CURMUDGUCATION: The Ed Tech Vultures Circle

CURMUDGUCATION: The Ed Tech Vultures Circle

The Ed Tech Vultures Circle

Some ed tech companies and their investors are busily imagining that the coronaviral hiatus may be their Katrina. Natural disaster plus government botch job equals the board being swept clean, allowing players a golden opportunity to move in and clean up.

I see folks on Twitter wondering where Betsy DeVos is, why the USED isn't offering more guidance to schools as they navigate this mess. Could be because this situation suits her just fine, and public schools being shut down is a dream come true.

But while some folks may view this shutdown as a philosophical opportunity, for some it's all about the investment opportunities. Like Katrina's aftermath, vulture capitalism at its finest.

My email is filing up with pitches from more companies than I've ever heard of, all variations on "Your readers (aka our prospective customers) would love to hear about our cool product that is just the thing for dealing with the current pandemic crisis." While I am sure that some companies sincerely believe they have help they can offer at this time, I am equally sure that those companies are not trying to wring a bunch of client-building PR out of it. I'm seeing these pitches because I'm an education blogger at Forbes.com--if these things are coming to me, then the big-time education journalists must be drowning in the stuff.

Then there's this sort of thing. Take a look at this interview over at Goldman Sachs (Motto: "Honest, we haven't done anything to tank the economy, lately"). We're talking to Adam Nordin, whose beat is listed as the "education technology sector" for the Investment Banking Division; his LinkedIn profile says he's a lawyer/CPA, a Partner and Managing Director in the Technology Group, where his main CONTINUE READING: CURMUDGUCATION: The Ed Tech Vultures Circle