Proof of Usefulness Report

Statsig

Analysis completed on 2/2/2026

+760
Proof of Usefulness Score
Unicorn Utility

Statsig is a verified 'unicorn' status experimentation platform (Series C, ~$1.1B valuation, recently acquired by OpenAI). The project demonstrates exceptional real-world utility, serving enterprise giants (Microsoft, Figma, Notion) and impacting billions of end-users. While the submission form itself was completed with minimal effort (e.g., vague 'everyone' reach, broken email format), the underlying technology and market position are elite. The score reflects the massive scale and proven traction of the company, adjusted slightly downward for the poor quality of the specific submission text.

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Score Breakdown

Real World Utility+237.5
Audience Reach Impact+180
Technical Innovation+135
Evidence Of Traction+250
Market Timing Relevance+90
Functional Completeness+2.5
Subtotal+895
Usefulness Multiplierx0.85
Final Score+760

Project Details

Project URL
http://www.statsig.com
Description
Statsig is the leading product experimentation platform that helps businesses use data to ship fast and build better products. Companies like Microsoft, Figma, Notion, Flipkart, Eventbrite, Ancestry, Headspace, and Univision use Statsig to manage feature rollouts, automate experiments, and make decisions based on performance metrics. Founded in 2021 by former Facebook engineers, Statsig supports thousands of experiments impacting over a billion end users globally. Statsig democratizes experimentation, an essential aspect of reducing development risk, and previously only accessible to big tech companies.

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