Streak Calculating

So, I posted yesterday morning... no problem.

Less than 24 hours later, I get a warning that I've used my streak grace period.

So, I just posted two private lists to keep my streak going, but I don't think I was "out of compliance."

@paolo, what's the deal?

Thanks!

1. Streak Calculating

So, I posted yesterday morning... no problem. Less than 24 hours later, I get a warning that I've used my streak grace period. So, I just posted two private lists to keep my streak going, but I don't think I was "out of compliance." @paolo what's the deal? Thanks!

2. Private list posting and why

I'm not sure if this is true but it seems logical to me. If you post a public list then anyone can see it. If you post a private list then only people who are invited can see it. That means that if you have an idea for an investment or business or book or whatever and you want feedback from your friends or other people in your network then you would probably put it on a private list before putting it out there for everyone to see. This is probably how many of the biggest businesses were started (Facebook, Twitter, etc). Some guy has an idea and he puts it on his private list and gets feedback from his friends and family. Then he makes the public list once he's ready for more feedback (and potential investors). In fact, when we were raising money for StockPickr back in 2006-7 we did this EXACT same thing with our private lists. We had like 200 people who were interested in investing so we made a "prospectus" (sort of like what companies do when they go public) about StockPickr and posted it on our private lists and got feedback from our investors before making the prospectus public so everyone could read about us.

Here's the prospectus (we called them white papers back then) we sent around to raise money for StockPickr.

3. Why do this?

First off, I love Twitter because of the connection with others but also because of the ideas that flow through there every day. When I first joined Twitter in 2009 there was maybe 100k people on there so all my friends were on there but now there are 2 billion active users so most of my friends are not on there anymore (this is why Facebook keeps sucking me back in). But even though most of my friends are not on Twitter anymore, many of their connections are still active on Twitter so I get exposed to new ideas every day as well as seeing how those ideas develop over time by reading people's newer tweets later.

Here's one recent tweet that sparked me thinking about this very topic.

4. How does this apply to private lists?

For instance, let's say someone writes a great article about Bitcoin and wants feedback from his followers before publishing the article publicly so he puts up the article as a private list and asks his followers their thoughts. Or maybe someone wants to start a new business selling some sort of crypto collectibles or whatever and she posts her idea as a private list asking her followers if they would buy such items if she sold them via blockchain technology using crypto currency tokens or whatever else is required to make such items work properly.

5. What does this mean for me?

I love writing these