
Theres no doubt that the coronavirus has had a monumental impact on the way we view technologys relationship with education.
For now, students are learning from home.
But what happens when they return to school?Picking up where we left off in last weeks survey, we asked top investors in the space for their predictions on what is ahead once life resumes to its new normal.
One investor mentioned how in March, they spent a third of their time in edtech.
Now, theyre spending almost all their time vetting startups there.
Another said that the sector has always been underfunded.
Time will tell if venture capitalists become more bullish on the sector, and more importantly, if adoption from schools with strict budgets becomes more lenient.A harsh statistic sums the dynamic of adoption and investment pretty well: according to Tetyana Astashkina and Jean Hammond of Learn Launch, less than 5% of the $1.6 trillion spent on education in the United States is attributed to edtech.
Lets see if other investors think that percentage will shift forward after the pandemic ceases.Jenny Lee, GGVTetyana Astashkina, LearnLaunchJean Hammond, LearnLaunchMarlon Nichols, MaC Venture CapitalMercedes Bent, Lightspeed Venture PartnersJennifer Carolan, Reach CapitalShauntel Garvey, Reach CapitalJan Lynn-Matern, Emerge EducationTory Patterson, Owl CapitalIan Chiu, Owl CapitalTony Wang, 500 StartupsTheir responses have been edited for length and clarity.