#376 | Porn & Big Money
English Learning for Curious Minds
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The Evolution of the Free Porn Industry
In 2006, a German computer programmer called Fabian Tilman sensed the potential of these Tube sites and brought up a load of different websites. In 2018, mind geek claimed that its revenue for the year had reached $460 million. Most of the biggest free porn sites were owned by mind geek, which had secretly been bought by an incredibly secretive German multimillionaire called Bernd Bergmeier. But in late 2020, something happened that would cause huge problems to mind geek's business, and indeed to the business of free porn. And this all comes down again to the unsexy but important business of payment processing, of how payments are made with cards.
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