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Jessica Lessin

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San Francisco
As seen in: The Information, Apple Podcasts, LinkedIn, Medium, The New York Times, The Guardian, The Wall Street Journal, The Atlantic, Axios, Flipboard, Product Hunt and
Working for a better journalism future. Founder, @theinformation. Founder, @lessinmedia. Co-host @moreorlesspod

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Articles

OnlyFans Investor Says Company Will ‘Never’ Use AI to Replace Creators

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By Jessica Lessin Verified
| The Information Verified
Every AI executive I talk to these days wants to tell me what their models can now do. James Sagan, the low-profile investor who just bought 16% of OnlyFans at a $3 billion valuation, spent most of our interview telling me what his platform is betting AI can't do. In a wide-ranging exclusive interview about the deal, and how he plans to evolve the company, I asked him the obvious question: Does AI disrupt OnlyFans? (You can see the full transcript of the interview here.
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OnlyFans Investor Plans Financial Products for Creators

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By Jessica Lessin Verified
| The Information Verified
Source: The Information OnlyFans and its new investor Architect Capital plan to introduce custom financial services to the adult content platform, Architect founder James Sagan said in an interview on The Information TITV Tuesday. Sagan highlighted that OnlyFans creators remain among the highest-earning yet most underbanked entrepreneurs in the world due to traditional banking reluctance and structural Know Your Customer (KYC) challenges.
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OnlyFans’ New Investor Reveals Financials, IPO Ambitions in Rare Interview

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By Jessica Lessin Verified
| The Information Verified
One of the most interesting deals of the year had nothing to do with GPUs or tokens. This spring, Architect Capital bought a 16% stake in the adult content platform OnlyFans, at a valuation just north of $3 billion. The founder of Architect Capital has been mum about the deal—one that most other investors wouldn’t touch.
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