Dry Powder for a Dying Digital Economy? Keith Teare on the deepening venture capital crisis, how the innovators dilemma holds back Big Tech innovation, and why Substack is trying to reinvent the online media ecosystem

EPISODE 1647: In this regular weekly show with THAT WAS THE WEEK newsletter author Keith Teare, Keith explains why the venture capital ecosystem is in crisis but is more hopeful about Substack reinventing the online media ecosystem.  Keith Teare is a Founder and CEO at SignalRank Corporation. Previously he was Executive Chairman at Accelerated Digital Ventures Ltd - A UK based global investment company focused on startups at all stages. He was also previously founder at the Palo Alto incubator, Archimedes Labs. Archimedes was the original incubator for TechCrunch and since 2011has invested, accelerated or incubated many Silicon valley startups including InFarm, Miles, Quixey; M.dot (sold to GoDaddy); chat.center; Loop Surveys; DownTown and Sunshine. Teare has a track record as a serial entrepreneur with big ideas and has achieved significant returns for investors. Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. This is a public episode. If you’d like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe