Get ready for the next wave of IPOs – led by Anthropic in October 2026. |
The valuation could jump from $965 billion today – to over $3 trillion. And there’s still a limited time to invest before the SEC filing. |
Simply go here to get started. |
The most profitable company nobody would buy just revealed its IPO ambitions. |
OnlyFans (private)
Revenue: ~$1.5 billion (FY ending November 2025)
EBITDA: ~$750 million
Latest valuation: ~$3.2 billion (April 2026 stake sale)
IPO date: Not filed — early-stage discussions |
This week, Architect Capital founder James Sagan gave his first extended interview since buying 16% of OnlyFans for $535 million this spring. He said a U.S. listing is possible — and that institutional investors he's sounded out have been "very receptive." |
The financials explain why he's confident. |
OnlyFans generated roughly $8 billion in gross payments last year. The platform keeps 20%, creators keep 80%. That produced about $1.5 billion in revenue and $750 million in EBITDA — a 50% profit margin. |
The company has just 47 full-time employees. It has 132 million active fan accounts and has paid creators more than $30 billion since launch. |
Do you want to invest in the next huge IPO? You’ll want to check this out. |
Now consider the price. Architect Capital bought in at roughly 2x revenue and 4x EBITDA. |
For comparison, most profitable consumer platforms trade at 5x to 10x revenue. Reddit trades above 15x. |
So why the discount? It’s a reputation problem, not a business problem. |
Most venture and private equity funds have restrictions written into their partnership agreements that block investments in adult content. Earlier sale talks reportedly circulated at valuations up to $8 billion but never closed. When founder Leo Radvinsky died of cancer in March, the buyer pool shrank further. |
Sagan built his firm to buy what others can't. His prior bets include Juul and emerging-market lending. |
CEO Keily Blair has previously said an IPO isn't on the near-term roadmap. Nothing has been filed. A private sale remains more likely than a listing in the next year. |
If OnlyFans does file, it would be one of the most profitable companies per employee ever to reach the public markets. |
Anthropic and OpenAI are the top 2 IPOs in the pipeline. And I’m expecting an important SEC filing within the next 2 weeks. |
Don’t wait another minute – here’s the link. |
Ian Wyatt
Editor, IPO Watch |
|
0 التعليقات:
إرسال تعليق