Private Equity and the Death of Event Tech Innovation

In this episode, we look at the impact of private equity on event tech innovation. Private equity firms have poured resources into the event tech industry, scooping up major players like Cvent, Encore, and others. But at what cost? We share our thoughts on how this influx of capital can lead to consolidation, stifling the creativity and innovation that drive the industry forward. From the rise of one-size-fits-all platforms to the disappearance of niche tools, we reflect on whether the pursuit of profit leaves smaller, groundbreaking companies out in the cold.

But it’s not all doom and gloom, we also understand the opportunities private equity brings, such as scaling new, innovative, tools to serve a broader audience. Still, the question lingers: can private equity balance profitability with fostering innovation? Join us as we debate the pros and cons, and even throw in a Star Wars analogy (yes, the Death Star makes an appearance). Whether you’re cheering for the rebels or siding with the empire, this episode is a must-listen for anyone navigating the evolving event tech landscape.