Let's settle it. It should be FANMAG for this decade where N stands for NVIDIA
So many acronyms that literally make no sense FAANGMULA etc This is not an acronym for company prestige or work culture or work life balance. This is the criteria: 0. US based 1. Tech company with huge potential for growth (Netflix gets rejected here, Netflix is no different than Disney+ and HBOMax at this point i.e their revenue comes from the content, not the tech) 2. Hit atleast 500B market cap and has fantastic future prospects and bets that will most likely payoff (this applies to every single one of FANMAG) FAAG needs no explanation. Microsoft deserves to be on this list (great future bets, diverse business) so does NVIDIA (just look at their stock growth and potential) Netflix doesn't deserve to be on this list (can't see how they grow without spending more to grow their content library to match Disney, HBO etc) #faang #facebook #google #apple #amazon #netflix #microsoft #nvidia TC: 350k, yoe 5
It should be called “FATANG” and include Tesla
can Tesla be considered a Tech company yet? There is only so many cars they can produce and can be consumed. On the other hand, we can include them once they start selling their software or tech to run anywhere, leverage their cars for Uber/Lyft self driving etc?
Tesla to be considered Tech company? Exactly what tech company means here on blind? Why do we call some diXX posting app companies tech company and treat company like Tesla working on real technology non tech?
Wasn't faang originally just a finance acronym used for the best performing tech stocks at the time?
yes, that's why I'm trying to redefine it for 2021 only on that front
It’s obviously nancy
I think FANG was made based on tech companies that pay big $$$ and are well know. Nvidia doesn't pay anywhere near Netflix salaries lol, and tbh a lot of people don't even know about it
But NVDA employees get fantastic 2 year ESPP plan and their stock growth is just insane that they'r actually on par
FANG was a stock term, these 4 stocks were growth outpace most other stocks. Not a collection of companies SWE wants to work at. Not as many ppl as you think cares about what SWE thinks.
While we’re at it, let’s add another A for Albertsons
I thought the A was already for Albertsons
Looks like u got rejected in Netflix 😀😀
Or ur ex works there
haha I never get calls from Netflix or Apple. this is just stock perspective not job perspective
Tesla should be above all other cos u have there
It should just be A for Apple. Where the criteria is huge tech company and Cupertino based
Apple is closer to IBM than to any of the original FANG companies.
Brilliant! I’m super long on NVDA, bought around 480 this year; and still pounding myself for selling all of my shares last year. Just cannot imagine NVDA not being a 2T company one day. It’s the new utility for the new industries! AI, cloud, gaming, crypto, auto drive all heavily depend on GPUs!
sure that sounds good too or MAGA FN where literally these stocks will continue to make america great again
Umm op I must say you ruined it with what you made out of it