Proof of Usefulness Report

myHQ

Analysis completed on 1/26/2026

+535
Proof of Usefulness Score
Industry Mainstay

myHQ is a verifiable success in the Indian flexible workspace market, evidenced by its acquisition by ANAROCK in 2022 and significant footprint (700+ spaces, $6M+ estimated revenue). However, the specific project submission provided was of low quality, featuring vague claims ('everyone' as audience) and lazy data entries ('most people have used my product'). The high score reflects the verified real-world utility and traction of the business, penalized significantly by the poor quality of the submission and lack of technical detail provided.

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+212.5
Audience Reach Impact+120.0
Technical Innovation+30.0
Evidence Of Traction+180.0
Market Timing Relevance+90.0
Functional Completeness+10.0
Subtotal+642.5
Usefulness Multiplierx0.83
Final Score+535

Project Details

Project URL
myhq.in
Description
myHQ is India’s largest flexible workspace solutions platform. Founded in 2016 by IIT Delhi graduates, their mission is to empower today’s workforce with freedom and flexibility to work in any-way \u0026 from any-where by providing technology driven innovative workspace solutions. Currently present across 10+ cities with a footprint of 700+ spaces, they have helped over 100,000 individuals \u0026 teams in having more productive days at work. \n\nRecently, ANAROCK, one of India’s biggest and most trusted real estate services businesses, has come on board as a major investor to help spearhead myHQ’s growth across the country and help it tap into its corporate clientele.\n \nIf you're looking to work in a flexible environment on a killer business idea with a fabulous team with a spirit of fun and mischief! Come Join Us - Let's get started :D

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