diluted). Sometimes they might want to raise to grow faster than your competitors. Not sure about their market, but sometimes there is a "winner takes all" market where the winner isn't established yet. So it's a race to grow fast enough to be the first to get to that net…

The devs of FloatPlane considered entering that market as soon as the exit was announced, but given the development time and the fact that most of the content creators migrated to other platforms, and therefore they would be very late.

Re: OnlyFans drops planned porn ban

#246

Post by pelasaco »

whymauri wrote: post #51
rootsudo wrote: post #36

My biggest shock was how much "PR" was generated on Reddit, and how many sexworkers really do use the platform. I knew it was a thing, I knew of the memes, but to see both sides in arms over a company vs branding, creating their own website and content - and vanity domain as well. People really do just want a one click solution for creating adult content, and consuming adult content. And the memes, I think they're pr…

it's pretty huge COVID hit recently graduated Gen-Z incredibly hard. There's huge groups that are/were unemployed and then there's huge groups who are sexually repressed due to quarantine. Across the whole world, too*. Many can easily make more than min wage, and in certain niches you probably don't even have to be 'conventionally beautiful' (sorry to use this term, but it's important I think) to make a living or sol…

In Germany, all Craftsmen are just laughing. Tiler, Carpenter, electrician, etc.. all of them have enough to do, can choose their clients and their wages. I understand that HN always will tend to talk about CS, but Craftsmen are doing their 40k/year, easily. The Salary potential is just increasing.

Re: OnlyFans drops planned porn ban

#249

Post by after_care »

busymom0 wrote: post #157
duxup wrote: post #72

My understanding was that they were being cut off by payment processors and banks and that drove the decision. Was this resolved?

I would also like to know on whether it's possible for someone to start their own payment processors? There are tutorials on how to start an ISP, so should be possible for payment processors too no?

I think the traditional Visa/MasterCard/American Express/Discover payment processor has established a significant enough moat to make joining them unattractive.

There are several challengers like Paypal, Venmo, Zelle, Coinbase, etc that attack from a slightly different angle. I think the thing that is most common is that have super low cost bank transfer options, and they encourage users to maintain a balance. Processing payments locally is 100x-1000x preferable then processing payments externally for these players.

Re: OnlyFans drops planned porn ban

#250

Post by JohnWhigham »

63 wrote: post #46

I'm curious how much this may have impacted their users regardless. I imagine that a lot of people learned that relying on a single platform is dangerous and how important it is to diversify your online profile. I don't think people will trust Onlyfans anymore.

There's a lot of upstart clones that are using their own cryptocurrencies. Not sure how much they'll fare though now with OF retracting their decision.
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