OnlyFans, a subscription-based social media platform used by adult entertainers, has hired an advisor to help identify investment interest at over a $1 billion valuation, Bloomberg reports. The company earned over $400 million in revenue last year and has roughly 130 million users, per Bloomberg. The London-based business may struggle to raise from traditional venture capital firms, many of...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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