- OnlyFans recent (now-reversed) ban on pornographic content was motivated by struggles securing large-scale venture capital.
- The investors, or limited-partners, in prominent VC funds are primarily large institutions (eg pensions, endowments).
- These institutional investors require VC firms to sign vice clauses that prevent them from investing in tobacco, cannabis and porn-related companies.
- Early seed-stage VCs primarily backed by wealthy individuals aren’t usually restricted by vice clauses.
- Pornographic content will probably prevent OnlyFans from securing growth-scale capital.
Vice Clauses: No Porn Investments Please
(09/08/2021)
