The rise of digital technology and the emergence of social media platforms have resulted in new forms of data that could play a key role in tackling the challenges of the 21st century, from natural disasters to inequality and terrorism crises, just to name a few. A new report by Stefaan G. Verhulst, a member of CMDS’ advisory board and co-founder and chief research and development officer of The Governance Lab, and Andrew Young, knowledge director at The Governance Lab, examines approaches to extract public value from social media data through so-called data collaboratives.