Edtech used to be this sleepy, backwards corner of the
technology industry where idealistic entrepreneurs with fantastic ideas and
even fantastic products would try to make enterprise sales to impossible educational
bureaucracies – I saw this firsthand when I sat on the Wharton Technology Advisory
Board, and we were relatively one of the best technology organizations out there - only to burn out or sell for disappointing outcomes in the best cases.
In recent years though a couple of factors have pushed ed-tech forward to the point where LinkedIn would pay $1.5Bn to acquire Lynda.com: