371–380 of 1001 posts
It’d be really interesting to see if these platforms would ever have gotten so big/popular without their now-excluded audiences.
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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…
A degree at least means a candidate can probably read and write. I meet too many 20-somethings who think they are hot stuff because they can make a website dance, but are totally incapable of creating a document explaining how they did it. My favorite legal recruiter question: give them a topic to research online, one where you know the wikipedia entry is wrong. Not many without post-secondary research experiance wou…
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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…
> 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. Well, that's part of the job - are you able to fig…
it seems like if some individual has been working with you for years, you should probably have access to better metrics for this than degree/no degree, such as personal acquaintance and familiarity
I doubt OnlyFans ever intended to actually do this. Just a creative marketing blitz to drum up awareness. Next up, McDonald's to stop selling Cheeseburgers and Tesla to stop making cars.
They started out with pornhub, which as a direct result of that deleted a ton of their content. OF seeing how these groups could effectively pressure the biggest fish in the porn industry through the creditcard companies, they found themselves between a rock and a hard place.
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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…
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…
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…
They want a solution for distributing adult content and getting paid for it.
By far, the single biggest hurdle here is payment processing - as evidenced by this whole OnlyFans fiasco. It's Visa and Mastercard who are pressuring OF - they've been doing this to sex workers for decades, but finally picked a fight big enough that it's getting real media backlash.
Isn't "OnlyFans without sexual content" basically Patreon?
Patreon is really barebones, for example to host video just for Patrons you have to go through other sites which lets users leak out the info to access it since it's not usually directly tied to their Patreon account. There's no built in support for livestreaming on Patreon at all. All in all Patreon is a super basic private text blog.
Their end-goal however is a lot simpler: get rid of all porn.
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Investments aren’t loans, so you don’t have to pay it back the way a loan might be.
Thanks, I guess I was wrong on that count. It makes sense. The first part continues to baffle me. If I have a proven profit of $X/year and I have the market captured (speaking on the order of 10% or 50%, doesn't matter), how does it make sense to seek investment in the order of 100*X? What's the goal? Why not just keep milking the proven cash cow and stop growing and risking?
I'm going to ignore the whole "cashing out" and "hyper growth" answers because they've been covered to death.
Rather, I'll just say that this OnlyFans situation is a great example of why you'd want to do that. OnlyFans is a great case of what you described — they have definitely captured a significant chunk of the premium adult content market, and have nice steady revenue streams from there. They could just keep milking that and improving it incrementally.
Yet, that whole revenue stream comes with a huge risk attached (a risk of 'extinction event' proportions) in the form of payment providers refusing to do business with you. Near as I can tell, this whole situation is at least somewhat due to Mastercard pressuring OnlyFans to stop offering adult content (or, at least, to offer it under much more restrictive terms), so this is not some hypothetical risk, it's an actual credible threat. Investment gives them the resources to go find ways to work around that risk somehow.
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There are US laws that I can’t remember the names of which make financial institutions legally responsible (probably bad English) for crimes that happen on platforms they sell their services to. So VISA could be fined for any trafficking that happen on OnlyFans. This is also why Pronhub had to remove almost all their videos if they wanted to keep credit card services. As an European I’m a fan of laws that make platfo…
Coinbase (and other financial services) do a pretty good job of requiring photo id on signup; I don't know what OF procedure is, but there's definitly precedent.