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Side question: Why is Netflix in FAANG? When people talk about the "Big 5" companies they have Microsoft, not Netflix, in there.
by lifeformed 6y ago
Side question: Why is Netflix in FAANG? When people talk about the "Big 5" companies they have Microsoft, not Netflix, in there.
- aspenmayer 6y agoJim Cramer of Mad Money fame coined it in 2013 to refer to tech companies that were dominant in the markets. I can’t speak to the veracity of his market claims, but he is considered the first to use this exact acronym; its worth noting that his original usage of the acronym FANG did not include Apple at that time. https://en.wikipedia.org/wiki/Big_Tech https://en.wikipedia.org/wiki/Big_Tech