Earlier quoted context omitted.
>I usually use FAAMG instead of FAANG because I don't understand what Netflix is doing in there. FAANG is about the pay, not the prestige of the company. They pay so far above the rest of the market that they are really only competing for talent with themselves. Average total comp at Netflix is well north of $500k for an individual contributor.
Then does Amazon belong there? I didn’t get the impression it’s at the level of the others, but closer to Microsoft.
- MS: $185k
- Amazon: $230k
- Google: $267k