3 ms·
Last year FAANG created 98% of the S&P500 return. This means that the other 495 incumbents made a lost and are being disrupted. Facebook > Users > Content > Ad
by lowdose 6y ago
Last year FAANG created 98% of the S&P500 return. This means that the other 495 incumbents made a lost and are being disrupted.
Facebook > Users > Content > Advertisers
Apple > Developers > Apps > iPhones
Amazon > Sellers > Products > Buyers
Netflix > Creators > Video Content > Customers
Google > Websites >
Webpages > Advertisers
- Bishop_ 6y agoDo you have a citation for that? That doesn't seem like a good thing long term that 98% of gains are in one "industry"
- capnorange 6y agothis is not really one "industry", tech is just an enabler here. The only difference is what was once physical is now digital.