Proof of Usefulness Report

Wedid Ventures

Analysis completed on 2/17/2026

+42
Proof of Usefulness Score
You're In Business

Wedid Ventures is a legitimate but small venture builder based in Spain (founded 2019), focusing on digital businesses and diversity. However, the submission quality is extremely low, containing hyperbolic falsehoods (e.g., 'most people have used my product') and vague data (Technology: 'Internet', Reach: 'everyone'). External verification confirms the entity exists with a small team (~10 employees, not 30) and limited public deal flow (1 confirmed investment in PitchBook). The '500,000 marketcap' figure is ambiguous and likely refers to capital rather than revenue. The project lacks the verifiable traction or technical depth to score higher.

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Score Breakdown

Real World Utility+60
Real World Utility Quality+0.5
Audience Reach Impact+20
Audience Reach Impact Quality+0.5
Technical Innovation+10
Technical Innovation Quality+0.5
Evidence Of Traction+30
Evidence Of Traction Quality+0.5
Market Timing Relevance+50
Market Timing Relevance Quality+1
Functional Completeness+10
Response Quality Quality+0.5
Subtotal+19.25
Usefulness Multiplierx1.1
Final Score+21

Project Details

Description
We build, growth and invest in partnership with business men and women, entrepreneurs with experience, to build and scale disruptive companies that transform their industry. Wedid is the space where builders around the world team to build and scale digital business, with the objective to make the Internet a better place where women and men have the same opportunities. From Wedid we actively work to eliminate the barriers that women are facing in the entrepreneur ecosystem. We believe that we are doing better what we do because we are an open-access platform where a lot of diverse people from the digital ecosystem meet to align and combine their experience, network and knowledge, to share their passion - create and scale startups. If you want to build, re-shape, scale, venture or invest with us… Or if you want advice, learn, enhance your network, and find opportunities in a women friendly ecosystem… …you can join us in: https://wedidventures.com/community

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