The acronym has nothing to do with average developer salaries, for there are lot... | Hacker News

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		finolex1 on Dec 4, 2021 \| parent \| context \| favorite \| on: The FAANG Market Is Fading The acronym has nothing to do with average developer salaries, for there are lots of other contenders that pay more.

anamexis on Dec 4, 2021 [–]

Developer salaries is the only context I’ve ever understood it with.

clpm4j on Dec 4, 2021 | [–]

Originally it was about the companies' high performing stocks. The salaries are a downstream effect, and then it just got adopted by the salary-optimizing crowd of engineers and college students.

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