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TEXXR

Chronicles

The story behind the story

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Adam Neumann's Flowcarbon and some other startups offering cryptocurrencies backed by carbon-offset credits have slowed product rollouts amid the crypto crash

Investors rushed to startups offering cryptocurrencies backed by carbon-offset credits, then the markets tanked

Wall Street Journal

Discussion

  • @coinbureau @coinbureau on x
    Not all bear market casualties are mourned... https://www.wsj.com/...
  • @wsj @wsj on x
    Investors rushed to startups offering cryptocurrencies backed by carbon-offset credits. Then the markets tanked. https://www.wsj.com/...
  • @smdiehl Stephen Diehl on x
    Unscalable business model does not scale. Round Two. https://www.wsj.com/...
  • @donnaredel Donna Redel on x
    At least we were “saved” from anyone buying into this .... https://www.wsj.com/...
  • @pt @pt on x
    Why save the planet in a bear market and have to live in it poor? https://twitter.com/...
  • @natbaker Nathaniel E. Baker on x
    Maybe the most remarkable thing here is that Neumann can continue to raise VC cash https://www.wsj.com/...
  • @mayazi Maya Zehavi on x
    The goddess is on hold till retail come back for the dump. The climate consciousness is never on hold, just busy jet setting for the summer. https://www.wsj.com/...
  • @pt @pt on x
    I'm a little bit bummed Goddess Nature Token wasn't the peak. That would've been sweet.
  • @pefrase Peter Frase on x
    Nothing says “late stage bubble” like the CEO of an infamous failure getting funding for a comeback that's just a scam (crypto) duct-taped to another scam (carbon credits) https://www.wsj.com/...
  • @smtuffy Sean Tuffy on x
    You hate to see it ... https://www.wsj.com/...