Proof of Usefulness Report

Freigeist

Analysis completed on 2/10/2026

+25
Proof of Usefulness Score
You're In Business

The submission describes Freigeist Capital, a legitimate and reputable European Venture Capital firm, but contains significant data inconsistencies. The project name 'DeepShade' appears to be an error or unrelated to the firm's known activities, and no public record connects this name to Freigeist. Additionally, the reported metrics (e.g., 'marketcap: 2500000' and '350' team size) contradict the typical profile of the VC firm (which has a smaller core team and significantly higher assets under management). The claims of traction ('most people have used my product') likely refer to portfolio exits like Wunderlist but are presented ambiguously. The score is heavily penalized for these submission errors and the lack of a coherent, verifiable specific project.

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+7.5
Audience Reach Impact+5.0
Technical Innovation+1.5
Evidence Of Traction+5.0
Market Timing Relevance+3.0
Functional Completeness+0.25
Subtotal+22.25
Usefulness Multiplierx1.12
Final Score+25

Project Details

Project URL
freigeist.com
Description
Freigeist Capital is a privately-owned investment fund working with visionary founders to build disruptive technology companies. 🤝 The firm is best known for its seed investments in Lilium, RobCo, Kraftblock, Xentral and Endurosat. Notable exits include Wunderlist (acquired by Microsoft), MyTaxi (acquired by Daimler) and kaufDA (acquired by Springer). Freigeist’s team of experienced founders consists of Frank Thelen, Marc Sieberger, Alex Koch, Marcel Vogler, Niklas Hebborn and Domenico Cipolla. The firm specializes in identifying and backing extraordinary founders at an early stage, often before their companies have even been founded. At Freigeist, we believe startups are a key driver of innovation and progress. Ultimately, startups improve the quality and sustainability of our lives. In our 25 years of founding and supporting startups, we have been through the highest highs and lowest lows. Building a company is a tough challenge, but we can’t think of a better way to spend our professional lives.

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