Students and teachers were not the only ones to return to class this week.
Nearly a thousand of the education industry’s C-level executives, private equity fund managers and investors gathered at BMO Capital’s “Back to School” conference in New York City. On their syllabus: networking and identifying the latest market trends in the education industry that can drive a company’s growth—and, of course, financial returns.
If ASU+GSV Summit is the edtech industry’s playground for dealmaking, this is the VIP club for its financiers. Few, if any educators were present (ironic, given the back-to-school theme). Instead, bankers and financial analysts showed up in full force. Early-stage education entrepreneurs were also in short supply; word in the halls was that private companies were expected to be making $15 million-plus in revenue to get a formal invite.