---
title: "The Core Problem: You’re Not Invested. You’re Concentrated"
url: "https://deltafinancial.com.au/4/rsu-playbook/37/the-core-problem-you-re-not-invested-you-re-concentrated"
---

## 💡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.