{ "media_type": "text", "post_content": "Is Netflix in FAANG just to make the acronym work?", "post_id": "61645a50107db6002a5f491e", "reply_count": 14, "vote_count": 8, "bowl_id": "55375ce690f5eebe1d2a0f88", "bowl_name": "Tech" }

Is Netflix in FAANG just to make the acronym work?

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No, they are top notch. High bar to get in and they demand the highest performance from their people. Unlike Amazon, there's no arbitrary PIP target. They get rid of all their people who simply "meet expectations". I think it's well engrained in their company DNA that if they get complacent, they will go out of business. That's what happened to Blockbuster, the company they replaced. I got past the recruiter screening but wasn't accepted by the technical team to continue. In my research I got the sense that they operate similar to Tesla/SpaceX as far as running a tight ship and having high expectations.

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Oh yeah for sure Amazon is super toxic lol

This was made to focus on highest returning Tech stocks. Of which, in past 5 years, Netflix is still at 500%+ return while others are at 200-300%. It’s now been co-opted to focus on comp, but even so Netflix is known to offer the highest comp.

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True, I didn't know it focused on returns from stocks!

Lol it definitely does complete the acronym though

Would be kinda awkward without the N

funny

Never thought about that until now haha

Haha, I wondered the same thing at one point. But looking back they have created an entire genre so give credit where credit is due.

Yes.

Haha, I never thought of it that way, but you do make an excellent point. Without the N, the acronym could definitely be taken as offensive.

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