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Ever since I graduated I have worked in technology, SAAS (B2B) specifically I am 27 year old- Male, SAAS (B2B) specifically. I just accepted an offer to leave one of the hottest companies in the Bay (Went from 400 mil (2.5 Years ago, when I started) to 6 Billion today), I work in sales and have now been a part of 3 unicorns in the last 5 years. (All of them I started as an employee when they were small, 1 is worth 1.3B another worth 8B) Here is Why I believe this trend is likely to continue and why: Economic climate: the money being ploughed into tech startups and co's has not only grown but grown by 100% YoY see here: https://news.crunchbase.com/news/global-vc-funding-h1-2021-m...
-Tech companies are the predominant receipent of these VC $$$. Mindfulness/Actualization: I would say I am satisfied with my current job but the past 18 months brought about the perfect storm, I moved from SanFran to a small town in WA with no friends or family close by- so I had a lot of time to think and introspect. Secondly, I lost ever $ I saved since I started working ($392k to be precise)... this loss, helped me understand the real value of money- what it is worth and what it isn't, having some money saved aside- will no bring you happiness but losing it- will definitely lead to a reduction in happiness.
- This leads me my hypothesis on why, this trend is happening at large and now, people introspect their lives and realized "good enough" is really not good enough- it made them yearn for more, more in some cases meant money or a higher title- like it did for me. Emptiness Syndrome: This is my own coinage, the way I would describe this as is trying to understand the meaning of life, what is it- just getting paid enough to stay fed, to afford rent and then what? A lot of folks started to search for a meaning to their lives... See google trends on "meaning of life" and "Suicide hotline number". These 3 powerful forces, created the perfect amalgamation for the "great resignation" - Companies with a shit ton of money, -People having time to introspect, and the Emptiness syndrome. PS. These are the ramblings of a 27 year old, single guy with nothing to watch on netflix and nothing better to do at 2.31am at night on a Saturday. |