Tim and Yanely chat about Twitter going private and what that means for the future of the company. Why did Elon Musk buy Twitter? Did he pay for it all himself? How does this change things at the company on a day-to-day level? Tune in below to find out:

This quick discussion explores questions like:

1) What happens to the board of directors when a company goes private after being a publicly traded company?

and

2) Will there be less public pressure on Twitter now that it is no longer trading on stock exchanges?

Resources:

Explained: Elon Musk is taking Twitter private, what this means for the company, employees and shareholders

How Twitter Will Change as a Private Company

About the Authors

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

Yanely Espinal

Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her 10 nieces and nephews!