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If we're going to use Meta for the acronym, then for God's sake can we call them MANGA? More generally, the absurd success of most of Big Tech has not come fro
by disgruntledphd2 5y ago
If we're going to use Meta for the acronym, then for God's sake can we call them MANGA?
More generally, the absurd success of most of Big Tech has not come from better technology but extremely high margins facilitated by software. Apart from the core ranking/ads problem that M and G solve, most of it doesn't need to be that complicated.
I would venture that lots of the cool technology stuff is designed to keep engineers happy so that the money train continues.
Certainly the one I was at built a lot of cool stuff, but there was so much reinventing of the wheel that I suspect that the core business and products could have been served by a much much smaller engineering org.
- osigurdson 5y agoAccording to Jim Cramer (who came up with the FAANG acronym), we should now be using MAMAA (Meta, Apple, Microsoft, Amazon and Alphabet). https://finance.yahoo.com/news/not-faang-mamaa-jim-cramer-163000145.html https://finance.yahoo.com/news/not-faang-mamaa-jim-cramer-16...
- disgruntledphd2 5y agoI kinda agree with that, but MANGA is such a great acronym that I'd like to keep it.