There's a lot of artists whose contracts are written in such a way that they do not get paid for what's happening on streaming services.
It’s not cool. I think being a wealthy member of the establishment is the antithesis of cool. Being a countercultural revolutionary is cool. So to the extent that you’ve made a billion dollars, you’ve probably become uncool.
I've been doing a hybrid of investing and entrepreneurship, which I think initially I wasn't set out to do. But I realized it fit my personality.
The market is ridiculously overcrowded with early stage investors. This results in a talent drain, where the best talent gets diffused and work for their own startups.
Ever since Napster I've dreamt of building a product similar to Spotify.
I had a desire to prove to myself that I was actually in control - that I wasnt a puppet.
You actually don't want people thinking your product is cool, because then you're a fad.
At the end of the day, money is just a proxy for votes. That is what makes politics so vulnerable to social media.
In truth the social media elements of the Obama campaign, while extremely innovative, did not produce a lot of results.
I think Facebook's biggest problem is the glut of information that Facebook's power users are overwhelmed with.
The leader of a company needs to have a decision tree in his head - if this happens, we go this way, but if it winds up like that, then we go this other way.
One of the difficulties in living the lifestyle I lead is that it is hard to get my friends in one place.
What comes after the revolution is inevitably bureaucracy. Whoever wins the revolution builds a bureaucracy
Spotify is returning a huge amount of money. We'll overtake iTunes in terms of what we bring to the record industry in under two years.
There's definitely some sort of dissent brewing between record labels, publishing companies and artists [about the compensation they get from streaming services] Spotify is returning a HUGE amount of money [to the record labels]. If we continue growing at our current rate in terms of subscriptions and downloads, we'll overtake iTunes in terms of contributions to the recorded music business in under two years.
Gray hats are the ones who think they're doing good, but they're not. You learn that when the FBI shows up on your doorstep.
Solving specific problems is what drives me. I am not interested in having a career. I never have been.
There's definitely some sort of dissent brewing between labels, publishing companies and artists. A lot of it has to do with older licensing schemes.
It would be incredibly presumptuous and self-serving of me to believe that Facebook was the end of history. The only way it could possibly be the end of history is if it becomes some sort of artificial super intelligence that takes over the world.
