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It's beyond time to retire the FAANG acronym. At one point it signaled a group of companies that were dynamic players that were (to various extents) disrupting
by ferdowsi 5y ago
It's beyond time to retire the FAANG acronym. At one point it signaled a group of companies that were dynamic players that were (to various extents) disrupting the existing business landscape. Now these companies are incumbent behemoths asking to be taken down in the same manner.
- ralusek 5y agoSo long as the acronym has utility for identifying something in a more concise way than the alternatives, people are probably going to keep using it. Incumbent behemoths still need names.
- alexpetralia 5y agoIs that from where the acronym emerged? I thought it was really an investing term, which described tech stocks with tremendous returns. I did not think "dynamism" was part of it.
- deleted 5y ago[deleted]
- hammock 5y agoRemember when the BRICs were a trendy acronym? Obviously the individual parts have some relevance but not sure if the BRIC entity as a whole ever really meant as much as it was promised.
- ghaff 5y agoBRIC was basically up and coming geos. (Obviously an oversimplification.) China became something much different (ADDED: and more complicated) from the other three. And the other three arguably didn't grow as much in relative economic importance as the acronym implied they would.
- hammock 5y agoExactly. Didn't turn out as promised.
- thuccess129 5y ago> It's beyond time to retire the FAANG acronym. Antartica has a place called Wolfang. Lots of solar energy 24 hours for months half the year. Minus fifteen degrees centigrade temperature for the data center stadiums. Near zero cost real estate property prices. Uplink to satellite mega constellations. Two thirds of humanity isn't served as futuristically as Silicon Valley and they don't have a $50K Boxable for their inside. WOLFANG global services oriented market has yet to shine?