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Interesting that most here are not counting the cloud businesses of Amazon / Google, but these are important because they are getting built into the foundations of a generation of companies computing infrastructure. It may not be super visible at the moment but this revenue is going to be very durable because the cost of shifting tech stacks is enormous.

Interesting that Microsoft has missed out on being a FAANG (is this just because we cant make the acronym work?) .... they are much more significant than Netflix



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