Proof of Usefulness Report

Coda

Analysis completed on 1/18/2026

+651
Proof of Usefulness Score
Category Standard

Coda is a verified 'Unicorn' ($1.4B+ valuation) and a market leader in the document/no-code space. While the submission itself was low-effort (e.g., pseudonym 'ShadowHunter', vague claims like 'everyone'), external verification confirms exceptional traction, massive reach, and high utility. The project scores significantly above the 'Comparable scale' benchmark due to its proven enterprise adoption and recent acquisition news (Grammarly).

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Score Breakdown

Real World Utility+183
Audience Reach Impact+133
Technical Innovation+81
Evidence Of Traction+183
Market Timing Relevance+54
Functional Completeness+2
Subtotal+638
Usefulness Multiplierx1.02
Final Score+651

Project Details

Project URL
Description
Coda is a new type of doc that blends the flexibility of documents, the power of spreadsheets, and the utility of applications into a single new canvas. That’s Coda. It lets non-technical and technical folks alike make a doc as powerful as an app.
Audience Reach
everyone
Target Users
everyone
Technologies
Energy Solutions, Messaging Communications, Developer Tools
Traction Evidence
most people have used my product

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
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