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Due to the history of the term (originating in financial markets) Microsoft was considered to be in decline/not appreciating in value as quickly as FAANG and wa
by jpgvm 5y ago
Due to the history of the term (originating in financial markets) Microsoft was considered to be in decline/not appreciating in value as quickly as FAANG and was thus excluded. I would say these days it belongs there much more than say NFLX especially considering NFLX having nestled into a content creation/media company rather than a primarily tech play that was purchasing content.
- usui 5y agoI feel like the last bit isn't exactly right. Their compensation is still more competitive compared to Microsoft. On the tech side, they are also innovating as a breakout new producer compared to the incumbents.
- bin_bash 5y agoThe term was coined by Jim Cramer who really doesn’t care about compensation or tech innovation