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On an unrelated note when did FAANG before a thing? I don't recall seeing this used anywhere a mere year ago.
by wnevets 8y ago
On an unrelated note when did FAANG before a thing? I don't recall seeing this used anywhere a mere year ago.
- weej 8y agoSince at least 2015. Folks sometimes use FANG and overload the 'A' for Apple and Amazon.
- tomcam 8y agoThey’ve been saying it for years on Chinese boards.
- marton78 8y agoAlso, why is there no M for Microsoft in that abbreviation?
- wnevets 8y agoprobably lack of growth in their stock prices?
- kerng 8y agoI think it's because of base compensation of employees, which still holds true still, because Microsoft pays way less then FANG. Microsoft is the most valuable company in the world. When it comes to stock Facebook probably would be not in FANG anymore because of their drastic stock drop over last year.
- taobility 8y agoA for Amazon is well-known for its terrible work env for the employees.
- creddit 8y agoMSFT is up 25% YoY and 200% over the last 5. They’re at an all time high.
- mruts 8y agoIt’s been used in finance (as well as FANG) for a long time at this point. Often investors buy all of these companies at the same time to reduce volatility and get exposure to big tech.