Jason M. LemkinCEO, SaaStr · Co-Founder of SaaStr AI, SaaStr Fund, Adobe Sign

The Transformation of Tech Careers: From Risky to Rewarding

28 Apr 2024 · 1 min

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0:35

This YouTube video (Jason M. Lemkin) discusses how tech careers shifted during the pandemic from risky and difficult to extremely high reward and low-risk for a period of roughly three to four years. The speaker describes easy pathways to large earnings (warm leads, high sales comp, viral content monetization) and expresses skepticism that the boom will fully return, noting uncertainty about how that dislocation will play out.

Chapters

They can kind of phone it in and make a lot of money. And tech went from one of the, a risky, terrible pain segment to like the best risk reward segment in the economy for, for three years. For three or four years. It was such a good deal. Come out of college, be handed a whole bunch of warm leads at the peak of the, of the pandemic and make 200 grand in sales. I mean, this is, this is an insane world, right? Publish three, three TikToks a week and make 140. Like, I don't think we're going back to that and I don't think those people are, are looking to start a figma. But so I think what will happen with that dislocation remains to be seen.