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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Editor's note: You know it’s not an average day when you find yourself in an encrypted chat with the founder of a crypto-blockchain adult entertainment company. If you’ve been around the internet recently, you probably know about OnlyFans. What began as a platform aimed at connecting creators with their followers on a “personal level” in 2016, quickly morphed into one of the most successful internet companies to run a content subscription service. Most importantly, it became a safe haven for those who wanted to make adult content and sell it. Today, OnlyFans claims a registered user base of more than 150 million. It works with a massive creator ecosystem comprising nearly 1 million creators, with the top 1% of them making more than $100,000 a year on the platform. So when the company decided to ban explicit content by 1 October after it faced pressure while seeking investors and got the cold shoulder from banking institutions, nobody was pleased, with many calling the move anti-sex work. This backlash from the company’s most loyal followers eventually led to the platform overturning this ban …
Editor's note: You know it’s not an average day when you find yourself in an encrypted chat with the founder of a crypto-blockchain adult entertainment company. If you’ve been around the internet recently, you probably know about OnlyFans. What began as a platform aimed at connecting creators with their followers on a “personal level” in 2016, quickly morphed into one of the most successful internet companies to run a content subscription service. Most importantly, it became a safe haven for those who wanted to make adult content and sell it. Today, OnlyFans claims a registered user base of more than 150 million. It works with a massive creator ecosystem comprising nearly 1 million creators, with the top 1% of them making more than $100,000 a year on the platform. So when the company decided to ban explicit content by 1 October after it faced pressure while seeking investors and got the cold shoulder from banking institutions, nobody was pleased, with many calling the move anti-sex work. This backlash from the company’s most loyal followers eventually led to the platform overturning this ban …
Bistro may look like a response to Swiggy and Rapido’s 'budget' food delivery apps, but the similarities end at affordability—the playbooks are fundamentally different.
Exploitation of unskilled workers is at the heart of quick-delivery service businesses in India. They should be valued for what they are and not what they pretend to be, a trait that has taken a devious form of wanting it both ways.
With transparent pricing and a zero-commission model, Ownly seems like the first serious challenger to the Zomato-Swiggy duopoly.
Bistro may look like a response to Swiggy and Rapido’s 'budget' food delivery apps, but the similarities end at affordability—the playbooks are fundamentally different.
Exploitation of unskilled workers is at the heart of quick-delivery service businesses in India. They should be valued for what they are and not what they pretend to be, a trait that has taken a devious form of wanting it both ways.
With transparent pricing and a zero-commission model, Ownly seems like the first serious challenger to the Zomato-Swiggy duopoly.
