4 ms·
This is just like FAANG where they forget to include a major player like Microsoft. (Maybe it was legacy before Satya, but Azure and AI have brought it back to
by pradn 3y ago
This is just like FAANG where they forget to include a major player like Microsoft. (Maybe it was legacy before Satya, but Azure and AI have brought it back to the front.)
- grobbyy 3y agoFAANG wasn't about size but about things like salary, benefits, and looking good on a resume. Microsoft is doing better now, but it's employment conditions aren't the same as FAANG (and no where near the luxuries of when it was coined).
- astrange 3y agoWasn't FAANG specifically about the stock always going straight up? Amazon didn't look that good on a resume and "we're going to fire you the instant you underperform" Netflix wasn't that great a working environment.
- _heimdall 3y agoUs this is what I remember as well, FAANG was just short for a collection of specific stocks that performed well...and by that I mean that were regularly hyped and pumped regardless of normal indicators like profit.
- martin8412 3y agoA collection of stock that mostly doesn't pay dividends. The exception being Apple.
- whaleofatw2022 3y agoAmazon was fine on a resume, not quite as prestigious as Google/Apple/Facebook or perhaps Microsoft but it has had pull for the better part of a decade around here.
- mc32 3y agoAmazon’s working conditions are not as good as others not on the list.
- Der_Einzige 3y agoMicrosoft paid more than Amazon for a long time (amazon only recently hit parity with the other FAANGs), and had FAR better wlb and work culture. Boutique MS (Linkedin) was known for paying extremely good while giving little work. Truly the ideal "rest-and-vest" companies. I say we throw Amazon out and replace it with Microsoft. We could also throw netflix out, since they're doing pretty bad these days
- Telemakhos 3y agoWith MS and FAANG, it’s not so much forgetting as deliberately trying to avoid an unfortunate acronym.
- cableshaft 3y agoWell Jim Cramer was the one who originally popularized the term FAANG (then FANG)[1], and has since changed the it to MAMAA, which includes Microsoft (and the name change from Facebook to Meta, and Google to Alphabet)[2]. Also Netflix got excluded in the new one because "the digital streaming pioneer’s market capitalization has not kept up with the others." [1]: https://www.investopedia.com/terms/f/faang-stocks.asp https://www.investopedia.com/terms/f/faang-stocks.asp [2]: https://www.cnbc.com/2021/10/29/cramer-new-acronym-to-replace-faang-after-facebook-name-change-to-meta.html https://www.cnbc.com/2021/10/29/cramer-new-acronym-to-replac...