Each year, every Silicon Valley VC you follow on X sets their out-of-office message and jets off to the dusty Nevada desert.
Or at least they used to.
The festival, which kicks off Aug. 25, is seeing a decline in interest:
San Francisco retailers that cater to Burning Man attendees have also noticed the decline, with some reporting a 20%-25% drop in sales.
A lot of things, probably.
First, the event was canceled in 2020 and 2021 due to the pandemic. In 2022, temperatures in the desert reached a record-breaking 103 degrees Fahrenheit. Then, in 2023, floods left 80k people stranded in a muddy desert.
Plus, attendee demographics are shifting: The median personal income of a Burning Man attendee rose from $51.1k in 2013 to $71.5k in 2019.
Scorching temps and wealthier guests mean a lot of power used on staying comfortable:
The environmental impact adds tension for an event that promises to “leave no trace” and has a goal of being carbon negative by 2030.
If you are still planning your pilgrimage to the desert this year, a little OOO lore before you go: The Burning Man logo was the first-ever Google Doodle.