News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
At risk of repeating myself (just saw this above)
Sweet, NEXT
So he didn't do any of the work for originally coming up with the idea or making the site, and then he also didn't do any of the work in making the site's popular content.
I do see there is some risk and some value in investing in a company, but it seems wrong that he became a billionaire when the people who did the actual work didn't. More evidence that we don't need billionaires.
Every CEO ever. Valueless drain through which money is removed
their Wikipedia article claims that he bought 75% of the site from the founders, and that the founders were still involved after the sale. Terms were not disclosed in that article, and I am not inclined to search further. But it is safe to assume the founders got their bag.
If this guy came along and made more off their work, who cares? I think those founders made enough that they don't have to worry about paying for porn ever again.
That money came of the backs of the performers, developers, and god only knows how many third world "content screeners" working for dollars a day to keep the site in compliance with local laws.
He didn't just get rich ex nihilio. He extracted that money from other people's hard work.
Well, yeah, that's what owners and CEOs do, make money off the backs of others. (And other body parts, too, in this case). He's no worse (or better) than the others.
That same Wiki article states that OnlyFans claims to have paid out $25B to "creators" as of last October. Ironically, these folks might be getting less screwed than content creators in other disciplines.
Enslaved on OnlyFans: Women describe lives of isolation, torment and sexual servitude
Something tells me that if OnlyFans didn't exist, Andrew Tate would have still found a way to be an exploitative asshole.
If Mossad didn't exist, Epstein would have still found a way to be a pedophile
I do. That's the thing I am complaining about. People who only contributed money taking the lion's share of the profits.
But what if the original founders got enough? If we are against billionaires existing, shouldn't we be cheering on folks who find an off ramp before getting there?
Since I wasn't complaining about the original founders, I'm not sure that this hypothetical is relevant.
What I do know is that a billion dollars is far more money than anybody needs to live extravagantly for the rest of their lives.