5 ms·
When did FAANG become FAAMG?
by cortesoft 5y ago
When did FAANG become FAAMG?
- kartoshechka 5y agoit's the comment from the recent post "who else would put M in FAANG besides a Microsoft employee?"
- jstx1 5y agoIt makes some sense - if you replace Netflix with MS, the list will be the 5 largest tech companies. Netflix is only there because of how the term was coined in the first place - FANG (originally without Apple) was a list of stocks that Jim Cramer liked around 2013 and the acronym caught on and evolved from there.
- rdiddly 5y agoI always wondered why the hell Netflix was even on the list, so thanks.
- HPsquared 5y agoIt's like the BRICs countries - Brazil doesn't really fit.
- FillardMillmore 5y agoCurious, is Jim Cramer generally respected by the crowd that frequents HN?
- TuringNYC 5y agoDoubtful, but sometimes a good acronym is worth a thousand words.
- deleted 5y ago[deleted]
- Nevermark 5y agoI had not come across FAAMG but I like it, even if I have trouble saying it. ("MAGAF"? Hmmm. "GAAMF"?) Netflix has never been an aspirational overlord type company like the others. Even though Microsoft is no longer at its peak, its dual presence via OS and cloud keep it in sustainable wannabe overlord position.
- croes 5y agoI thought it's G-MAFIA.
- jstx1 5y agoGive Microsoft some credit - they're the second largest company in the world with over $2 trillion market cap. Sure we're not in the 90s anymore and their image, position in the markets and in the zeitgest is a bit different but "not at its peak" is a bit harsh. As far as acronyms, I like FAAAM (replace Google with Alphabet).
- Nevermark 5y agoMicrosoft is doing wonderful as a business. But their #1 stranglehold position in tech went bye bye when they dropped the ball in the OS area by whiffing fantastically several times as mobile rose to dominance. In cloud they are significant, just not dominant either. But as a cash cow they are still a king.
- onion2k 5y agoYou assume that their current market position is because they dropped the ball rather than a deliberate choice to step back from being the prominent leader. They're making more money than ever, they've essentially fixed their reputation from the Ballmer years, they can attract top talent, and they can work on projects without massive public strutiny and commentary now. I think it was Microsoft are exactly where they want to be.
- ThrowawayB7 5y agoWhen the people who had been laughing at Microsoft for years as being a washed up has-been came to the realization that it currently has a valuation of over $2 trillion and is still growing.
- StreamBright 5y agoWhen Microsoft started to take Javascript seriously.
- sxp 5y agoPersonally, I still use FAANG and assume the N stands for N\icrosoft.
- Bayart 5y agoWhen Microsoft resurrected from the dumpster of tech and became proactive again.