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FAANG companies can't move fast and break things like startups. If their services go down, it might be mentioned on the evening news, and it would certainly cos
by twblalock 6y ago
FAANG companies can't move fast and break things like startups. If their services go down, it might be mentioned on the evening news, and it would certainly cost a lot of money. FAANGs have huge existing revenues to protect, large customer bases to keep happy, and laws to obey in all of the countries where they operate.
A "simple" feature change is not so simple for companies with those concerns.
- gowld 6y ago"move fast and break things" is literally Facebook's motto, the F in FAANG. It's why you know the motto.
- twblalock 6y agoThey used that motto when they were a startup and changed it a while ago. > On May 2, 2014, Zuckerberg announced that the company would be changing its internal motto from "Move fast and break things" to "Move fast with stable infrastructure" https://en.wikipedia.org/wiki/Facebook,_Inc.#History https://en.wikipedia.org/wiki/Facebook,_Inc.#History
- decafninja 6y agoCan't you say the same about banks and finance? Hospitals and medical tech? Software in say, cars, aircraft, ships? If anything, even more so? I could be naive, but what is the most societal impact that could happen if say, Instagram goes down or gets a major bug? Or if something went wrong at Netflix? Vs. software going wrong at a major bank or on an airliner?