It's perplexed me, as well. What I've learned over the years with my current company may have an insight. When I joined, we were 50-100 employees. The tech was good. Revolutionary, in it's context and industry. We were actually doing something useful and good and positive for other people. In the last 3 years, however, we have seen tremendous growth. We're now closer to 300 employees, if not more. The tech is less revolutionary. We're now in an innovation through acquisition phase.

What I see is: most of this new cohort has _no_ idea what our business is and they are overwhelmingly concentrated in middle management.