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Interesting article by Techcrunch
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Startups put great effort into finding the perfect name. Ideally, it should be short, memorable, descriptive, and easy to pronounce.
Names that meet all the criteria are commonly taken, however, so most founders find a compromise. They settle on a creative misspelling, add a word or just string together sounds they like. In the end, the hope is that a well-named startup will have an easier time attracting customers and capital.
Observing companies founded and funded in the past couple years, itβs apparent that startups are often thinking along the same lines when it comes to choosing a name. Theyβre making reference to hot technologies like AI, opting for two- or three-word names, or simply making up words.
βWeβre surprised at how many names we can make up that sound like they should be in the dictionary, even if theyβre not,β says Athol Foden, founder of Brighter Naming, a corporate naming consultancy. Heβs also impressed by how many really good names come out of creative combinations of common nouns and verbs.
We crunched through names of more than 1,000 startups founded in the past two years to look for trends. We narrowed the query to startups that have raised $200,000 or more in an effort to focus on names of companies that secured investment.
Here is a rundown on some of the recent trends:
Read full article here
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Startups put great effort into finding the perfect name. Ideally, it should be short, memorable, descriptive, and easy to pronounce.
Names that meet all the criteria are commonly taken, however, so most founders find a compromise. They settle on a creative misspelling, add a word or just string together sounds they like. In the end, the hope is that a well-named startup will have an easier time attracting customers and capital.
Observing companies founded and funded in the past couple years, itβs apparent that startups are often thinking along the same lines when it comes to choosing a name. Theyβre making reference to hot technologies like AI, opting for two- or three-word names, or simply making up words.
βWeβre surprised at how many names we can make up that sound like they should be in the dictionary, even if theyβre not,β says Athol Foden, founder of Brighter Naming, a corporate naming consultancy. Heβs also impressed by how many really good names come out of creative combinations of common nouns and verbs.
We crunched through names of more than 1,000 startups founded in the past two years to look for trends. We narrowed the query to startups that have raised $200,000 or more in an effort to focus on names of companies that secured investment.
Here is a rundown on some of the recent trends:
Read full article here