Choosing a name for a startup is a critical early step that impacts various aspects of business operations, including incorporation, domain registration, branding, and marketing strategies. The process involves ensuring the name's availability to avoid legal issues, optimizing for search engine presence, and considering factors like memorability and spelling. It is important to avoid names that are too trendy or limiting, as these can affect long-term brand relevance. Additionally, the name should ideally not be easily reversible to avoid confusion. Strategic considerations, such as using names that start with certain letters for alphabetical advantages, and avoiding overused terms like "Labs," can also play a role in selecting an effective company name. A personal connection to the name can enhance its meaning and resonance with the founders' vision.