# @rish_neynar: Neynar seeking new team to run Farcaster, Clanker, and Neynar

Source: https://x.com/rish_neynar/status/2089417144861688052?s=46

## Summary

Neynar is seeking a new team to take over running Farcaster, Clanker, and Neynar, citing a shift in what the products now need and saying it is no longer the right fit. The company says it has started talks with a few teams it thinks could run decentralized social apps and related developer products, and it invites interested parties to reach out. Neynar will return its balance sheet, most of which remains, and its team members will move on to other work. The post says the decision was not made lightly and expresses optimism that Farcaster will find its long-term fit under the next iteration.

## Article

update on @farcaster_xyz, @clanker_world and @neynarxyz  

we’ve started a process to look for a new home / team to run the products going forward. 

earlier this year, this seemed to be a good fit for our team: it was a developer-first network, and we'd been serving developers from the start. There’s been a lot of change since then and we’re not the right fit for what’s needed next. 

talking to a few teams we think could be a good fit for running decentralized social apps and related developer products. If you’ve thoughts / are interested, reach out.   

our company will return its balance sheet (most of it remains) and team members will move on to something new. 

this is not a decision we made lightly. I’m optimistic that with this next iteration, Farcaster will find its long term fit. 

it’s loved enough that it’s unlikely to simply perish - thanks to all of you, and lindy-ness.