Business Quote by Troy Carter

“I invest in black-led startups not because of a sense of charity. I make those investments because of the basic principle of supply and demand and the reality that black entrepreneurs typically lack the network to have their deals become bid up and overvalued.” quote by Troy Carter — Download Open image

“I invest in black-led startups not because of a sense of charity. I make those investments because of the basic principle of supply and demand and the reality that black entrepreneurs typically lack the network to have their deals become bid up and overvalued.”

Troy Carter

About This Quote

Source Interview: Forbes, Troy Carter, 2022

Investing in underrepresented founders addresses market inefficiencies and promotes equity.

In simple terms: Support black entrepreneurs for fairness and profit.

Key Takeaway

Invest where opportunity and impact meet.

Themes

diversity entrepreneurship market dynamics

Mood

optimistic strategic

Type

inspirational business

When to use this quote

venture capital
startup mentoring
network building
policy advocacy

Key Concepts

economics social justice

Questions to Reflect On

How can investors foster inclusive ecosystems?
What barriers still hinder black founders?

A Different Perspective

Success depends on broader systemic change beyond individual deals.

★ ★ ★ ★ ★ 4.0 out of 5 (5 ratings)

Black Entrepreneurs Business Charity Entrepreneurs Typically Entrepreneurship Generosity Invest Invest Black Investing Make Investments Principle Reality Sense Supply and demand Up

More by Troy Carter

I think overall, and this isn't specific to Spotify or any streaming service or any label... when you consider the overall value chain of…

Troy Carter

Image

It isn't that every company is going to be successful. The law of averages shows that 80% of companies are going to fail.

Troy Carter

Image

In the future, an artist will be able to perform for the entire world in one date. For the fan, it will be a…

Troy Carter

Image

Hustle is simple - it's doing the work. A lot of people like to talk about it, a lot of people have ideas, but…

Troy Carter

Image

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

Troy Carter

Image

People are experimenting with streaming, with subscription services, whether it's a Spotify or a Pandora or a Rdio.

Troy Carter

Image

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…

Troy Carter

Image

As we look at Hollywood and the controversy around the Oscars, it goes back to the voting block and the lack of people who…

Troy Carter

Image

To me, mentorships and internships are two big pillars in business development. I believe in having multiple mentors.

Troy Carter

Image

If you wake up in the morning and your favorite artist isn't on the service that you're paying ten dollars a month for, sooner…

Troy Carter

Image

When you sit down with Zynga and Google, and they talk about billions of impressions, you think, music has way more of an emotional…

Troy Carter

Image

When we look at transportation in America, there's going to be companies like Magic Bus, where you have these private bus fleets. You're going…

Troy Carter

Image

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…

Troy Carter

Image

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

Troy Carter

Image

I'm from the streets, so I look at investing through a very unique lens.

Troy Carter

Image

Explore all 110 Troy Carter quotes

More Business quotes

Companies with cultures that celebrate diverse opinions and encourage the exchange of ideas have an advantage when solving difficult problems. A company that doesn't…

Doug McMillon