Sriram Krishnan, General Partner at the popular venture capital firm Andreessen Horowitz (a16z), has announced that he would help Elon Musk, the CEO of Tesla, with revamping the social networking platform Twitter.

Musk is now the sole director of the social media giant and has let go of former executives, including Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban, Fei-Fei Li and Mimi Alemayehou, as per a filing with the SEC.

"Now that the word is out: I'm helping out @elonmusk with Twitter temporarily with some other great people. I (and a16z) believe this is a hugely important company and can have a great impact on the world and Elon is the person to make it happen," Krishnan said in a Twitter post Monday.

The Indian techie revealed that he will continue to work his normal day job at a16z and that the executives of crypto firms can reach out to him if they need any assistance. However, Krishnan is not alone, as there is a whole team assigned to the task of revamping Twitter.

According to a report from The New York Times, Krishnan and his wife, Aarthi Ramamurthy, first contacted Musk via text earlier this year to invite him as a guest on a podcast, the GoodTime Show, that the couple hosted. The couple was able to invite Musk, a supporter of the world's biggest meme coin, Dogecoin (DOGE), with a mere text.

Interestingly, as per CoinMarketCap, the price of the DOGE token has jumped 111.23% in the last seven days, and as of 8:45 pm ET Monday, the price of the leading meme coin stood at $0.1269.

Recently, Musk revealed that Tesla had sold close to 75% of its Bitcoin (BTC) holdings while it was still in control of its DOGE holdings.

Twitter has not changed its content moderation policies -- yet, the company's new boss, Elon Musk, says