[jedberg]

FAANG was created by the TV personality Jim Cramer to talk about high growth tech stocks. At the time Netflix was doubling every year. It was based purely on finance.

It's now been taken over by the tech industry to be shorthand for places that are highly selective in their hiring and tend to work on cutting edge tech at scale.

That being said, the impact of Netflix on tech is pretty big. They pioneered using the cloud to run at massive scale.

[oofbey]

> They pioneered using the cloud to run at massive scale.

Which is to say they were AWS's biggest early customer? Doesn't really seem like Netflix should get the credit for that one.

[jedberg]

It was a lot more than that. They developed systems and techniques that even Amazon adopted and are still adopting to this day. They also created a ton of open source tools for other people to use the cloud:

https://netflix.github.io

Netflix tech even spawned a company to sell their open source tools:

https://www.armory.io

And they codified the entire practice of Chaos Engineering:

https://en.wikipedia.org/wiki/Chaos_engineering

[hetspookjee]

That stockphoto on the front page of armory.io manages to trigger al kinds of spammy website triggers for me.

[patmorgan23]

They were pretty influential in refining the microservices architecture

[samhw]

> FAANG was created by the TV personality Jim Cramer to talk about high growth tech stocks. At the time Netflix was doubling every year. It was based purely on finance.

That, and FAAG had less of a ring to it.

Edit: Dammit, the GP made the same observation. Oh well, I'm keeping it.

[jedberg]

If Netflix hadn't been such high growth and not included, Cramer probably would have gone with GAAF. :)