3 ms·
They really put the M in FAANG!
by dghlsakjg 5y ago
They really put the M in FAANG!
- gruez 5y agoWell there's another acronym that includes them. Unfortunately it's rather vulgar so I'll list out the letters in alphabetical order: AAFGMN.
- jffry 5y agoWhat about FANMAG is vulgar?
- arthurcolle 5y agoClose but no cigar.
- unscaled 5y agoGAFAM is the one usually used for Big Tech, replacing Netflix with Microsoft. Netflix is not nearly as big as the rest of the group in terms of market cap, but the FAANG term was coined in 2013, in the Ballmer days, when Microsoft was far less cool. The stock hasn't seen considerable growth for over a decade and Microsoft was slowly bleeding away market share on every conceivable front. The company was far from dead, but it wasn't considered a tech leader anymore.