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The real injustice is that Netflix is included. It’s a lot smaller than the others. I’m pretty sure it’s to make the acronym sound better. FANG sounds better th
by lacker 7y ago
The real injustice is that Netflix is included. It’s a lot smaller than the others. I’m pretty sure it’s to make the acronym sound better. FANG sounds better than FAAG.
IMO the lesson is that making groups of items in acronyms is not a great way to analyze the world. Remember the BRIC group of countries? Well, China took off, and the others didn’t follow the same path at all.
- askafriend 7y agoThe acronym was initially based on stock growth and later some people started using it as a proxy for compensation. Netflix has some of the highest all-cash compensation in the industry. Compensation is easily $450k+ in cash per year for a regular senior dev at Netflix.
- deleted 7y ago[deleted]