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Strong headcount growth versus other FANG-like companies.
by lazharichir 8y ago
Strong headcount growth versus other FANG-like companies.
- AznHisoka 8y agoIs that something that's usually rewarded by Wall Street? I would think being more efficient (ie. making more money with less employees) would be viewed as more successful.
- lazharichir 8y agoMay show, especially with such a strong company, intended growth and development within new territories which in turn, can mean new opportunities (Cloud, Waymo, etc.)
- albertgoeswoof 8y agoYes it is, people are an asset in a growth company and not a liability. The ability for Alphabet to survive is to continue to innovate and go into new areas, and that always needs more, new, people. Also if Google has X % of the top new grads joining that’s X % who aren’t joining their competitors etc
- rimliu 8y agoThere is a principle (some claim it holds true in pretty much every case) that in a company of N people only square root of N are doing all the work. So if you are a 4 person company you need to hire 12 more to double your output. if you are a company with 10 000 employees you will need to hire 30 000 more to double your output :)
- olliej 8y agoDumb question I’m too lazy to effectively google: what is FANG? (Assuming we’re not talking vampires)
- tonysdg 8y agoFacebook, Amazon, Netflix, Google
- lazharichir 8y agoCompanies like Facebook, Amazon(/Apple), Netflix, and Google.
- deleted 8y ago[deleted]
- adamson 8y agoHuge public tech companies with strong revenue: Facebook, Amazon, Netflix, Google
- dlp211 8y agoFacebook, Amazon, Netflix, Google. It's a shorthand for high growth tech stocks. It is also sometimes abbreviated FAANG to include Apple, and sometimes it will include Microsoft. It's best, IMO, to think of it as the BIG10 NCAA division, the name only represents a subset of its membership.
- TheGRS 8y agoBig 6 wouldn't be a bad name for this group, most people would probably know who you're talking about. Unless people are going for some sort of double-entendre with the name FANG.
- Bucephalus355 8y agoSeems reasonable. All the big oil companies used to be called “the 7 sisters” (before mergers) and then back in the 70’s for accounting it was “the big 8”.
- Fricken 8y agoFriendster, AOL, Napster, GoDaddy
- patmcguire 8y agoIs the A Apple or Amazon? No one is anywhere close to Amazon in headcount growth.
- imjk 8y agoThe collective is more commonly referred to as "FAANG": https://www.investopedia.com/terms/f/faang-stocks.asp https://www.investopedia.com/terms/f/faang-stocks.asp. So the answer would be both.
- jacksmith21006 8y agoApple is not part of FANG. It is an acronym coined by Jim Cramer for companies that have hyper growth.
- zjaffee 8y agoIn the original interpretation it was Amazon, as FANG originally referred to internet companies with high stock growth.