OnlyFans Founder Among Latest TikTok Bidders
variety.comTodd Spangler NY Digital Editor As the deadline nears for TikTok‘s Chinese parent to cut a deal to divest controlling ownership of the app or face a U.S.
ban, new bidders are coming out of the woodwork. Among the interested investors in TikTok is Tim Stokely, founder of OnlyFans — the opt-in social media platform known for hosting sexually explicit content.
Stokely, who founded OnlyFans in 2016, left the company in 2021. Stokely’s new social media startup Zoop, which says it “rewards both creators and their community members for their engagement,” teamed with the Hbar Foundation, which manages the Hedera cryptocurrency network, on a joint bid for TikTok, per Reuters.
In addition, Amazon submitted a last-minute offer to buy TikTok in an offer letter addressed to Vice President JD Vance and Commerce Secretary Howard Lutnick, the New York Times reported.
Read more on variety.com
