OnlyFans’ profitability proves the creator economy boom was real enough

Like many sectors, creator-focused startups had an easy time of attracting funding in 2020 and 2021. But venture capital investment into this category slowed down significantly starting in the second half of 2022: going from 42 rounds worth $336 million in Q2 2022, to only 19 rounds worth $110.2 million in Q3 2022.

At the time, Nate O’Brien of Roadrunner VC said it best: “The creator bubble is popping.”


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