Silicon Valley’s elephant in the room, the massive venture capital firm #AndreessenHorowitz (also known as #a16z), is lending a helping hand to #Twitter’s new overlord #ElonMusk https://decrypt.co/113165/elon-musk-twitter-dogecoin-bluesky-and-the-decentralized-social-media-race.

Sriram Krishnan, a general partner at #a16z focused on #crypto, shared a photo from #Twitter’s San Francisco office on Sunday afternoon with a note that he is “helping out Elon Musk with Twitter temporarily with some other great people.”

“I (and #a16z) believe this is a hugely important company and can have great impact on the world and #Elon is the person to make it happen,” Krishnan added.

#Andreessen Horowitz’s interest in #Twitter makes sense considering its bullishness in #Web3 which is often defined as the next iteration of the internet where users can own #digital assets, use #crypto, and even potentially regain control over their own #data.

Back in May, a16z had over $7.6 billion invested in crypto and blockchain-related projects. https://decrypt.co/101321/andreessen-horowitz-announces-new-4-5-billion-crypto-fund