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by chillidoor 784 days ago
I'm guessing "Meta, Amazon, Apple, Netflix, and Google" but with a "_" for some reason
2 comments

Why is Netflix still included? They should be kicked out, I haven’t heard anything tech about the, for years now.

Then we can go with Meta Apple Google Amazon, or MAGA for short. Ok, not a good look that one.

Because they still pay $500k cash.
The thing with Netflix is that they have such few open roles and there are plenty of other liquid high comp companies that pay similar. It was all about the original stock growth that just stuck I guess
This highly depends on your skillset. Most employers with equivalent liquid comp will be HFT, and you will be writing C++.

Netflix is the only employer I know of where an Android or iOS IC can make liquid 500k+ TC without RSUs.

What's IC
individual contributor
What does "cash" mean in this context, as opposed to if the word wasn't included?
They famously don't pay you in equity at all. If you work at Netflix and want NFLX stock, you buy it yourself.
Because that's how you get FAAG
Now it's MAAMA (Microsoft, Apple, Amazon, Meta, Alphabeth)
_ is for Alphabet
then why not MAAANG?. Much better acronym, but then I just say big N.
We can still call Alphabet Google, just like everyone calls X Twitter. Clunky rebrands don't have to be accepted by everyone.

Edit: Personally I'm in favor of sorting by present market cap, so it's MANGAM.

Google never rebranded. It's still Google. They just had all these unrelated moonshots like Verily and Waymo that didn't make sense to keep pretending were a part of Google.
Isn't the Google CEO also Alphabet CEO now because they didn't manage to make them 2 actual independent companies?
I wouldn't be surprised if the change was tax related.
Is this a reverse sort?
Even better, why don’t we just get rid of the unwieldy acronyms altogether and simply refer to them as “major tech companies”? It’s clearer and avoids the constant reshuffling every time the market shifts.
People have a strange attachment to catchy mnemonics that Jim Cramer was using in 2014.
Can’t we just stick with FANG?

Sure, the acronym doesn’t mean anything anymore, but at least everyone knows what it means.

The N stands for Microsoft
There’s no other option besides MANGA. Anything else is f-ing lame
GANMA
NadellaSoft?
Nicrosoft