Social Currency with Sammi Cohen

While tech investors chased ad-based creator platforms, OnlyFans did the opposite—and made billions. Today, Sammi unpacks the counterintuitive decisions that turned OnlyFans into a cultural lightning rod and a creator-economy juggernaut. From dodging the App Store tax and outsourcing discovery to TikTok, to the economics of fan intimacy and the infamous adult-content ban, Sammi explains why OnlyFans works and what makes it nearly impossible to replicate. Plus: can the platform really expand beyond adult content, or is that a recipe for failure? Follow Sammi on Instagram  Subscribe to the Social Currency newsletter  00:00 The Business Model of OnlyFans  01:01 The Founding and Growth of OnlyFans  01:53 Avoiding the App Store  02:48 Creator-Led Growth Strategy  05:10 Monetization Beyond Subscriptions  06:26 The 2021 Adult Content Ban  07:39 Leadership and Risk Management  08:11 Expanding Beyond Adult Content  10:13 The Future of OnlyFans  10:52 How to Show Social Currency Some Love  Learn more about your ad choices. Visit megaphone.fm/adchoices

Jenn Hyman built Rent the Runway on a contrarian insight back in 2009: women were already “renting” their clothes—borrowing from friends, cycling through fast fashion, and returning special-occasion outfits with the tags still on. Today, Jenn shares how she turned that overlooked behavior into one of the most influential fashion-tech companies of the last decade, why social media made outfit repetition feel impossible, and what fast fashion still gets wrong about how women actually shop. Jenn also goes where most founders won’t; she tells Sammi about becoming one of the few women to ever take a consumer startup public—and the first to IPO with an all-female C-suite—only to watch the market flip weeks later and the stock fall more than 98% from its peak. She breaks down what the stock price does (and doesn’t) say about the business, the realities of life as a public-company CEO, the recent recapitalization that strengthened Rent the Runway’s balance sheet and pushed it toward free cash flow breakeven, and how competition from players like Nuuly is reshaping the rental landscape. Plus, they unpack the wild downfall of CaaStle, a would-be Rent the Runway copycat—and Jenn’s response is JUICY. Follow Sammi on Instagram  Subscribe to the Social Currency newsletter  Follow Jenn’s work Learn more about Rent the Runway Here’s what Sammi covers with Jenn: 00:00 Jenn Hyman’s Social Currency 04:07 Early Days of RTR 09:16 The Role of Social Media 11:18 Building a Resilient Team 16:19 The IPO Experience 21:22 Navigating Public Market Challenges 31:32 The Irony of Entrepreneurial Ego 32:25 Navigating Rent the Runway's Rollercoaster 34:49 The Future of Rental Economics 35:06 Rent the Runway's Marketing Mastery 39:00 Pricing Strategies and Customer Insights 40:38 Competitors and Market Shifts 47:31 The CaaStle Fraud Scandal 54:41 Social Currency Corner Learn more about your ad choices. Visit megaphone.fm/adchoices

Most people think restaurant reservations are about demand. They’re not. Today, Sammi breaks down the quiet power struggle happening behind your hardest-to-get dinner reservations — and why credit card companies, not restaurants, increasingly call the shots. From OpenTable’s early dominance to Resy’s cultural takeover and American Express acquisition, Sammi explains how reservations became a tool for loyalty, data, and consumer control. Once you see how the reservation system really works, you’ll never look at “fully booked” the same way again. Follow Sammi on Instagram  Subscribe to the Social Currency newsletter  Here’s what Sammi covers today: 00:00 The Hidden Controllers of Restaurant Reservations 01:33 The Rise of OpenTable 03:14 Resy's Disruption 05:14 The Credit Card Wars: Amex vs. Visa 06:55 DoorDash Enters the Arena 08:22 The Bigger Picture: Control and Influence 09:03 Next Episode Teaser Learn more about your ad choices. Visit megaphone.fm/adchoices

Building a business in public is hard. Building one when people already think they know you? Even harder. Today, Sammi sits down with actor and founder Rebecca Rittenhouse to talk about reinvention—on her own terms. Rebecca shares how she went from studying business at UPenn to taking a sharp left turn into acting, landing her breakout role on The Mindy Project, and ultimately channeling those skills into launching her clean, brow-focused beauty brand, Privet Beauty. Instead of launching with a sprawling product line or celebrity hype, she built Privet around a single hero product—bootstrapped, independently owned, and deeply hands-on at every step, from formulation with Korean chemists to brand storytelling. Rebecca opens up about the identity shift from actor to founder, how skills from acting translated into entrepreneurship, and why she chose independence over outside funding.  Sammi and Rebecca also get into launching a brand with focus instead of scale, balancing two demanding careers at once, building a personal brand without losing yourself in it, and the scrappy, low-cost marketing moves that actually move the needle.  Follow Sammi on Instagram  Subscribe to the Social Currency newsletter  Follow Rebecca on Instagram Check out Privet Beauty online and on Shopbop Here’s what Sammi covers with Rebecca: 00:00 Rebecca Rittenhouse’s Social Currency 03:25 Business at UPenn  05:51Choosing Acting Over Business  09:32 Early Acting Experiences and Challenges  11:54 Breakthrough Role on The Mindy Project  14:43 Launching Privet Beauty 16:59 The Importance of Eyebrows in Beauty  24:29 Marketing and Personal Branding  29:31 Substack and Personal Branding  30:49 Dealing with Self-Doubt and Inner Criticism  32:51 Building a Team   35:58 The Challenges of Bootstrapping a Business  43:15 Managing Time and Staying Organized  46:35 Making Decisions and Handling Emotions  52:32 Marketing Strategies for a New Business  55:45 How to Show Social Currency Some Love  Learn more about your ad choices. Visit megaphone.fm/adchoices

2025 was a transformative year. In this episode, Sammi shares the biggest lessons she’s internalized since launching her podcast this spring. She leaves no stone unturned and recounts her biggest milestones, mindset shifts, and the challenges she faced while building her business. From beginning her year at Amazon to creating her podcast studio and launching 'Social Currency,' Sammi details her leaps of faith and the importance of having a strong personal brand… and gets a little emotional in the process. If you’re thinking of making your side-hustle your main-hustle in 2026, this episode is a must-listen. Follow Sammi on Instagram  Subscribe to the Social Currency newsletter  Here’s what Sammi covers today: 00:00 2025 Year in Review 01:55 Deciding to Launch Social Currency 04:21 The LA Fires and Building the Podcast Studio 05:34 Launching the Podcast and Leaving Amazon 06:04 Growing the Business and Revenue Streams 09:33 Mindset Shifts for Success 11:53 Visualization and Outsourcing 14:46 Overcoming Comparison and Planning for the Future 17:02 What Sammi’s Thankful For 18:50 How to Support Social Currency Learn more about your ad choices. Visit megaphone.fm/adchoices