7 ms·
There’s an irony in your post that you’re complaining about FAANG culture , but Microsoft isn’t a FAANG. Meanwhile, Apple which is, did manage to pull it off.
by dagmx 4y ago
There’s an irony in your post that you’re complaining about FAANG culture , but Microsoft isn’t a FAANG. Meanwhile, Apple which is, did manage to pull it off.
- tpmx 4y agoYeah, this isn't a FAANG culture issue, it's an MSFT culture issue.
- detourdog 4y agoBill Gates established that a large portion of Microsoft culture is based on the idea that software should be licensed and paid for. This was a radical vision for the Personal Computer market at the time. This vision is very narrow and only tangential touches on the wonders of computing.
- umeshunni 4y agoTheir ability to move fast and build successful products that bloated big companies couldn't was what made FAANG what they were. Then, they themselves became the big bloated companies they once beat.
- scarface74 4y agoThis is really a crazy take. 1. During the time in question , Microsoft was by far the dominant tech company, Apple was just coming out of being “beleaguered” and the iPod was just becoming popular. Facebook didn’t exist, Amazon was thought to be a money losing company months away from bankruptcy, Netflix (which shouldn’t have ever been considered BigTech) was worried about being crushed by Blockbuster, and Google was far from dominant. 2. The original acronym coined by Cramer was “FANG” and left out Apple completely 3. By todays standards, when people talk about FAANG they mean BigTech - Microsoft has been one of the top 5 most valuable companies since 2000. As of right now, Netflix ranks 115 in the F500.
- contextfree 4y agoGood post. My simple take is that the FA(A)NG acronym just never made any sense at any time, never understood how some random nonsense coined by Jim Cramer got taken up by so many people who should know better.
- detourdog 4y agoI remember FANG representing pure internet companies which why Apple and Microsoft were left out. FANG represented the 4 no brainers of internet services. I guess it was a way to differentiate between the first internet bust hype and the internet companies with that are really working.
- dhosek 4y agoAnd in the top post comment about the layoffs, we’re reminded that Apple once again doesn’t fit in since they didn’t have a big round of layoffs like the rest of big tech, having largely avoided the overhiring that the others engaged in.
- stevenhuang 4y agoIt's MANGA now. But anyways even back then, when people refer to FANG/FAANG it's referring to "big tech", of which MSFT is definitely in there.
- lostlogin 4y agoIt’s nearly at MAGA, big tech can do this.
- hyperhopper 4y agoNetflix has fallen off. It's MAMAA now