FAANG has evolved from the acronym about rising stocks into a term representing companies that pay high salaries in SWE circles.

If you see FAANG+ they might be referring to companies like Data Dog or SalesForce or Crowdstrike, companies that pay extremely well but maybe not as much as Meta or Netflix.

At least that's how I read it.

It means that they don’t work at FAANG.

I’m No longer at a FANG but somewhere that has same pay/perks but I can WFH always!