Replication Data for: Quantifying Data Capital in Social Media Clout

The data is from two venture capital groups’ Facebook™ pages between October 1, 2016, and September 30, 2018. One is a private group with 18,946 members that was formed on December 3, 2006 and has 25 moderators. The other is a public group with 11,999 members that was formed on May 10, 2008 with 3 moderators. There was some overlap in membership: 3,952 people participated in both groups. 13,384 and 10,876 people have initial human relations via invitations in the private and public groups, respectively. The average invitation count in the private group was 17.0 per member, with a maximum of 5,124 and a minimum of 2, see Appendix Table 1. The average invitation count in the public group was 6.6 per member, with a maximum of 512 and a minimum of 2. We excluded the moderator with 512 invitations, as this was an outlier. After crawling and scraping the original post, we got two datasets. One consists of 1,419 posts with 600 unique private group’s authors, and the other has 1,409 posts from 502 public group’s authors. The private and public group’s authors’ average contributions are 3.2% (600/18,946) and 4.2% (502/11,999), respectively. A total of 110 people published posts in both groups.