The Tech Edvocate

Top Menu

  • Advertisement
  • Apps
  • Home Page
  • Home Page Five (No Sidebar)
  • Home Page Four
  • Home Page Three
  • Home Page Two
  • Home Tech2
  • Icons [No Sidebar]
  • Left Sidbear Page
  • Lynch Educational Consulting
  • My Account
  • My Speaking Page
  • Newsletter Sign Up Confirmation
  • Newsletter Unsubscription
  • Our Brands
  • Page Example
  • Privacy Policy
  • Protected Content
  • Register
  • Request a Product Review
  • Shop
  • Shortcodes Examples
  • Signup
  • Start Here
    • Governance
    • Careers
    • Contact Us
  • Terms and Conditions
  • The Edvocate
  • The Tech Edvocate Product Guide
  • Topics
  • Write For Us
  • Advertise

Main Menu

  • Start Here
    • Our Brands
    • Governance
      • Lynch Educational Consulting
      • Dr. Lynch’s Personal Website
      • Careers
    • Write For Us
    • The Tech Edvocate Product Guide
    • Contact Us
    • Books
    • Edupedia
    • Post a Job
    • The Edvocate Podcast
    • Terms and Conditions
    • Privacy Policy
  • Topics
    • Assistive Technology
    • Child Development Tech
    • Early Childhood & K-12 EdTech
    • EdTech Futures
    • EdTech News
    • EdTech Policy & Reform
    • EdTech Startups & Businesses
    • Higher Education EdTech
    • Online Learning & eLearning
    • Parent & Family Tech
    • Personalized Learning
    • Product Reviews
  • Advertise
  • Tech Edvocate Awards
  • The Edvocate
  • Pedagogue
  • School Ratings

logo

The Tech Edvocate

  • Start Here
    • Our Brands
    • Governance
      • Lynch Educational Consulting
      • Dr. Lynch’s Personal Website
        • My Speaking Page
      • Careers
    • Write For Us
    • The Tech Edvocate Product Guide
    • Contact Us
    • Books
    • Edupedia
    • Post a Job
    • The Edvocate Podcast
    • Terms and Conditions
    • Privacy Policy
  • Topics
    • Assistive Technology
    • Child Development Tech
    • Early Childhood & K-12 EdTech
    • EdTech Futures
    • EdTech News
    • EdTech Policy & Reform
    • EdTech Startups & Businesses
    • Higher Education EdTech
    • Online Learning & eLearning
    • Parent & Family Tech
    • Personalized Learning
    • Product Reviews
  • Advertise
  • Tech Edvocate Awards
  • The Edvocate
  • Pedagogue
  • School Ratings
  • How Machine Learning Will Transform the Classroom

  • Milestones of Development: Everything You Need to Know

  • Partnerships Between IT and Physical Security Improves Campus Security

  • Tips for Using Twitter in the Classroom

  • Writing and Reading Goals For the First Grade: Everything You Need to Know

  • Trends That Will Help Your EdTech Startup Succeed

  • Why Cultural Appropriation is Wrong

  • Differentiated Reading Instruction: Everything You Need to Know

  • 13 Ways to Differentiate Instruction

  • Assessing Your Students’ Reading Progress: Everything You Need to Know

EdTech Startups & Businesses
Home›EdTech Startups & Businesses›Massive Hiring and Massive Firing: The Ups and Downs of the Volatile Edtech market

Massive Hiring and Massive Firing: The Ups and Downs of the Volatile Edtech market

By Matthew Lynch
October 8, 2019
0
Spread the love

Edtech is a huge market. In 2018 alone, edtech startups raised over $1.45 billion. And while it may sound like the most lucrative and important market of today, edtech is hard to work in the environment. In fact, there is a very high turnover and edtech companies are constantly hiring and firing employees as they try to make the company profitable. So, why is that?

The problem with edtech

Right now, edtech sounds like a dream come true. However, it really hasn’t been implemented as well as it could have been. For one, teachers are still struggling with incorporating tech that they are unfamiliar with. When they got their teaching credentials, edtech wasn’t as large of a market, and each edtech company is different. Though teachers may be familiar with a piece of tech, like iPad, they may be unfamiliar with how to use them in relation to their students.

Plus, the most profitable edtech companies do not work with schools at all. They are home-based extracurriculars that can be taught with the help of parents. Edtech is a hard industry to implement throughout schools because it needs to be personalized to each individual district due to the rules and regulations. 

In addition to these already massive problems, there is a lack of communication between edtech developers and teachers. What may sound like a problem to teachers may not really be one. However, without speaking to the teachers on a local level, developers would never know that.

Why the market is up and down

Edtech is a relatively new industry. There have been a lot of startup companies with the hope of changing education for the better. However, most of these companies do not succeed. A few years ago, the funding was much less and spread out amongst many companies. That has now changed. There has been more funding in a year, but fewer deals made, meaning that the massive amounts of funding are only going to a few companies.

As edtech companies try to grow and make a profit, there is a high turnover rate. It should reach over $200 billion by 2020, so why the lag? Everyone is hoping to secure the next best person, and when profits are down or not where corporate wants them to be, people get laid off or replaced. This continues, which leads to more failure in the edtech industry. Without a consistent and solid employee base, companies have a hard time growing because they are constantly training new employees.

Many people want to work in edtech, but they don’t realize how volatile an industry it is. It can be a harsh market when corporate interests outweigh the ideals of changing education. Until a company turns a profit, there will always be corporate leaders pushing for a change in employees.

Concluding thoughts

Edtech is still a great industry, and the hope is that it will change the education market for good. But, until the issues within the market are solved, edtech will continue to be a volatile market to work and invest in.

Previous Article

Using Digital Learning to Transform Specialty Schools

Next Article

How Corporate Interests Are Destroying the Edtech ...

Matthew Lynch

Related articles More from author

  • EdTech & InnovationEdTech Startups & Businesses

    10 Edtech Accelerators and Incubators that You Should Know About

    April 13, 2018
    By Matthew Lynch
  • EdTech Startups & Businesses

    What Edtech Companies Can Learn From Kindergarteners

    August 13, 2018
    By Matthew Lynch
  • EdTech Startups & BusinessesFeaturedFresh

    Why Aren’t There More Minority Owned Edtech Companies?

    November 8, 2018
    By Matthew Lynch
  • EdTech Startups & Businesses

    Want to Make it in The Edtech Sector? Try Creating Original Products

    February 19, 2018
    By Matthew Lynch
  • EdTech Startups & BusinessesOnline Learning & eLearning

    Using Nudge Theory in Your Corporate Online Learning Classes

    December 17, 2020
    By Matthew Lynch
  • EdTech Startups & Businesses

    The World’s Best Cities for Tech Startups

    February 27, 2019
    By Matthew Lynch

Leave a reply Cancel reply

Search

Login & Registration

  • Register
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Newsletter

Signup for The Tech Edvocate Newsletter and have the latest in EdTech news and opinion delivered to your email address!

  • Recent

  • Popular

  • Comments

  • How Machine Learning Will Transform the Classroom

    By Matthew Lynch
    January 27, 2023
  • Milestones of Development: Everything You Need to Know

    By Matthew Lynch
    January 27, 2023
  • Partnerships Between IT and Physical Security Improves Campus Security

    By Matthew Lynch
    January 26, 2023
  • Tips for Using Twitter in the Classroom

    By Matthew Lynch
    January 26, 2023
  • Writing and Reading Goals For the First Grade: Everything You Need to Know

    By Matthew Lynch
    January 26, 2023
  • 20 Top Virtual Reality Apps that are Changing Education

    By Matthew Lynch
    March 11, 2017
  • 7 Ways Technology Is Impacting Modern Education

    By Matthew Lynch
    March 4, 2017
  • Why Mobile Technology Enhances Instruction

    By Matthew Lynch
    December 14, 2016
  • 7 Roles for Artificial Intelligence in Education

    By Matthew Lynch
    May 5, 2018
  • Digital Literacy is the Most Important Lifelong Learning Tool

    By Matthew Lynch
    December 30, 2017
  • Where to Find Dyslexia Support for Adults - Case Training Services | Registered Charity #1051587
    on
    August 2, 2022

    11 Must-Have Apps and Tools for Dyslexic Students

    […] recorders Electronic flashcards ...
  • What Types Of Posts Can You Make In Google Classroom? - The Tech Edvocate - Gossip ...
    on
    July 31, 2022

    How to Integrate Google Classroom with the Power of YouTube

    […] of your posts. ...
  • Answers to Frequently Asked Questions About Google Classroom - The Tech Edvocate - Gossip Buz
    on
    July 31, 2022

    Answers to Frequently Asked Questions About Google Classroom

    […] Answers to Frequently ...
  • 10 Important YouTube Channels For Teachers - Kiiky Wealth
    on
    July 29, 2022

    10 Incredibly Useful YouTube Channels for Teachers

    […] Thetechedvocate.org – 10 Incredibly ...
  • Teaching Learners Digital Content Curation Skills - Fab Lab Connect
    on
    June 30, 2022

    Teaching Learners Digital Content Creation Skills

    […] Read More… […]

EdTech Policy & Reform

  • Curriculum & InstructionEdTech Policy & ReformEducation Leadership

    Why We Should Leave Behind the Cookie-cutter Education

    Spread the loveChange appears to be the only “constant” factor in the educational field. However, what happens when a more significant shift becomes necessary? To provide students with the best ...
  • Adaptive LearningCurriculum & InstructionDigital & Mobile TechnologyDigital Age TeachersEarly Childhood & K-12 EdTechEdTech & InnovationEdTech Policy & ReformInstructional Technology

    Exploring New Ideas: Student-Driven Remote Learning

    Spread the loveRemote learning is taking its toll on our students. They miss the social side of school. Not seeing their classmates or teachers is leading to nervousness, anxiety, and ...
  • Digital & Mobile TechnologyEdTech & InnovationEdTech Policy & Reform

    Implementing Education Technology by Pursuing Technology Education

    Spread the loveTechnology is used for many great things in our world. It’s a powerful tool when used correctly. As such, this powerful tool can be used to transform learning.  ...
  • EdTech Policy & Reform

    How Much Bias Is Okay in Your School?

    Spread the loveThe algorithm has proven itself to be a handy tool when it comes to solving education problems. It’s also not without bias.  You may be wondering how some ...
  • EdTech Policy & ReformFeaturedFresh

    Edtech Should Complement Good Pedagogy, Not Attempt to Replace It

    Spread the loveThe newest generation of edtech is downright amazing; it’s no wonder that various education stakeholders might be a little excited about its potential to transform education. However, edtech ...

EdTech Startups & Businesses

  • EdTech Startups & Businesses

    Trends That Will Help Your EdTech Startup Succeed

    Spread the loveIf you want to thrive in the destiny of learning and self, shorten, tailor, and gamify. The bulk of EdTech businesses believes that digitizing conventional learning methods and ...
  • EdTech Startups & Businesses

    How to Sell Your Edtech Product

    Spread the loveDevelop a profile of the perfect consumer, target clients that meet that description, and plan on a long sales cycle. Selling to schools takes a different sales process ...
  • EdTech Startups & Businesses

    Edtech Companies Can Learn What Not to Do From Delta Airlines

    Spread the loveIt seems that edtech companies still have a lot to learn about their business models and practices. With that being said, there is a lot they can learn ...
  • Digital LeadershipEdTech Startups & BusinessesProduct Reviews

    Product Review of Collegix

    Spread the love This is a comprehensive ERP solution for colleges and universities that provides modular, totally integrated learners services, finance, HR, and advancement. Collegix provides online and offline workarounds ...
  • Early Childhood & K-12 EdTechEdTech Startups & BusinessesProduct Reviews

    Product Review of Discovery Education

    Spread the love Discovery Education is a big player in EdTech. The company has established itself as the leading provider of digital curriculum resources, digital content, and professional development for ...

Digital Equity

  • Digital Equity

    How to Create an Equitable Digital Culture in K–12

    Spread the loveDigital equity is vital in our schools. After all, it can help close the achievement gap. However, there is one prevalent problem concerning digital equity. That is the problem ...
  • Digital & Mobile TechnologyDigital EquityDigital Literacy

    Teaching Learners Digital Content Creation Skills

    Spread the loveContent curation is nothing new and has always been a coveted skill. It has been this way for hundreds of years — think of art galleries, museums, or ...
  • Digital & Mobile TechnologyDigital EquityEdTech & Innovation

    Promoting Online Access With Hotspots, Laptops, and Planning

    Spread the loveWhen becoming a leader in the field of education, it is important to consider equity. Some students may not have access to devices or the internet from their ...
  • Digital EquityDigital Leadership

    How Can You Assess the Tech Needs of Your Students Outside of School?

    Spread the loveToday, I received an email from the middle school principal in Los Angeles. She explained to me that the school that she ran was in one of the ...
  • Digital Equity

    It Is Time for the Edtech Industry to Stop Denying Its Equity and Race Problem

    Spread the loveThe EdTech industry is dominated by white employees, white leaders, and white entrepreneurs. If you doubt this statement, just attend an Edtech conference. Admittedly, educators and others don’t ...

EdTech Futures

  • EdTech Futures

    The IT Investments Securing the Future of Higher Education

    Spread the loveThe future of higher education still seems uncertain after the massive disruptions of the last two years. Universities and colleges are struggling with budget difficulties amid cybersecurity threats. ...
  • Adaptive LearningAssistive TechnologyEdTech FuturesInstructional TechnologyTeachers

    Will AI Replace Teachers?

    Spread the loveThrough the years, robots have taken over many jobs. First, they replaced horses and wagons and horses and plows, then they started to replace people. A few examples ...
  • EdTech FuturesHigher EducationHigher Education EdTechUncategorized

    The Future of Higher Education Must Avoid Returning to the Past

    Spread the loveColleges and universities can make higher education safer, smarter, and more accessible through automation and collaboration technologies – if they commit to it. Author: John Hulen, Director of ...
  • EdTech FuturesOnline Learning & eLearning

    IT Trends To Watch As Higher Education Moves Into a New Decade

    Spread the loveEdtech couldn’t have hoped for a better launch into the new decade than the push the industry received from COVID-19. Even the most tech-resistant institutions and individuals have ...
  • EdTech Futures

    4 Emerging EdTech Trends in 2022

    Spread the loveCovid-19 has not only changed education as we know it, but it has forced education technology (EdTech) to up its game. EdTech has been crucial since the start of this ...

About Us

Since technology is not going anywhere and does more good than harm, adapting is the best course of action. That is where The Tech Edvocate comes in. We plan to cover the PreK-12 and Higher Education EdTech sectors and provide our readers with the latest news and opinion on the subject. From time to time, I will invite other voices to weigh in on important issues in EdTech. We hope to provide a well-rounded, multi-faceted look at the past, present, the future of EdTech in the US and internationally.

We started this journey back in June 2016, and we plan to continue it for many more years to come. I hope that you will join us in this discussion of the past, present and future of EdTech and lend your own insight to the issues that are discussed.

Newsletter

Signup for The Tech Edvocate Newsletter and have the latest in EdTech news and opinion delivered to your email address!

Contact Us

The Tech Edvocate
5322 Markel Road, Suite 104
Richmond, VA 23230
(601) 630-5238
[email protected]

Follow us

Copyright © 2023 Matthew Lynch. All rights reserved.