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Naming Your StartupThe How To Guide Jay Jamison President, Moonshoot jay@moonshoot.com
About Jay Co-Founder & President English learning for children everywhere Venture-backed Launching 2010 Partner, BEMA Studios LLC Social sports betting on the IPhone Launching January 2010
About Jay (pre-start-up) Employee # 17146 PC on every desk, in every home Public, $60B in revenue
Why is naming important? Experience & lessons learned Specific advice & tips Show & tell Not in scope: domain-hunting
Who The F*** Are You?
Names matter It’s all the marketing you’ve got (for now) It sets your position relative to competition  It’s EVERYWHERE you are
Experience & Lessons #1  Lessons CUSTOMERS matter Less is more Have a decider Pass the “Human” test X Removed “.NET”  >1 quarter before RTM
Experience & Lessons # 2  Lessons Learn about naming Use naming process (described herein) Work fast—2-3 hours  Pass the “Human” test
Experience & Lessons # 3  Lessons ,[object Object]
Work fast
Pass the “Human” test,[object Object]
4 Types of Names Source: Igor International
Igor’s Process (Adapted) Analyze competitors’ names Establish your differentiation & positioning Brainstorm potential names Assess names against specific criteria Check GoDaddy.com for availability
Naming Moonshoot
Step 1 : Look at Competitor Types
Step 2:  Our Positioning  Connected to a world beyond the horizon Global Fun Forward-looking & ambitious Human Confident Aspirational  Different
Step 3 : Brainstorm names Leapfrog (reference) LearnNow Cumlaude Global Edge Moonshoot Boost Sunray Camo Orbit Yoko Butterflyeffect … Write them alldown… No matter how stupid they sound
9 factors for scoring names Appearance Distinctive Depth Energy Humanity Positioning Sound “33” Trademark 10 point scale for each category Source: Igor International
Step 4: Score names Source: Igor International
Naming Smackdaddy
Step 1 : Competitor Types
Step 1: Analyze Competitor Names
Step 2:  Our Positioning  Free & fun i.e., NOT betting for real money  Entertainment   Approachable & simple Sports-oriented/ themed Rated PG-13 Mobile
Step 3 : Brainstorm names Berman’s (Named after ESPN host)  Betdom Betspark Betr  Challenger  DaaBears Gamespark Hippo  Mobbetz Mobbet Overxunder ,[object Object]
Smackdown

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Founders Institute Naming Talk January 2010 Final

  • 1. Naming Your StartupThe How To Guide Jay Jamison President, Moonshoot jay@moonshoot.com
  • 2. About Jay Co-Founder & President English learning for children everywhere Venture-backed Launching 2010 Partner, BEMA Studios LLC Social sports betting on the IPhone Launching January 2010
  • 3. About Jay (pre-start-up) Employee # 17146 PC on every desk, in every home Public, $60B in revenue
  • 4. Why is naming important? Experience & lessons learned Specific advice & tips Show & tell Not in scope: domain-hunting
  • 5. Who The F*** Are You?
  • 6. Names matter It’s all the marketing you’ve got (for now) It sets your position relative to competition It’s EVERYWHERE you are
  • 7. Experience & Lessons #1 Lessons CUSTOMERS matter Less is more Have a decider Pass the “Human” test X Removed “.NET” >1 quarter before RTM
  • 8. Experience & Lessons # 2 Lessons Learn about naming Use naming process (described herein) Work fast—2-3 hours Pass the “Human” test
  • 9.
  • 11.
  • 12. 4 Types of Names Source: Igor International
  • 13. Igor’s Process (Adapted) Analyze competitors’ names Establish your differentiation & positioning Brainstorm potential names Assess names against specific criteria Check GoDaddy.com for availability
  • 15. Step 1 : Look at Competitor Types
  • 16. Step 2: Our Positioning Connected to a world beyond the horizon Global Fun Forward-looking & ambitious Human Confident Aspirational Different
  • 17. Step 3 : Brainstorm names Leapfrog (reference) LearnNow Cumlaude Global Edge Moonshoot Boost Sunray Camo Orbit Yoko Butterflyeffect … Write them alldown… No matter how stupid they sound
  • 18. 9 factors for scoring names Appearance Distinctive Depth Energy Humanity Positioning Sound “33” Trademark 10 point scale for each category Source: Igor International
  • 19. Step 4: Score names Source: Igor International
  • 21. Step 1 : Competitor Types
  • 22. Step 1: Analyze Competitor Names
  • 23. Step 2: Our Positioning Free & fun i.e., NOT betting for real money Entertainment Approachable & simple Sports-oriented/ themed Rated PG-13 Mobile
  • 24.
  • 32. Step 4: Score names Source: Igor International