Gurley cites IPO numbers showing 30 in first half of current year versus five in 2008 and twelve in 2009.
“the number of IPOs, as Michael mentioned, have been 30 in the first half of this year versus five in 'eight and twelve in 'nine.”
Gurley cites current employee engagement at fifteen-year lows with 58% disengaged and some actively undermining organizations.
“58% of people say they're not engaged at work. 15 of those 58 say they're quiet quitting. These are horrible numbers.”
Gurley cites Stanford research showing 40% of people shift away from their college major within four to five years.
“But a lot of people do. There's Dave Evans at Stanford who does the Designing Your Life class and book, you know, they highlight that like four years, five years out, 40% of people are no longer doing the work that was in their major.”
Gurley cites 2023 Gallup poll showing only 23% feel engaged at work, 59% quiet quitting.
“Gallup did a poll in 2023 where only 23% of people feel engaged at work. And they qualified like 59% as quiet quitting.”
Gurley's Wharton survey found six out of ten people would choose a different career if starting over.
“I launched a survey on SurveyMonkey that said, if you could go back and start over, would you would you do a different career? And seven out of 10 people said yes.”
Gurley cites research showing forty percent leave their major field within five years, increasing further at ten years.
“five years after college, forty percent of people are no longer working in the field that was their major. And that number gets bigger at 10.”