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Ask HN: Why isn't there an M in FANG/FAANG?
Does this acronym need to be deprecated? Is there a common thread between FANG companies I do not know about?
- nostrademons 7y agoHeadquartered in Silicon Valley. Facebook is in Menlo Park, Apple is in Cupertino, Netflix is in Los Gatos, Google is in Mountain View. Amazon and Microsoft are both in Seattle (well, Redmond for Microsoft). If you expand out to FAANG there's no reason not to include Microsoft, but if you just want the top-4 tech companies by market cap I'm partial to MAGA, for Microsoft, Apple, Google, and Amazon. Facebook and Netflix are a tier below in market cap.
- detaro 7y agoIt's an relatively old acronym from the financial markets. At the time, those were the hot tech stocks. M wasn't hot.