NEW YORK ( TheStreet) -- Twitter's tweet about its expected initial public offering shook up Twitter late Thursday afternoon. But the company's 140-character admission of what many Silicon Valley VCs and the markets have been craving for months wasn't timed to coincide with Facebook's ( FB) resurgence in its stock, as some market pundits speculated. It was likely timed to make the most of the Jobs Act, and to provide Twitter as much privacy and time as it needs pre-IPO. The Jobs Act only applies to companies with revenues under $1 billion.
And it isn't just Facebook that served as a good, and bad, example for Twitter. The public pain of Groupon ( GRPN)-- and the public ousting of CEO Andew Mason by his directors after more than a year of rudderless leadership -- is another example of what Dick Costolo and Twitter must want to avoid. Groupon's many trip-ups as it went through the standard process of the IPO, pre-Jobs Act, were embarrassing to Mason and distracted from any positive hype the online coupon company could generate. Just like Facebook, Groupon's IPO underperformed out of the gate.