Proof of Usefulness Report

Gigwell (YC W16)

Analysis completed on 1/22/2026

+86
Proof of Usefulness Score
You're In Business

Gigwell is a legitimate, high-traction Y Combinator (W16) company with over $1.7M estimated revenue and $5B+ in verified bookings processed. However, the submission quality is extremely poor, featuring lazy, inaccurate claims (e.g., Reach: 'everyone', Traction: 'most people'). While the project's real-world utility and verified market presence are strong, the score is heavily penalized by the lack of direct evidence provided in the submission and the use of filler text.

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+23.75
Audience Reach Impact+7.5
Technical Innovation+9.75
Evidence Of Traction+22.5
Market Timing Relevance+8.5
Functional Completeness+0.25
Subtotal+72.25
Usefulness Multiplierx1.19
Final Score+86

Project Details

Project URL
gigwell.com
Description
Gigwell is a platform that streamlines the booking and management process for live events and entertainment professionals. Founded as part of Y Combinator's Winter 2016 batch, Gigwell offers a comprehensive suite of tools designed to simplify the workflow for booking agents, managers, and artists. The platform provides features such as contract management, payment processing, and tour planning, all integrated into a user-friendly interface. By leveraging technology, Gigwell aims to reduce the complexities involved in organizing live performances, making it easier for industry professionals to focus on delivering exceptional experiences.

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