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Nvidia is the actual N in FAANG. Netflix is not a technological powerhouse compared to Nvidia

• Rinzler89 2y ago
  Netflix was included because they were a hypergrowth SV tech stock, paying crazy compensations, not because it was a tech powerhouse.
• jedberg 2y ago
  When FAANG was created, Netflix was the highest gainer in the S&P 500. FAANG was the highest growth stocks that year, and nothing more.
  • iwontberude 2y ago
    Also Netflix had greater ambitions back then which would be proven to be a red herring when they first spun out Roku and secondly focused on becoming “HBO before HBO can become us”. Reed probably didn’t have the chops for it, but one can imagine what Netflix could have actually become if it tried to build platforms.
• 0x457 2y ago
  Netflix is definitely a technological powerhouse, it just we, mortals, can't benefit from it.