Related Posts
Hi Fishes,
Just need few ♥️ to unlock DM please.
Great for the office, great for an afternoon hike.
Additional Posts in Consulting Exit Opportunities
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
FANG doesn’t mean anything. It was a random group of high performing stock companies that Jim Cramer made into “FANG”
From a desirable place to work though there’s tons of other companies better than FANG.
Top Comp: Netflix
Great overall: Facebook, Google, LinkedIn, Dropbox, Square, Uber, Lyft, Slack, Stripe, Microsoft, Salesforce
Top comp is Splunk!!! And everyone I know at Workday loves it but for whatever reason doesn’t have the same creed as other tech giants
For most of the past 20 years, Microsoft wasn’t doing too hot as a company. They’ve coasted as a cash cow of their success established in the 80s and 90s but they missed mobile and generally lost their reputation as a super innovative company. This is reflected in their stagnant stock price from 2000-2013. Most of what makes FAANG so attractive is that their stock has performed really well, which is really nice when you have big juicy stock options. Working at Microsoft didn’t have that upside although they’ve started to really well again recently ever since Satya took over as CEO.
Still a very good place to work in the grand scheme of things, but FAANG have simply done better as companies in the past 10 years
I don't know if I buy your flywheel theory...
At some point you are on the earnings treadmill and it will be going so fast that you'll never be able to keep up.
FANG are all online browser based companies, that’s why they were originally grouped together and why I refuse to acknowledge FAANG
1. Can you say a bit more about the Netflix comp point? It’s a stereotype I’ve heard a lot, but there doesn’t seem to be any data behind it for non-eng roles. In fact, all the anecdotal info I have says the opposite.
1b. According to the Googlers on here ~2 years post MBA (L5) G offers ~$250k, have you seen any Netflix numbers that beat this at the same tenure?
@PL - the role would have to be similar. They’re not going to match HF/PE roles for example. That said ~$300K for 2 years post MBA shouldn’t be that hard for Netflix.
Also role dependent, like if you were aiming for Senior Product Manager $300K is definitely do-able.
@Deloitte - why would you think that? Their raises are also really high, so if you were a top performer you’d get better raises.