Proof of Usefulness Report

Cvent

Analysis completed on 2/6/2026

+623
Proof of Usefulness Score
Category Standard

The project represents 'Cvent', a verified market leader in event technology with significant scale (10,000+ employees). However, the submission quality is extremely poor, containing inaccurate financial data (citing $300M market cap vs actual ~$4.6B acquisition value), vague descriptions, and hyperbolic claims ('everyone', 'most people'). Despite the low-effort submission, the 'Proof of Usefulness' is high due to verifiable public traction, domain ownership verification (@cvent.com), and established market dominance. The score reflects the entity's actual utility and scale, heavily penalized by the 'Response Quality' and 'Innovation' metrics due to lack of evidence in the input.

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Score Breakdown

Real World Utility+180.0
Audience Reach Impact+200.0
Technical Innovation+37.5
Evidence Of Traction+180.0
Market Timing Relevance+56.0
Functional Completeness+2.5
Subtotal+656
Usefulness Multiplierx0.95
Final Score+623

Project Details

Project URL
Description
June 2019: Cvent acquires DoubleDutch https://www.cvent.com/en/press-release/cvent-acquires-doubledutch-accelerate-its-investment-mobile-event-technology

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