Here's a news article synthesizing the provided information:
OnlyFans Considers Selling Majority Stake to Architect Capital
OnlyFans, the subscription-based platform popular with adult content creators, is considering selling a majority stake to investment firm Architect Capital in a deal that would value the company at $5.5 billion, according to a source close to the deal who spoke with TechCrunch. The potential transaction would see Architect Capital assume a 60% stake in OnlyFans.
The deal, if finalized, would be structured with $3.5 billion in equity and $2 billion in debt, the TechCrunch source stated. Currently, OnlyFans and Architect Capital are in an exclusivity period, preventing OnlyFans from negotiating with other potential buyers. The timeline for completing the deal remains unclear. The Wall Street Journal previously reported on the negotiations.
OnlyFans allows performers and influencers to sell content directly to fans through subscriptions. Architect Capital is an investment firm.
In other news from around the globe, Henry Jullien, a French eyewear designer, experienced a surge in sales after French President Emmanuel Macron was seen wearing the company's sunglasses. According to Euronews, the workshop has been running at full speed since Macron's public appearance. Henry Jullien specializes in high-end "made in France" eyewear and was founded in 1921.
Meanwhile, Moscow experienced its heaviest snowfall in over 200 years, disrupting daily life in the Russian capital. Euronews reported that Moscow State University meteorologists confirmed the record snowfall. Images showed residents struggling through heavy snow in the city center, and commuter trains in the Moscow area faced delays.
TechCrunch also provided a glimpse inside Physical Intelligence, a San Francisco startup developing robot brains. The company's headquarters, marked only by a subtle pi symbol, features a workspace filled with robotics parts, monitors, and assembled robotic arms.
Discussion
Join the conversation
Be the first to comment