Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

OnlyFans drops planned porn ban

variety.com

Post reply on HN
Print view View original

271–280 of 1001 posts

Re: OnlyFans drops planned porn ban

#271

Post by nradov »

gamesbrainiac wrote: post #240
gambiting wrote: post #213

Earlier quoted context omitted.

I have a friend who worked for 5 years at a big consultancy company and he got stonewalled for getting promoted to a team lead role because he didn't have a masters degree. Like, he was getting top marks every year at performance review, clearly knew how to do the job, but some internal policy somewhere said that you can't be a lead without a masters degree, sorry. He did manage to arrange with them that they would p…

That might me the case at larger consultancies. Also, some jobs even require a PhD, because it is super specialized. But overall, the ROI of degrees have plummeted. A friend of mine finished a Mechanical Engineering degree and couldn't find decent paying work for 2 years. He then moved onto website design.

Your friend may have struggled but overall Mechanical Engineering is one of the top 10 highest salary college majors. Most graduates are doing pretty well.

https://cew.georgetown.edu/cew-reports/valueofcollegemajors/

Re: OnlyFans drops planned porn ban

#272

Post by throwaway0a5e »

pope_meat wrote: post #205
throwaway0a5e wrote: post #192

Earlier quoted context omitted.

>For $$ per hour worked, why would they field low wage, menial jobs with a risk of COVID? Because after shit pay being the desk girl at Walmart Tire Center for 2yr you can easily convert that into a service writer job and then retire from your job as regional support manager for Compare with thotting around on the internet where you can make a ton of money up front but you're basically racing the clock because your b…

That's too many regional managers, I don't think the economy will support that.

The economy won't support that many Walmart Tire Centers either. That was just an example. My point was that there are paths from these "crap jobs" to "real career" and traveling said paths require about the same level of "how do I tee up my next move for more money" long term thinking as being a successful camgirl.

Re: OnlyFans drops planned porn ban

#273

Post by adventured »

albertgoeswoof wrote: post #150
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 perceived trajectory. You think they can’t grow any more- they think they can grow 100x over with enough capital Growing organically takes a long time and require a lot of luck. Capital can unlock massive growth if used in the right way. Besides, why not? If the company gets bigger, all the execs win, if the company raises money and wastes it and collapses, the execs are rich already and just move on.

> Besides, why not? If the company gets bigger, all the execs win, if the company raises money and wastes it and collapses, the execs are rich already and just move on.

That mental equation depends on who owns the company. Who the big insider ownership stakes are held by. If you own 43% of OnlyFans as the primary founder, you're going to think twice about mass dilution unless it's absolutely necessary. If you can avoid hefty dilution and still build the company, your wealth outcome will be dramatically better in the end. That's why not.

OnlyFans isn't a zero insider ownership shell run by suits at this juncture. It's only 4-5 years old. It was founded by two brothers (that may still retain upwards of a quarter of the business), and then Leo Radvinsky from the MyFreeCams cam site purchased 3/4 of it. MyFreeCams is a money spigot, which funds Leo's venture activities, including the purchase of OnlyFans. Taking an enormous dilution hit would not be ideal for someone in that position, he would want to be very strategic about it (he already has financial resources).

This is Leo's venture capital enterprise:

https://leo.com

Re: OnlyFans drops planned porn ban

#274

Post by jkestner »

pwned1 wrote: post #154
gunfighthacksaw wrote: post #114

Earlier quoted context omitted.

Doesn’t help when you don’t have the foot in the door because your family is not traditionally professional. I had to ask one of my old graduate project partners for a referral to my current (and first, at 27) tech job and I still feel dirty and guilty that I got it so easily and managed to escape the trap of being extremely qualified while making min wage in a dusty shithole of a warehouse. “It’s not what you know,…

Every single job I've had in my adult life (I'm 42 years old now) was because I knew someone. It pays to know people and make friends/connections. I got started with an unpaid internship in high school (every school should require that) and life grew out of that. [edit] And my family was anything but "traditionally professional." I had no connections whatsoever through my family.

Pretty much the same here. Many of those connections were from school, going all the way back to elementary. So as a parent now, I feel like part of my job, for better or worse, is to nurture their friendships and maintain them with playdates once they aren’t in the same school.

Re: OnlyFans drops planned porn ban

#275

Post by engineer_22 »

pope_meat wrote: post #205
throwaway0a5e wrote: post #192

Earlier quoted context omitted.

>For $$ per hour worked, why would they field low wage, menial jobs with a risk of COVID? Because after shit pay being the desk girl at Walmart Tire Center for 2yr you can easily convert that into a service writer job and then retire from your job as regional support manager for Compare with thotting around on the internet where you can make a ton of money up front but you're basically racing the clock because your b…

That's too many regional managers, I don't think the economy will support that.

A growing economy can support more managers in the future. A stagnant economy will not.

Re: OnlyFans drops planned porn ban

#276

Post by ronnier »

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…

> huge groups who are sexually repressed

Men I assume given the amounts of money they’ll spend on OF and the m/f ratios on dating apps?

Re: OnlyFans drops planned porn ban

#277

Post by jimbokun »

lotsofpulp wrote: post #211
syshum wrote: post #175

Earlier quoted context omitted.

>> less taxes (causing young folks to go heavily into debt for worthless degree credentials) So let me understand this thought process? It is better for Taxpayers to pay for "worthless degree credentials" The biggest problem in society as far as jobs are concerned is credential-ism itself. A standard public education should be good enough for a person to obtain a good middle class job, a K-12 education should be good…

> The biggest problem in society as far as jobs are concerned is credential-ism itself. A standard public education should be good enough for a person to obtain a good middle class job, a K-12 education should be good enough for 50-60% of all jobs in the market Why? What if the markets’ supply and demand curves indicate need for people with more than high school education, and an oversupply of people with just high s…

Theoretically, yes.

But there are far more jobs demanding a college degree where it's not required to be successful at that job, than jobs requiring college degree skills and knowledge but accepting under qualified high school graduates.

Re: OnlyFans drops planned porn ban

#278

Post by Alan_Dillman »

throwaway0a5e wrote: post #192
whymauri wrote: post #51

Earlier quoted context omitted.

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…

>For $$ per hour worked, why would they field low wage, menial jobs with a risk of COVID? Because after shit pay being the desk girl at Walmart Tire Center for 2yr you can easily convert that into a service writer job and then retire from your job as regional support manager for Compare with thotting around on the internet where you can make a ton of money up front but you're basically racing the clock because your b…

There is no reason one cannot thot and do something else. Many of them seem to be enrolled in advanced education. Likewise, a good thot income can fund a future, either going to school at 30, when you have a much better idea of who you are, or funding a more traditional business, or snapping up a few properties.

Likewise, they might be cagey enough to learn the backend of their backend business, and come out of it with video editing skills and whatnot, possibly segueing into an advanced education in media.

Re: OnlyFans drops planned porn ban

#279

Post by ohdannyboy »

I wonder if this was the plan from the beginning. Perhaps the bankers and business people with no connection to reality just wouldn't believe how disastrous that policy would be, so they make the announcement and use the backlash to get the point across.
Post reply on HN