Proof of Usefulness Report

Cadian Capital Management

Analysis completed on 1/24/2026

+32
Proof of Usefulness Score
You're In Business

The project represents Cadian Capital Management, a legitimate and established hedge fund with approximately $2B-$3.3B in Assets Under Management (AUM). However, the submission itself is of extremely poor quality and contains demonstrably false claims. The applicant claims an audience reach of 'everyone' and traction of 'most people have used my product', which contradicts the niche, institutional nature of a hedge fund (approx. 9 pooled investment clients). While the underlying entity has significant financial impact, the submission fails to accurately represent it, resulting in a low score driven by the Quality Factor penalties for inaccuracy and lack of evidence.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+9.38
Audience Reach Impact+6.00
Technical Innovation+1.50
Evidence Of Traction+11.25
Market Timing Relevance+2.00
Functional Completeness+0.00
Subtotal+30.13
Usefulness Multiplierx1.06
Final Score+32

Project Details

Project URL
Description
Cadian is the manager for an equity long/short investment strategy which is focused on the technology, consumer, media, telecommunications, healthcare and other related sectors.

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline