64% and Counting: America's Venture Capital Dominance

64% and Counting: America's Venture Capital Dominance

Author: Andrew Keen January 25, 2026 Duration: 34:50
Podcast episode
64% and Counting: America's Venture Capital Dominance


One of the most bracing presentations at DLD this year was given by Crunchbase's data queen Gene Teare. Breaking down America's VC dominance, Teare's speech might have been entitled "64% and Counting." As Teare told Keith and me in a special Teare family edition of our regular That Was The Week show, the VC gap between Europe and America is only getting wider. From 2014 to 2023, US share of global venture dipped below 50%. But in 2025, it roared back — with nearly two-thirds of all global VC flowing to America. The foundation model funding disparity tells the story: OpenAI raised $40 billion last year, Anthropic $17.5 billion. The top French AI company? $2 billion. Oh mon Dieu.

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Keen On America is a sharp, fast-moving podcast hosted by author and commentator Andrew Keen. Known for asking impertinent questions, Keen cross-examines some of the world’s most thoughtful voices on politics, economics, history, culture, the environment, and technology. Each episode digs beneath headlines and hype to uncover what is really shaping America today and how those forces connect to global change. Listeners can expect challenging conversations rather than easy talking points, as Keen presses guests to explain not just what is happening, but why it matters and what might come next. Whether you are trying to make sense of polarized politics, rapid technological disruption, or shifting social norms, this show offers a bracing, critical lens. Tune in and listen episodes of Keen On America to hear Andrew Keen interrogate the ideas and assumptions that define contemporary American life.
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