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Story summary
- OnlyFans is in talks to sell a majority stake to Architect Capital, valuing the platform at $5.5 billion including debt.
- Architect Capital plans to acquire nearly 60 percent of the company and invest in infrastructure for under-banked creators.
- OnlyFans generates $1.6 billion in annual net revenue and aims for an IPO in 2028.
- OnlyFans takes a 20% share of creators' earnings, a model linked to its rise during COVID-19 pandemic.
