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Also my impression. FAANG isn't necessarily about market cap, it's about the highest paying and sexiest jobs you can get for a large employer
by vayeate 6y ago
Also my impression. FAANG isn't necessarily about market cap, it's about the highest paying and sexiest jobs you can get for a large employer
- quicklime 6y agoThe term FANG (and FAANG) was coined and popularized by stock market investors, not tech workers/job hunters. So it's about the highest growth large-cap tech stocks, not the absolute largest market caps or most well-paid/prestigious jobs. It was coined in the Ballmer days, when MSFT's stock price had been stagnant for about a decade, so no surprise that it got left out. Things are different today though. https://en.wikipedia.org/wiki/Big_Tech#FAANG https://en.wikipedia.org/wiki/Big_Tech#FAANG