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This effective business name was based on the word "squad".
Squadlo has seven characters and just two syllables. Two-syllable names are very rare and highly desirable. Two syllable names are used by established brands like Gillette, Apple and Twitter.
Squadlo.com is a dot com domain. Dot com domains are the most valued top-level-domain in the world, used by famous websites like youtube.com. When you own a dot com, it is much easier to rank for your own name in search engines.