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this post was submitted on 29 Jul 2023
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Programming
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Didn't the N stand for Netflix?
Yes, but Netflix isn’t in the same class anymore (High growth, dominating their relevant fields, diversification). Nvidia may fit.
Netflix was (and imo, should still be) there because of their tech. Netflix was years ahead of other companies in terms of their backend engineering when the term was coined, and in many ways they still are.
They don’t employ the people who made their backend so special anymore. Not one of their original chaos engineering team work there anymore, and Brendan Gregg (Hooray for learning BCC/perf!) is over at Intel
Lmao Netflix is nowhere in the near these behemoths
well FAANG used to be mostly a shorthand for the big companies you might want to work at as a software developer/engineer.
not necessary because of the size of the company, since Microsoft is obviously missing from it.
It was actually about the stocks. Microsoft wasn’t a part of it because they weren’t “new”. I’m pretty sure Microsoft is actually in the new tech-stock-group.
After it was popularized as a group of tech stocks to buy, people just used it to talk about the biggest software companies, and a lot of devs I talked to (myself included) kinda implied Microsoft when we said FAANG. And while those companies did tend to pay higher than other devs, I think it’s pretty understood that comes with expectations and stress. None of my dev friends would ever wanna work in that environment.
you are right it does come from Stocks, I only ever heard it used as the place lots of new people aim to work at over at /r/cscareerquestion
No problem! That means you get to be one of todays lucky 10,000. They were definitely sought out positions. It did eventually enter common discussion as just a group of tech giants that pay higher than others. That’s why Microsoft was always implied for me.
There were tons of people who’d get a couple years in at one of the major companies and then just use that experience to work wherever they wanted and enjoy themselves. I couldn’t see myself working for one of those companies though. I think it’d be cool to work on some of the stuff they work on, but it seems like the work culture has gone down hill from when Google used to be considered an awesome place to be a dev.