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"FAANG" seems like a bizarrely arbitrary grouping overall, with Netflix as a clear outlier; I understand that it might make superficial sense to an investment b
by marssaxman 8y ago
"FAANG" seems like a bizarrely arbitrary grouping overall, with Netflix as a clear outlier; I understand that it might make superficial sense to an investment banker, but in terms of the businesses they are engaged in and the type of work their employees are doing, Netflix should be dropped from the list and replaced with Microsoft.
- asdfasgasdgasdg 8y agoI think this was "the group of big tech companies with increasing fortunes," which at the time the acronym was coined did not include Microsoft. Anyway this is a popular thing to gripe about on HN recently, but the acronym seems fine to me.
- marssaxman 8y agoIs Netflix really a tech company?