Troy Carter Quotes

What's most revolutionary about Uber is not the tool that consumers use but the fact that the only equipment needed by its drivers is their iPhone.

Early investors in Uber and Airbnb, though they remain private companies, have valued them at stratospheric multiples based largely on the notion that Uber will transform and dominate local transportation and Airbnb will revolutionize the hotel industry.

Relative to the taxi industry, Uber is a sustaining innovation; that is, it makes customers' lives better. Uber targeted mainstream markets with a better service for existing customers, and it succeeded in serving them better than the incumbents.

Lyft is the fastest-growing on-demand transportation service in the United States. It's as easy as opening the Lyft app, clicking a button, and a driver arrives within minutes.

Uber, like Google, is taking a highly disorganized business - in its case, private transportation such as taxicabs and private limousines - and ordering it neatly.

Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate.

Uber exists because of mobile telephones.

With tough interpretation of taxi and zoning regulations, neither Uber nor Airbnb would have gotten started. By the time many cities recognized their existence, both were fairly large and had the political support of their customers.

Uber is a company that is redefining the transportation industry on a global basis; to be part of that story is something that is interesting and would be a real privilege.

Uber was probably the perfect inflection point of a world that is changing so fast in terms of consumers that are... pushing that button and using the mobile phone as the remote control for their life.

There's nobody who has as big of a real-time logistics network than Uber.

We need a wireless mobile device ecosystem that mirrors the PC/Internet ecosystem, one where the consumers' purchase of network capacity is separate from their purchase of the hardware and software they use on that network. It will take government action, or some disruptive technology or business innovation, to get us there.

Innovation is hard. It really is. Because most people don't get it. Remember, the automobile, the airplane, the telephone, these were all considered toys at their introduction because they had no constituency. They were too new.

When we first invested in Red Hat, it was thought to be totally insane. When we funded MySQL, it was only partly insane.

We often hear people talk about the concept of 'uberization,' where a new technology completely turns an industry on its head and forces us to rethink the way things have always been done. No industry will remain untouched by these forces.

I think that's where the world is going. People will not own cars; they'll have a service that takes them where they want to go, when they want to go there. And that's what Uber is.

SpaceX is very unusual. I don't know of any other startup where the founder put in $100 million of his own money before looking for any outside capital. They have wildly exceeded any reasonable expectations.

I think a lot of folks feel like Uber was a company they missed out on. Sequoia passed on us three times.

There's hundreds of millions of people that are card members at AmEx - all of them should be using Uber.

The emergence of Uber X was really the most important pivot maybe in the history of Silicon Valley. It's a vast majority of Uber's revenues, and so that flexibility and the rapid growth and the fighting the battles, it's all Travis. You can't take any credit away from him.

Transportation is going to transition from ownership to transportation as a service. What is the best model to address the largest part of that market? We believe it's peer-to-peer.

Beyond helping people have a richer social life, Uber's also a model of collaborative commerce and efficiently tackling excess capacity.

Airbnb is creating a new marketplace for space and is facing many of the challenges that eBay faced back in 1998 when they created a new marketplace for goods.

Uber sees ride-sharing as a winner-takes-all war and subsequently is willing to offer below-market prices in a bid to crowd out the competition.

Uber is a good car service, and that's exactly what they were when we launched.