Only fans has reversed their decision to not allow adult conduct on their membership service after getting commitments from their banking partners that they would not be shut down. This caused a lot of conspiracy theories when they made this announcement, and it actually inspired people to compete with the platform. Even though only fans is on pae to do one point two billion in revenue in 20 21, I had over 600 million profit last year.
In today's news show, Jason covers OnlyFans being back to business as usual (1:31), the stablecoin Circle cleaning up commercial paper from their USDC reserves (16:49), and does a break down of Warby Parker's S-1 as the company prepare to go public via direct listing (30:30).