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" It's more important to have the one million diehard fans than to have 54 million people who aren't necessarily fans, or they might have liked one thing you said or one video. "

Troy Carter

Important

People

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" I'd like to open doors for underserved communities and minorities in entrepreneurship. "

Troy Carter

Open

Entrepreneurship

" Being schooled is the same thing as learning, and you can never be too old to have your coattail pulled when you're wrong about something. "

" There were a lot of stereotypes that I had to break of how people in the entertainment industry do business. "

" The music industry really has to learn a lesson from the tech industry about what scale means at the end of the day and learning how to monetize. "

" With what Enrou was doing with helping women and taking products from local marketplaces, we thought it was really great. "

" Once we started making investments, we realized the same service we provided to artists was applicable to entrepreneurs as well. "

" In order to continue the growth, we have to go back to embracing technology and the way that people choose to consume music. "

" I said, 'Who said African American founders can't build a billion dollar company?' "

" Lady Gaga is phenomenal. From the first day I met her, she was lightning in a bottle. "

" With Gaga - she's not afraid to take chances. You get these dynamic projects because of it. She's completely unafraid. "

" The only two things that ever came naturally to me are music and investing. "

Troy Carter

Music

Things

" In the future, an artist will be able to perform for the entire world in one date. For the fan, it will be a fully immersive experience - through a pair of glasses or whatever the device. "

" I still have a day job, so I don't think I'll be a full-time Shark, but if they ever invited me back, I'd be more than happy to do it. "

" Fifty-one million likes doesn't mean we're going to sell 51m albums or concert tickets. "

" Music is one of those businesses in which, if you're talented and hustle hard enough, you can make it - specifically as an entrepreneur. If you look as far back as Berry Gordy, Russell Simmons, Andre Harrell, L.A. Reid, and Sean 'Diddy' Combs, there's a whole lineage of successful black entrepreneurs who have built their own companies from scratch. "

" That's all I ever wanted to do in my life was music. And because I was a failed artist, I was actually able to help somebody accomplish their dream was, you know, definitely fulfilling. "

" I think piracy itself is going to end up going away. "

Troy Carter

End

Away

" If a kid goes and buys a CD at Best Buy, we have no idea who the person is, how many times they listen to it, or anything like that. "

" Exclusives are bad for artists, bad for consumers, and bad for the whole industry. "

" You're basically competing with the same exact product. Coke and Pepsi are at least in different cans. Lyft and Uber drivers are just swapping out the mustache for the U on the dashboard, depending on which one they're getting the call on. "

" I come from a place where when you shake someone's hand, it is a deal. "

" Music as a whole industry is growing exponentially, but in terms of the actual music file, when you look at the actual value there, to me, 'The Beatles' catalog should be worth more than Spotify. "

" The way consumers interact with music is different now. It's not an albums business anymore; it's a singles business again, and the industry has gone through that before. "

" What's important for that person on the other side of the table, and what's important for the client? "

" People don't buy horses to ride around any more for transportation. I just think the world changes. As a business, we have to make the proper adjustments. "

" Technology is going to play a huge part in tomorrow's music business. And the companies that will win are going to be the most equipped to understand how to use data to further an artist's career. "

" I found a scrap book that my mom had given to me, and inside was a letter that I wrote to myself at age 19. The letter included my goals and dreams for my life, and even then, I was writing about the management company that I built today. "

" I invested in Uber in 2011 when it was only in San Francisco. "

" I bring in the record label who distributes the music. "

" A lot of corporations now have venture arms that are investing in young entrepreneurs or building programs within so you can disrupt yourself internally instead of looking to those external factors. "