4 ms·

FAANG was originally about companies that paid massive engineering salaries, which is why Netflix was included and Microsoft wasn't.

• reducesuffering 6y ago
  No it wasn't. Cramer coined it due to just FANG (not apple) being totally dominant in their markets and having meteoric rises in stock prices at that time.[0] [0]https://en.wikipedia.org/wiki/Big_Tech#FAANG https://en.wikipedia.org/wiki/Big_Tech#FAANG
  • pbiggar 6y ago
    I stand corrected, thanks for the reference!
  • aikinai 6y ago
    It’s funny (but not unexpected of course) to see the list of variations on Wikipedia. In Japan they call it GAFA, missing from this list.