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by lotsofpulp
1790 days ago
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>HFT and quants I understand, that's money-printing business, FAANG I don't. According to 10-K reports, they print far more money. The net income per employee figures are never before seen for organizations of that size, for so many years: https://seekingalpha.com/comparison/9e-FAANG-Stocks For Amazon, you have to strip out the non tech employees, but similar numbers exist at AWS. That is the beauty of near zero marginal costs, winner take all markets, and extremely high barriers to entry. |
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