Aave Founder jokes about Buying a16z, Right After Twitter Reverses his Suspension

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Key Takeaways:

  • Stani Kulechov was earlier suspended for making a tweet claiming to be the  interim CEO of Twitter.
  • His joke antics were welcomed with mixed response by his followers
  • In his ‘joke’ tweet, he also set an agenda for a16z

Stani Kulechov, the chief executive of the decentralised finance platform Aave took to Twitter to announce that he has bought a16z. His tweet reads,” BREAKING: I bought @a16z”.The tweet was seen as a dig at Twitter for suspending him before over a “misleading” tweet claiming to have been named as the interim CEO of Twitter.

Stani’s a16z announcement comes less than 24 hours after Twitter reversed his suspension. His suspension also drew ire from venture capitalists, including Chris Dixon, head of crypto at a16z. Chris tweeted: “Stani is an entrepreneur who created a Twitter competitor. He got banned yesterday from Twitter for making what was obviously a joke.” The crypto executive’s account was later reactivated following a ban that lasted more than 15 hours.

Kulochev also, in his tweet, further thanked @cdzionfor bringing him into a16z. He also used the microblogging platform to announce his agenda to set the new investment thesis. Kulechov, in his tweet, further made a 4 point-agenda for the investment thesis. His tweet reads,” Every deck needs to have a gradient, Based Teams only, Discord is a must, Play2earn”.

His tweets embroiled in a sarcastic tone have left his followers in a frenzy. Many were supportive and enjoyed Stani’s gimmicks and commented, “Stani Kulechov is my spirit animal.” Some fans who seemed tired of his antics commented, “Not so funny anymore, move on.”

He runs a competing social media platform to Twitter, which accepted a $44 billion takeover offer from Elon Musk on Monday(25th April). The founder of the leading DeFi lending platform, who has over 170,000 followers on Twitter, had earlier hit back against his suspension. 

“Musk has claimed that he believes Twitter should be an unregulated global town hall, and Twitter has long prided themselves on being the arbiters of public conversation. But if that was really the case, then the digital town hall would be owned by the public also, not just hosted by a centralized force that could close their doors to people at their choosing”, said Kulechov.

He further argued that the action of “removing a profile and a following that one has spent years building” — had inspired Aave to launch its very own decentralized social media ecosystem in February, dubbed Lens Protocol. 


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Saniya Raahath
Saniya Raahath

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