Is the FAANG acronym due for a change? Amazon on average is not competitive in TC with the others. If Amazon is included, why not Microsoft? Likewise, there are new kids on the block like Uber. Also Airbnb, Stripe, Dropbox, Pinterest, Lyft, Slack, Zoom. Should any of them be added?
Shit post.
FAANG was supposed to be a group of well performing stocks popularized by CNBC. Idk what is up with the obsession of working at a FAANG. You can find good groups to work in, a good salary etc. etc. elsewhere. It’s not a contest.
FANG was initially a group of similar companies with similar new age business models (why Apple wasn’t initially a part of it, it had an old school business model).
Maybe you’re right. It was popularized as a group of stocks from what I remember. In what ways is Facebook and Amazons business model similar.
Bakr
Remove New
Remove op.
the acronym has nothing to do with TC, prestige, or anything other than recent stock performance circa 5 or 6 years ago
Remove Netflix?
Hell naw!
Why not? Netflix is not even a tech company according to its edgy CEO.
OP, Jim Cramer coined the term based on stock performance, not business model or TC. If you make some random acronym, NO one will follow. They will just try to make their own variations. If Cramer made a new acronym, it would be picked up the same day.
Jim Cramer coined it for arbitrary reasons, but it caught on in the tech world for other reasons too. Here is Ben Thompson, a top thinkfluencer, weaving FANG companies together after hearing it CNBC: https://stratechery.com/2016/the-fang-playbook/
Give it up. You are not Cramer. Take a hint from all the responses above. There are several dozens of post that try to make up the new and improved FANG. TC 🤔 TC or GTFO.
FAANGS with Salesforce
Ugh stop please
Don’t worry Intel might make it one day
We won’t, acronym is good as is