💡The Core Problem: You’re Not Invested. You’re Concentrated.
The 2026 Tech Software Crash — What’s Happening Right Now
As of late March 2026, the technology software sector has lost approximately 30% of its value in just three months.
Analysts are calling it an “AI bust” — fear that generative AI will disrupt traditional software subscription models has triggered a broad, sharp sell-off.
📉 US Software Stocks (last 12 months):
→ Atlassian (TEAM): −70%
→ ServiceNow (NOW): −44%
→ HubSpot (HUBS): −45%
→ Salesforce (CRM): −33%
→ Adobe (ADBE): −39%
📉 ASX Tech Stocks (2026):
→ WiseTech Global (WTC): −53%
→ Xero (XRO): −50% in last six months
→ SiteMinder (SDR): −54%
These are not obscure small-caps. These are the companies where tech executives work, earn their salary, and hold their RSUs.
Executives who had a structured sell-down plan 12 months ago diversified out.
They’re still on track.
The ones who were ‘waiting for the right time’
or holding for the 12-month CGT discount
are reading this.
Here’s the thing most executives don’t realise until it’s too late:
Your salary already depends on your employer.
Your career progression already depends on your employer.
Your RSUs mean your wealth also depends on your employer.
That’s three major life inputs tied to one company.
The 2026 tech software crash is a live demonstration of exactly this risk.
WiseTech down 53%. Xero down 50%. Salesforce down 33%.
These corrections are happening right now to companies where tech executives are employed and compensated in equity.
This is concentration risk. And it’s the hidden threat sitting inside most tech exec portfolios right now.