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Comment by noud | Hacker News Reader

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noud·

> What OpenAI really wants

1. Get lots of users; 2. monetize everything; 3. go public; 4. sell all shares and get super rich?

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That's if they are not ambitious. Might also be trying to become the new Google, or at least put the O in MANFANGO.

Jesus, can we find a phrase like "tech giants", rather than changing the acronym according to the stock market?

I typically use "F100" or "F500" to refer to the space of all large corporations. This feels to me like a happy blend between explicit naming and including everyone with an LLC.

I think the difference there is that FAANG+ refers explicitly to tech companies, rather than things like Exxon or whatnot.

Reminds me of 2SLGBTQ+

Lol I did always wonder how Netflix qualified for FAANG but little ol' Microsoft didn't.

higher comp at Netflix

FAANG was coined by Jim Cramer, a stock pundit. It was the five biggest tech earners that year. Microsoft was flat which is why it wasn't there, while Netflix was the single biggest gainer in the S&P500 that year.

It has nothing to do with tech, salary, talent, or anything like it. It's purely based on stock growth in 2012/2013.

> Microsoft was flat

How the turn tables

FANMANGO. has mango

It's fairly striking how okay it is to simply paint someone with power in any corner you please. You can basically make any claim you want, and be just fine with it, societally.

I also notice, how the effortlessness with which it is done increasingly provides a solid estimate for how lame the painters are.

That's a very florid unsubstantiated ad-hominem. You could at least attempt to refute the actual claim being made. Several of OpenAI's "founding donors" feel burned by the taking-it-private shenanigans, so it's not exactly an outlandish take.

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