In a improvement that may shock few, former WeWork CEO Adam Neumann’s local weather/crypto/carbon-credit startup Flowcarbon seems to be within the strategy of curling as much as die, Forbes reported right this moment.
Patrons of the outfit’s “Goddess Nature Token,” pitched as step one in placing carbon credit on the blockchain, have reportedly been contacted about receiving refunds over the past month, however they have to first signal a confidentiality settlement and launch of claims in opposition to Flowcarbon. The corporate instructed Forbes this was “well-known” that it has been providing refunds, citing carbon credit score market situations for the operational delay.
It’s not clear what, if something, the corporate has achieved because it was based in 2022, or if Neumann faithfuls like a16z can even be getting a reimbursement.
Flowcarbon is distinct from Neumann’s residential actual property firm, Move, which a16z has additionally funded.
