Twitter has officially filed an S-1 with the SEC, signaling its intentions to go public in the foreseeable future. There was plenty of talk in 2011 that social media was forming a bubble, particularly after the failed IPOs of Groupon and Zynga. It's also now been over a year since Facebook's (NASDAQ:FB) controversial IPO, but the storyline has dramatically changed since then.

The dominant social network has proved that mobile advertising in social media can be quite a powerful business, and Facebook has recently overcome the overhang of its IPO. That makes it the perfect time for Twitter to follow suit with an IPO of its own.

In the following video, Chris Hill discusses Twitter's IPO with Evan Niu, CFA, and Jamal Carnette.

Chris Hill, Evan Niu, CFA, and Jamal Carnette have no position in any stocks mentioned. The Motley Fool recommends and owns shares of Facebook. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.