Amit Patel and Brian Smiga discuss the origin story of Owl Ventures, founded in 2014 in response to major shifts in education technology infrastructure and consumer behavior. They cover key trends that enabled the rise of edtech, including the expansion of broadband in U.S. schools and the availability of affordable devices like Chromebooks. Amit shares his unique career journey, starting in film and theatre before pivoting to a career in venture capital.

In this episode of Driving Alpha, host Brian Smiga interviews Amit Patel, Managing Director at Owl Ventures, the world's largest venture capital firm focused on education technology. Amit has been instrumental in shaping Owl Ventures' strategy and has led investments in top edtech companies like Codecademy, RaiseMe, and Amira Learning. With deep experience across operations, strategic partnerships, and firm building, Amit shares his insights on the growth and evolution of the edtech sector.

Here’s a glimpse of what you’ll learn:

• 00:00 Introduction and Guest Welcome
• 00:16 Amit Patel's New York Journey
• 01:25 The Origin Story of Owl Ventures
• 02:47 Education Technology Evolution
• 06:33 Global Expansion and Investments
• 13:29 Focus on Outcomes and Efficacy
• 16:19 Key Ingredients for Successful Startups
• 22:21 AI in Education
• 27:01 Emotional Impact and Success Stories
• 28:30 Conclusion and Final Thoughts

In this episode…

Host Brian Smiga interviews Amit Patel, Managing Director at Owl Ventures, the world's largest venture capital firm focused on education technology. Amit has been instrumental in shaping Owl Ventures' strategy and has led investments in top edtech companies like Codecademy, RaiseMe, and Amira Learning. With deep experience across operations, strategic partnerships, and firm building, Amit shares his insights on the growth and evolution of the edtech sector.

The conversation highlights Owl Ventures' global investment strategy and the firm's emphasis on building an international portfolio. Amit talks about how the need for high-quality education worldwide has driven their global expansion, with recent investments in Asia and Europe. He explains their approach to assessing startups, focusing on business fundamentals, team strength, and measurable learning outcomes.

They delve into the role of AI in education, exploring how generative AI is transforming personalized learning experiences. Amit emphasizes the importance of leveraging AI to assist teachers, freeing them up for more impactful one-on-one interactions with students.