4 ms·

It's literally the N in FAANG, a term that came from the investment world and referred to (at the time) the five tech stocks that had the most impressive perfor

It's literally the N in FAANG, a term that came from the investment world and referred to (at the time) the five tech stocks that had the most impressive performance.

scarface74 5y ago
It was treated that way by one commentator on MSNBC. But let’s not forget that the original term was FANG and didn’t include Apple - the most valuable tech company or Microsoft that has been in the top 5 since 2000. Netflix is around #50 in the most valuable companies - it at least it was.
- TedDoesntTalk 5y ago
  On one hand, their product is not tech… it’s media. On the other hand, they’ve invented some of the best tech and have some of the best engineers.
  - scarface74 5y ago
    Their streaming tech is a commodity. Any media company can throw money at someone like BamTech (now owned by Disney) and spin up streaming infrastructure.
    - TedDoesntTalk 5y ago
      I did not know that. Certainly wasn’t true in the past. Glad to hear it’s democratized!
      - stubish 5y ago
        And Streamotion (streamotion.com.au), part of Foxtel.