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Re:Ask HN: How does onlyfans.com work around the “no porn” S... by Le0n_ on Thursday August 27, 2020 @08:30PM (#24300243)
I think you're misinterpreting the scale of Wellsfargo. The CEO probably doesn't even know what onlyfans is, and they manage almost 2 trillion dollars.
Re:Ask HN: How does onlyfans.com work around the “no porn” S... by thrwn_frthr_awy on Thursday August 27, 2020 @08:52PM (#24300344)
The CEO knows their business model; it's to scratch out every last penny they can, however they can, just to fulfill some quarterly earnings report. Almost every public company is now a growth company, so it doesn't matter how much they already profit–what matters is that they profit more in the next 90 days. He/She doesn't need/care to know about onlyfans–they simply care about hitting their targets.
Re:Ask HN: How does onlyfans.com work around the “no porn” S... by DaiPlusPlus on Thursday August 27, 2020 @10:04PM (#24300707)
...so why would they want to leave money on the table by forcing Stripe to ditch a clearly profitable client company?
Re:Ask HN: How does onlyfans.com work around the “no porn” S... by jcranmer on Thursday August 27, 2020 @10:54PM (#24300950)
Reputational risk. Some journalist gets wind of an ad on Youtube that's playing for a neo-Nazi video, it gets written up as "$COMPANY is supporting Nazis!" despite the fact that it's largely out of the control of $COMPANY, several companies collectively freak out and pull advertising money, and everyone goes hunting for where their pipelines might lead to similar pearl-clutching associations and PR disasters.
Re:Ask HN: How does onlyfans.com work around the “no porn” S... by DaiPlusPlus on Thursday August 27, 2020 @11:03PM (#24300979)
But that doesn't explain the documented unethical - if not illegal - conduct of Wells Fargo overall. Otherwise they'd be more like the Disney Co.
Re:Ask HN: How does onlyfans.com work around the “no porn” S... by sky_rw on Thursday August 27, 2020 @10:56PM (#24300952)
I think you are underestimating the scale of operation choke point.