tumblr was purchased for 1.1billion dollars, banned adult content, lost 30 percent of its user base in 3 months, was sold for 3 million and tumblr wasn't even synonymous with adult content like onlyfans ishttps://twitter.com/TaylorLorenz/status/1428418559256850438 …
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the reason this is happening is tech companies (in this case banks) applying their monopolistic pressure on companies to drop adult content from their payment networks. we saw similar pressure with apple pressuring discord to drop adult servers or lose app store presence
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the tldr here (to me anyway) is that capitalism will happily throw away money as long as it aligns with western morality, much like it would rather throw away food than sell it on the cheap to feed the hungry, or lose money on empty homes rather than house the homeless.
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anyway taking bets on onlyfans bankruptcy, I give it 12 months
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Replying to @ithayla
All in. Which is also something that probably won't be allowed on the platform anymore.
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Not gonna lie, I'm very happy with that joke.
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