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Schumpeter
Nine billion company names
Businesses are coming up with ever-sillier ways to identify themselves
Oct 24th 2015 The Economist
ART HUR C. CLARKE’S “The Nine Billion Names of God” (1953) tells the story of a group of Tibetan monks
who believe that an ethereal “bingo!” moment will arrive when they have discovered all the possible
names for God. They calculate that this will take 15,000 years to complete if they continue with their old-
fashioned method of writing by hand. So they rent a computer to speed things up. The computer duly
gets to work—and when it spits out the final combination of letters the monks get what they wanted:
“without any fuss” the stars begin to go out.
The world may one day discover whether there is a corporate equivalent of that bingo moment when all
the possible names for companies have been tried. The West is creating start-ups at an unprecedented
rate. Emerging-world companies are going global. Established companies are merging to form mind-
boggling combinations: the soon-to-be ABInBev/SABMiller beermoth is rooted in five separate companies,
Anheuser-Busch, Interbrew, AmBev, South African Breweries and Miller Brewing.
Companies are right to devote a lot of effort to thinking up names: they are the best chance of making a
good first impression. Great names such as Google can provide the ultimate bonus of turning into a verb.
Dismal ones like Monday (briefly the name of a consultancy) can cast a pall. But overcrowding is only one
reason why finding a name is becoming more difficult. Globalisation has increased the possibility of giving
offence in one language or another. Copyright law is a pain: companies have to go to great lengths to
make sure that nobody has staked a claim to their favourite names. The biggest culprit is the internet:
companies put a premium on finding convenient “domain names” that direct you to their websites, but
many of the good ones have already been grabbed by name speculators.
The naming business has been shaped by four developments that suffer from the same generic problem:
they briefly expand the number of names available but then succumb to tedium. The first is the fashion
for made-up names that don’t mean anything in any known language but have a vaguely classical ring
(Totvs, a Brazilian software firm, even uses a Latin-looking “v”). The trend probably began with Zeneca
when it separated from ICI, a British chemicals company, in 1993. Two recent additions to the genre are
Mondelez International, maker of Oreo biscuits, formerly part of Kraft, and Engie, the new identity for
French utility GDF Suez. These ersatz names may be mildly preferable to an alphabet soup, but they
actually do the opposite of what they were intended to do: rather than putting a human face on
companies, they emphasise their lack of soul. Diageo imprisons some of the world’s most storied brands
such as Guinness in one of the world’s blandest words.
The tech boom gave the naming industry a boost by introducing a new stream of tech-words: Google got
its name from the mathematical term for ten to the power of 100 (a googol) and Tesla from a unit for
measuring the density of a magnetic flux. But it is also responsible for a lot of tripe. Too many tech
companies are either tediously wacky (Yahoo) or overly familiar (PayPal). Tech fir ms are as plagued by
naming-imitation as by product-imitation: witness the fashion for incorporating “Buzz” in your name (after
BuzzFeed) or the “-ify” suffix (after Spotify).
The third development is the fashion for “creative” names—the nominal equivalent of hipster beards.
These are supposed to be the opposite of generic corporate names: concrete rather than abstract, eye -
catching rather than bland. But, like hip beards, they suffer from the law of diminishing returns. Orange
was probably the last company to get away with calling itself after a fruit. There are now so many
financial-services companies giving themselves “pally” names (Wonga and QuickQuid) that you long for
the good old days when banks called themselves after their founders (Lloyds) or even adopted bland
initials (HSBC).
The most disappointing development has been globalisation. Some rising multinationals have memorable
names that derive from their founding families, such as India’s Mahindra & Mahindra, a vehicle maker.
But globalisation has not brought a naming renaissance. Mark Lee of Watermark & Co, a (cleverly named)
branding consultancy, points out that four of the world’s ten biggest public companies have the word
“China” in their names, such as PetroChina. Latin American companies are heavy on “X”s but light on
inspiration, as in Cemex and Pemex. Brazil’s Eike Batista put an “X” in all his companies’ names to signify
that he would multiply his investors’ capital—but then went bankrupt.
Rathr Xstrme
The result is that companies are resorting to ever more desperate means in order to stand out from the
crowd. They are running words together into a verbal hodgepodge (PingStamp), misspelling familiar
words (Kabbage), or jamming unrelated words together (Digital Marmalade). The most irritating fashion is
for creating names that look like typographic errors: dropping letters in arbitrary ways (Flickr) or adding
ampersands for no apparent reason: poor old Booz & Company, a consultancy, has been taken over and
forced to call itself Strategy&.
In Clarke’s story the computer-programmers devise “suitable circuits to eliminate ridiculous
combinations”. In the world of corporate naming the best defence against absurdity is common sense. We
are still a long way from finding the equivalent of the nine billionth name. There are plenty of good
English ones left: Google came up with the clever name Alphabet for its holding company earlier this year.
And after that there are lots of non-English words that won’t offend anyone. It is also better to be old-
fashioned than absurd: rather Smith & Jones than what looks like a Scrabble spillage. The biggest mistake
is to expect too much. Great companies can survive boring names but even the best names cannot save
dismal companies.
Find the words corresponding to the following definitions:
1. (adjective) lacking material substance: immaterial, intangible.
2. (adjective) mentally or emotionally exciting or overwhelming.
3. (verb) to give over or direct (as time, money, or effort) to a cause, enterprise, or activity.
4. (noun) something that makes things gloomy or depressing.
5. (noun) a person who has committed a crime or done something wrong, the source or cause of a
problem.
6. (noun) the quality or state of being tedious or boring.
7. (adjective) having an interesting history.
8. (noun) something that is worthless, unimportant, or of poor quality.
9 (adjective) amusing and very strange.
10. (adjective) of, relating to, or constituting a name.
11. (adjective) not interesting or exciting.
12. (phrasal verb) to do or use (something) especially because no other choices are possible.
13. (noun) a mixture of different things.
14. (noun) a character (&) that is used for the word and.
15. (noun) material lost or scattered by spilling.
Speaking activity:
In light of what you've just read:
In groups of ¾, brainstorm for the name of a company producing fashionable sneakers aimed at young
people aged 15-35. Positioning: middle of the road / upmarket
Be prepared to explain why you chose the final brand name and why you ended up dismissing close
candidates.
Schumpeter
Nine billion company names
Businesses are coming up with ever-sillier ways to identify themselves
Oct 24th 2015 The Economist
ART HUR C. CLARKE’S “The Nine Billion Names of God” (1953) tells the story of a group of Tibetan monks
who believe that an ethereal “bingo!” moment will arrive when they have discovered all the possible
names for God. They calculate that this will take 15,000 years to complete if they continue with their old-
fashioned method of writing by hand. So they rent a computer to speed things up. The computer duly
gets to work—and when it spits out the final combination of letters the monks get what they wanted:
“without any fuss” the stars begin to go out.
The world may one day discover whether there is a corporate equivalent of that bingo moment when all
the possible names for companies have been tried. The West is creating start-ups at an unprecedented
rate. Emerging-world companies are going global. Established companies are merging to form mind-
boggling combinations: the soon-to-be ABInBev/SABMiller beermoth is rooted in five separate companies,
Anheuser-Busch, Interbrew, AmBev, South African Breweries and Miller Brewing.
Companies are right to devote a lot of effort to thinking up names: they are the best chance of making a
good first impression. Great names such as Google can provide the ultimate bonus of turning into a verb.
Dismal ones like Monday (briefly the name of a consultancy) can cast a pall. But overcrowding is only one
reason why finding a name is becoming more difficult. Globalisation has increased the possibility of giving
offence in one language or another. Copyright law is a pain: companies have to go to great lengths to
make sure that nobody has staked a claim to their favourite names. The biggest culprit is the internet:
companies put a premium on finding convenient “domain names” that direct you to their websites, but
many of the good ones have already been grabbed by name speculators.
The naming business has been shaped by four developments that suffer from the same generic problem:
they briefly expand the number of names available but then succumb to tedium. The first is the fashion
for made-up names that don’t mean anything in any known language but have a vaguely classical ring
(Totvs, a Brazilian software firm, even uses a Latin-looking “v”). The trend probably began with Zeneca
when it separated from ICI, a British chemicals company, in 1993. Two recent additions to the genre are
Mondelez International, maker of Oreo biscuits, formerly part of Kraft, and Engie, the new identity for
French utility GDF Suez. These ersatz names may be mildly preferable to an alphabet soup, but they
actually do the opposite of what they were intended to do: rather than putting a human face on
companies, they emphasise their lack of soul. Diageo imprisons some of the world’s most storied brands
such as Guinness in one of the world’s blandest words.
The tech boom gave the naming industry a boost by introducing a new stream of tech-words: Google got
its name from the mathematical term for ten to the power of 100 (a googol) and Tesla from a unit for
measuring the density of a magnetic flux. But it is also responsible for a lot of tripe. Too many tech
companies are either tediously wacky (Yahoo) or overly familiar (PayPal). Tech firms are as plagued by
naming-imitation as by product-imitation: witness the fashion for incorporating “Buzz” in your name (after
BuzzFeed) or the “-ify” suffix (after Spotify).
The third development is the fashion for “creative” names—the nominal equivalent of hipster beards.
These are supposed to be the opposite of generic corporate names: concrete rather than abstract, eye -
catching rather than bland. But, like hip beards, they suffer from the law of diminishing returns. Orange
was probably the last company to get away with calling itself after a fruit. There are now so many
financial-services companies giving themselves “pally” names (Wonga and QuickQuid) that you long for
the good old days when banks called themselves after their founders (Lloyds) or even adopted bland
initials (HSBC).
The most disappointing development has been globalisation. Some rising multinationals have memorable
names that derive from their founding families, such as India’s Mahindra & Mahindra, a vehicle maker.
But globalisation has not brought a naming renaissance. Mark Lee of Watermark & Co, a (cleverly named)
branding consultancy, points out that four of the world’s ten biggest public companies have the word
“China” in their names, such as PetroChina. Latin American companies are heavy on “X”s but light on
inspiration, as in Cemex and Pemex. Brazil’s Eike Batista put an “X” in all his companies’ names to signify
that he would multiply his investors’ capital—but then went bankrupt.
Rathr Xstrme
The result is that companies are resorting to ever more desperate means in order to stand out from the
crowd. They are running words together into a verbal hodgepodge (PingStamp), misspelling familiar
words (Kabbage), or jamming unrelated words together (Digital Marmalade). The most irritating fashion is
for creating names that look like typographic errors: dropping letters in arbitrary ways (Flickr) or adding
ampersands for no apparent reason: poor old Booz & Company, a consultancy, has been taken over and
forced to call itself Strategy&.
In Clarke’s story the computer-programmers devise “suitable circuits to eliminate ridiculous
combinations”. In the world of corporate naming the best defence against absurdity is common sense. We
are still a long way from finding the equivalent of the nine billionth name. There are plenty of good
English ones left: Google came up with the clever name Alphabet for its holding company earlier this year.
And after that there are lots of non-English words that won’t offend anyone. It is also better to be old-
fashioned than absurd: rather Smith & Jones than what looks like a Scrabble spillage. The biggest mistake
is to expect too much. Great companies can survive boring names but even the best names cannot save
dismal companies.

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Nine billion company names

  • 1. Schumpeter Nine billion company names Businesses are coming up with ever-sillier ways to identify themselves Oct 24th 2015 The Economist ART HUR C. CLARKE’S “The Nine Billion Names of God” (1953) tells the story of a group of Tibetan monks who believe that an ethereal “bingo!” moment will arrive when they have discovered all the possible names for God. They calculate that this will take 15,000 years to complete if they continue with their old- fashioned method of writing by hand. So they rent a computer to speed things up. The computer duly gets to work—and when it spits out the final combination of letters the monks get what they wanted: “without any fuss” the stars begin to go out. The world may one day discover whether there is a corporate equivalent of that bingo moment when all the possible names for companies have been tried. The West is creating start-ups at an unprecedented rate. Emerging-world companies are going global. Established companies are merging to form mind- boggling combinations: the soon-to-be ABInBev/SABMiller beermoth is rooted in five separate companies, Anheuser-Busch, Interbrew, AmBev, South African Breweries and Miller Brewing. Companies are right to devote a lot of effort to thinking up names: they are the best chance of making a good first impression. Great names such as Google can provide the ultimate bonus of turning into a verb. Dismal ones like Monday (briefly the name of a consultancy) can cast a pall. But overcrowding is only one reason why finding a name is becoming more difficult. Globalisation has increased the possibility of giving offence in one language or another. Copyright law is a pain: companies have to go to great lengths to make sure that nobody has staked a claim to their favourite names. The biggest culprit is the internet: companies put a premium on finding convenient “domain names” that direct you to their websites, but many of the good ones have already been grabbed by name speculators. The naming business has been shaped by four developments that suffer from the same generic problem: they briefly expand the number of names available but then succumb to tedium. The first is the fashion for made-up names that don’t mean anything in any known language but have a vaguely classical ring (Totvs, a Brazilian software firm, even uses a Latin-looking “v”). The trend probably began with Zeneca when it separated from ICI, a British chemicals company, in 1993. Two recent additions to the genre are Mondelez International, maker of Oreo biscuits, formerly part of Kraft, and Engie, the new identity for French utility GDF Suez. These ersatz names may be mildly preferable to an alphabet soup, but they actually do the opposite of what they were intended to do: rather than putting a human face on companies, they emphasise their lack of soul. Diageo imprisons some of the world’s most storied brands such as Guinness in one of the world’s blandest words. The tech boom gave the naming industry a boost by introducing a new stream of tech-words: Google got its name from the mathematical term for ten to the power of 100 (a googol) and Tesla from a unit for measuring the density of a magnetic flux. But it is also responsible for a lot of tripe. Too many tech companies are either tediously wacky (Yahoo) or overly familiar (PayPal). Tech fir ms are as plagued by naming-imitation as by product-imitation: witness the fashion for incorporating “Buzz” in your name (after BuzzFeed) or the “-ify” suffix (after Spotify). The third development is the fashion for “creative” names—the nominal equivalent of hipster beards. These are supposed to be the opposite of generic corporate names: concrete rather than abstract, eye - catching rather than bland. But, like hip beards, they suffer from the law of diminishing returns. Orange was probably the last company to get away with calling itself after a fruit. There are now so many financial-services companies giving themselves “pally” names (Wonga and QuickQuid) that you long for the good old days when banks called themselves after their founders (Lloyds) or even adopted bland initials (HSBC). The most disappointing development has been globalisation. Some rising multinationals have memorable names that derive from their founding families, such as India’s Mahindra & Mahindra, a vehicle maker. But globalisation has not brought a naming renaissance. Mark Lee of Watermark & Co, a (cleverly named) branding consultancy, points out that four of the world’s ten biggest public companies have the word “China” in their names, such as PetroChina. Latin American companies are heavy on “X”s but light on inspiration, as in Cemex and Pemex. Brazil’s Eike Batista put an “X” in all his companies’ names to signify that he would multiply his investors’ capital—but then went bankrupt. Rathr Xstrme The result is that companies are resorting to ever more desperate means in order to stand out from the crowd. They are running words together into a verbal hodgepodge (PingStamp), misspelling familiar words (Kabbage), or jamming unrelated words together (Digital Marmalade). The most irritating fashion is for creating names that look like typographic errors: dropping letters in arbitrary ways (Flickr) or adding ampersands for no apparent reason: poor old Booz & Company, a consultancy, has been taken over and forced to call itself Strategy&. In Clarke’s story the computer-programmers devise “suitable circuits to eliminate ridiculous combinations”. In the world of corporate naming the best defence against absurdity is common sense. We
  • 2. are still a long way from finding the equivalent of the nine billionth name. There are plenty of good English ones left: Google came up with the clever name Alphabet for its holding company earlier this year. And after that there are lots of non-English words that won’t offend anyone. It is also better to be old- fashioned than absurd: rather Smith & Jones than what looks like a Scrabble spillage. The biggest mistake is to expect too much. Great companies can survive boring names but even the best names cannot save dismal companies. Find the words corresponding to the following definitions: 1. (adjective) lacking material substance: immaterial, intangible. 2. (adjective) mentally or emotionally exciting or overwhelming. 3. (verb) to give over or direct (as time, money, or effort) to a cause, enterprise, or activity. 4. (noun) something that makes things gloomy or depressing. 5. (noun) a person who has committed a crime or done something wrong, the source or cause of a problem. 6. (noun) the quality or state of being tedious or boring. 7. (adjective) having an interesting history. 8. (noun) something that is worthless, unimportant, or of poor quality. 9 (adjective) amusing and very strange. 10. (adjective) of, relating to, or constituting a name. 11. (adjective) not interesting or exciting. 12. (phrasal verb) to do or use (something) especially because no other choices are possible. 13. (noun) a mixture of different things. 14. (noun) a character (&) that is used for the word and. 15. (noun) material lost or scattered by spilling. Speaking activity: In light of what you've just read: In groups of ¾, brainstorm for the name of a company producing fashionable sneakers aimed at young people aged 15-35. Positioning: middle of the road / upmarket Be prepared to explain why you chose the final brand name and why you ended up dismissing close candidates.
  • 3. Schumpeter Nine billion company names Businesses are coming up with ever-sillier ways to identify themselves Oct 24th 2015 The Economist ART HUR C. CLARKE’S “The Nine Billion Names of God” (1953) tells the story of a group of Tibetan monks who believe that an ethereal “bingo!” moment will arrive when they have discovered all the possible names for God. They calculate that this will take 15,000 years to complete if they continue with their old- fashioned method of writing by hand. So they rent a computer to speed things up. The computer duly gets to work—and when it spits out the final combination of letters the monks get what they wanted: “without any fuss” the stars begin to go out. The world may one day discover whether there is a corporate equivalent of that bingo moment when all the possible names for companies have been tried. The West is creating start-ups at an unprecedented rate. Emerging-world companies are going global. Established companies are merging to form mind- boggling combinations: the soon-to-be ABInBev/SABMiller beermoth is rooted in five separate companies, Anheuser-Busch, Interbrew, AmBev, South African Breweries and Miller Brewing. Companies are right to devote a lot of effort to thinking up names: they are the best chance of making a good first impression. Great names such as Google can provide the ultimate bonus of turning into a verb. Dismal ones like Monday (briefly the name of a consultancy) can cast a pall. But overcrowding is only one reason why finding a name is becoming more difficult. Globalisation has increased the possibility of giving offence in one language or another. Copyright law is a pain: companies have to go to great lengths to make sure that nobody has staked a claim to their favourite names. The biggest culprit is the internet: companies put a premium on finding convenient “domain names” that direct you to their websites, but many of the good ones have already been grabbed by name speculators. The naming business has been shaped by four developments that suffer from the same generic problem: they briefly expand the number of names available but then succumb to tedium. The first is the fashion for made-up names that don’t mean anything in any known language but have a vaguely classical ring (Totvs, a Brazilian software firm, even uses a Latin-looking “v”). The trend probably began with Zeneca when it separated from ICI, a British chemicals company, in 1993. Two recent additions to the genre are Mondelez International, maker of Oreo biscuits, formerly part of Kraft, and Engie, the new identity for French utility GDF Suez. These ersatz names may be mildly preferable to an alphabet soup, but they actually do the opposite of what they were intended to do: rather than putting a human face on companies, they emphasise their lack of soul. Diageo imprisons some of the world’s most storied brands such as Guinness in one of the world’s blandest words. The tech boom gave the naming industry a boost by introducing a new stream of tech-words: Google got its name from the mathematical term for ten to the power of 100 (a googol) and Tesla from a unit for measuring the density of a magnetic flux. But it is also responsible for a lot of tripe. Too many tech companies are either tediously wacky (Yahoo) or overly familiar (PayPal). Tech firms are as plagued by naming-imitation as by product-imitation: witness the fashion for incorporating “Buzz” in your name (after BuzzFeed) or the “-ify” suffix (after Spotify). The third development is the fashion for “creative” names—the nominal equivalent of hipster beards. These are supposed to be the opposite of generic corporate names: concrete rather than abstract, eye - catching rather than bland. But, like hip beards, they suffer from the law of diminishing returns. Orange was probably the last company to get away with calling itself after a fruit. There are now so many financial-services companies giving themselves “pally” names (Wonga and QuickQuid) that you long for the good old days when banks called themselves after their founders (Lloyds) or even adopted bland initials (HSBC). The most disappointing development has been globalisation. Some rising multinationals have memorable names that derive from their founding families, such as India’s Mahindra & Mahindra, a vehicle maker. But globalisation has not brought a naming renaissance. Mark Lee of Watermark & Co, a (cleverly named) branding consultancy, points out that four of the world’s ten biggest public companies have the word “China” in their names, such as PetroChina. Latin American companies are heavy on “X”s but light on inspiration, as in Cemex and Pemex. Brazil’s Eike Batista put an “X” in all his companies’ names to signify that he would multiply his investors’ capital—but then went bankrupt. Rathr Xstrme The result is that companies are resorting to ever more desperate means in order to stand out from the crowd. They are running words together into a verbal hodgepodge (PingStamp), misspelling familiar words (Kabbage), or jamming unrelated words together (Digital Marmalade). The most irritating fashion is for creating names that look like typographic errors: dropping letters in arbitrary ways (Flickr) or adding ampersands for no apparent reason: poor old Booz & Company, a consultancy, has been taken over and forced to call itself Strategy&. In Clarke’s story the computer-programmers devise “suitable circuits to eliminate ridiculous combinations”. In the world of corporate naming the best defence against absurdity is common sense. We
  • 4. are still a long way from finding the equivalent of the nine billionth name. There are plenty of good English ones left: Google came up with the clever name Alphabet for its holding company earlier this year. And after that there are lots of non-English words that won’t offend anyone. It is also better to be old- fashioned than absurd: rather Smith & Jones than what looks like a Scrabble spillage. The biggest mistake is to expect too much. Great companies can survive boring names but even the best names cannot save dismal companies.