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They pay tech company salaries? That's about it for why it's in FAANG.
by pishpash 3y ago
They pay tech company salaries? That's about it for why it's in FAANG.
- mitthrowaway2 3y ago"Tech company salaries" is itself kind of begging the question -- if a technology or software company pays a low salary, is it not a tech company? For that matter, I hear the salaries are pretty high at Goldman Sachs too.
- lib-dev 3y agoWhen the term FAANG was coined, those 5 companies were paying engineers around double what they could ask for anywhere else. I believe that's when software engineers started grouping them together. It became a goal for many young engineers to join because of the fantastic salaries/benefits. Things have changed since then but the point remains, FAANG generally means "large company that pays above market for software developers."
- mitthrowaway2 3y agoNetflix is a FAANG company because it's the 'N' in FAANG. It's just not a tech company.