Entrepreneur, 22, who founded $65 million OnlyFans rival Fanfix wants to ‘blackout’ adult site
Entrepreneur, 22, who founded a subscription start-up to rival OnlyFans from his kitchen table, hopes to ‘eclipse’ the adult-only site after selling his company for $65M
- Harry Nashuatec co-founded subscription-based startup Fanfix in 2020
- Influencers can monetize ‘clean, exclusive behind-the-scenes clips’
- The 22-year-old is now a millionaire after selling the platform for $65 million
An entrepreneur who started a business from his kitchen table has sold it for a whopping $65 million.
Harry Nasteller co-founded Los Angeles-based subscription-based startup Fanfix in 2020 as a rival to OnlyFans — but without the nudity.
It provides a space for social media stars and influencers who don’t want to be associated with explicit content to monetize “clean, exclusive behind-the-scenes clips.”
The 22-year-old is now a millionaire after selling the platform for $65 million last year, according to Crunchbase.
Harry Nashuatec co-founded the subscription-based startup Fanfix in 2020 as a rival to OnlyFans — but without the nudity
The 22-year-old is now a multimillionaire after selling the platform for $65 million last year, according to Crunchbase
Fanfix provides a space for social media stars and influencers who don’t want to be associated with explicit content to monetize “clean, exclusive behind-the-scenes clips”
Gestetner recently told Insider that he recognized the need for a new platform after realizing that most of the creators on OnlyFans “for the most part don’t actually show nudity – but they are associated with the extreme pornography going on” and thus “losing out on brand deals”. ‘
He teamed up with co-founder Simon Pompan whom he met while attending Harvard-Westlake School in Los Angeles, California.
The duo raised $1.3 million from the venture capital firms to kickstart the Fanfix platform, with former Vine star Cameron Dallas also joining the venture.
Since then it has gone from strength to strength and in April it was reported that Fanfix had over 10 million users worldwide.
The brand revealed it had 3,000 creators earning an average annual income of $70,000 — and it estimated it would have paid its creators $50 million by the end of 2023.
But to become a creator on Fanfix, users must have a minimum of 10,000 followers on their social media platforms to be eligible.
Gestetner, who remains the company’s CEO, also hit rival platforms after telling the publication that Patreon was an “outdated, bulky desktop platform aimed at our parents’ generation,” describing OnlyFans as a “porn site” with a “massive stigma around it.”
The entrepreneur said of Fanfix’s content: ‘We allow what is the societal norm, and we don’t venture into the more explicit areas. The most lewd things on our platform will be similar to the most lewd things on TikTok or Instagram.”
Following its increasing success, Fanfix was sold by the founders to SuperOrdinary in an eight-figure deal. Pictured (left to right): founders Cameron Dallas, Harry Gestetner and Simon Pompan
The brand revealed that it had 3,000 makers who earned an average annual income of $70,000. It estimated it would have paid the creators $50 million by the end of 2023
Fanfix, which charges a 20 percent commission on creators’ earnings, continues to be successful, now hiring more than 50 employees, mostly in their 20s.
Following its increasing success, Gestetner, who grew up in London, and his two partners sold the company to SuperOrdinary in an eight-figure deal.
Nasteller believes that Fanfix could “eclipse” OnlyFans in a few years, but admits this is an ambition rather than a projection.
And his own Instagram page is now flooded with a slew of snapshots from his travels to the Bahamas, Las Vegas and Mykonos – just to name a few.