IMO we shouldn't even use FAANG, FAMGA, and other such acronyms unless we're talking about stocks. They don't even come from tech. They come from the financial sector and TV pundit Jim Cramer. Although it's an improvement over "Big Four" or "Big Five" which can be confused with the same term used for accounting companies, they still have very limited use outside of the original financial sector usage.
Besides, the tech sector changes so fast the acronyms continue to go out of date. The five highest revenue generating tech companies don't include Netflix at the moment. And many have even argued that these are not tech companies at all or that all companies are tech companies now. For example, Google and Facebook are ads companies. Apple is a consumer appliance company. Amazon is a retailer.
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I do agree, I just like using common vernacular (spelling?) and it has become well known in the DEV community.
As you said, it is just shorthand for "one of the big companies" nowadays as it changes so quickly.
I think some of the silliness of this post was lost, as none of it was meant to be overly serious and more just a bit of fun / a way to find out what people think the reasoning is behind the rebrand!
And as for companies not being tech companies - I agree there too, it is just like McDonalds - they aren't a "restaurant" / fast food company, they are actually a real-estate company if you look closely at their business model!
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IMO we shouldn't even use FAANG, FAMGA, and other such acronyms unless we're talking about stocks. They don't even come from tech. They come from the financial sector and TV pundit Jim Cramer. Although it's an improvement over "Big Four" or "Big Five" which can be confused with the same term used for accounting companies, they still have very limited use outside of the original financial sector usage.
Besides, the tech sector changes so fast the acronyms continue to go out of date. The five highest revenue generating tech companies don't include Netflix at the moment. And many have even argued that these are not tech companies at all or that all companies are tech companies now. For example, Google and Facebook are ads companies. Apple is a consumer appliance company. Amazon is a retailer.
I do agree, I just like using common vernacular (spelling?) and it has become well known in the DEV community.
As you said, it is just shorthand for "one of the big companies" nowadays as it changes so quickly.
I think some of the silliness of this post was lost, as none of it was meant to be overly serious and more just a bit of fun / a way to find out what people think the reasoning is behind the rebrand!
And as for companies not being tech companies - I agree there too, it is just like McDonalds - they aren't a "restaurant" / fast food company, they are actually a real-estate company if you look closely at their business model!