Don Graham, former publisher of the Washington Post, was there, discussing how to help immigrant students go to college. As was retired United States Supreme Court Justice — and first female justice — Sandra Day O’Connor, arguing in favor of affirmative action.
Jeb Bush, former governor of Florida and brother to President George W. Bush, extolled the virtues of school choice, and Netflix CEO Reed Hastings offered up some advice for ed-tech entrepreneurs.
An ed-tech bubble?
The world of educational technology is massive, and keeps getting bigger. The summit itself has grown tremendously in its five years — from a few hundred participants in 2008 to 2,000 participants in 2014.
Ed-tech was a $1.1 billion industry last year. In just the first quarter of 2014, ed-tech start-ups alone raised more than $500 million.
At the summit, Jonathan Harber, Jonathan Grayer and Chris Hoehn-Saric all agreed that there is an ed-tech bubble, and that we’re in it now. At the same time, they said they weren’t sure if the bubble would burst any time soon, and the bubble can actually be a positive thing for now.
“It brings a lot of talent in,” Grayer said.