Proof of Usefulness Report

Simply Wall St

Analysis completed on 1/30/2026

+646
Proof of Usefulness Score
Category Standard

Simply Wall St is a highly successful, established fintech platform (founded 2014) with over 7 million registered users and estimated annual revenue exceeding $5M. The project demonstrates exceptional Real-World Utility and Market Fit by simplifying complex stock data for retail investors using its unique 'Snowflake' visualization. However, the submission itself was of mixed quality; while the description was accurate, the fields for Audience Reach ('everyone') and Traction ('most people') contained vague hyperboles. The score reflects the verifiable high status of the business (strong fundamentals), penalized moderately by the lack of specific evidence provided in the submission text.

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Score Breakdown

Real World Utility+230.0
Audience Reach Impact+108.0
Technical Innovation+76.5
Evidence Of Traction+142.5
Market Timing Relevance+90.0
Functional Completeness+10.0
Subtotal+657
Usefulness Multiplierx0.98
Final Score+646

Project Details

Project URL
Description
Simply Wall St is a financial technology company that provides investors with tools and insights to make informed decisions about the stock market. Through its platform, Simply Wall St offers visualized data and analysis on stocks, helping users understand complex financial information in a more accessible and engaging way. The company focuses on simplifying the investment process by offering detailed reports, stock analysis, and portfolio management tools. Simply Wall St aims to empower individual investors by providing them with the resources needed to make smarter investment choices.

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