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You have to travel globally today to know what's going on and maintain an edge.
Yuri Milner
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Yuri Milner
Age: 62
Born: 1961
Born: November 11
Entrepreneur
Physicist
Moscow
Russian SFSR
Yuri Borisovich Milner
Yuri Bentsionovich Milner
Globally
Maintain
Edge
Edges
Travel
Today
Going
More quotes by Yuri Milner
Facebook now is mostly about people you know. In the future it could be about people you know less but are more important.
Yuri Milner
Big Internet companies on average are capable of generating revenue of $1 million per employee, and that compares to 10 to 20 percent of that which is normally generated by traditional offline businesses of comparable size.
Yuri Milner
Russia is one of the places where significant presence of social networks are driven by domestic players right now.
Yuri Milner
Facebook is at the forefront. It's the company that can fundamentally change the way information is being exchanged and processed. It can be the basis for artificial intelligence to develop over time.
Yuri Milner
The company that creates one global social graph will be very important going forward. It will be Facebook, with maybe 2-3 local social networks able to sustain competition long term.
Yuri Milner
The problem is that modern fundamental physics is so far from you and me. The mathematics has become so much more complicated that you need at least 10 years to understand it. Fundamental physics has advanced so far from the understanding of most people that there is really a big disconnect.
Yuri Milner
I have invested in four social networks. More than any other. But that's in Russia and Poland.
Yuri Milner
The polling of Internet users shows that friends recommendations are the most reliable driver behind purchasing decisions. Right now that market is largely untapped. Facebook and other social networks can allow that to happen.
Yuri Milner
It’s not about revenues: the fundamental economics in digital business is scale and margins. The top line has become the bottom line.
Yuri Milner
There is huge demand for artificial intelligence technologies.
Yuri Milner
I am not an oligarch. I am a servant and I try to align my interests and those of my investors.
Yuri Milner
The largest newspaper in the United States is only reaching 1 percent of population. We are kind of assuming that 'Wall Street Journal,' 'USA Today,' and other newspapers are very important. Yes, they're extremely important, but only to 1 percent of the population on a daily basis.
Yuri Milner
Facebook is a platform inside a platform.
Yuri Milner
It is hard to think of practical applications of the black hole. Because practical applications are so remote, many people assume we should not be interested. But this quest to understand the world is what defines us as human beings.
Yuri Milner
Facebook didn't know how successful Zynga would be.
Yuri Milner
I don’t think there’s any company that has reached $1 billion in revenue as fast as Xiaomi. In every conceivable benchmark, it’s almost unprecedented in terms of its speed of growth.
Yuri Milner
I'm trying to learn from various corners of the world.
Yuri Milner
I must analyze, from what I do now, what will be the impact two or three or five years in the future. What is the statement I want to make?
Yuri Milner
Science is one of a handful of things that defines us as a very special species. It is amazing how far we have been able to get and how accurate our predictions are. I think understanding how the universe was born is very important. It really gives us a perspective on many things.
Yuri Milner
The hardware and the software used in the Breakthrough project will be compatible with other telescopes around the world, so they too can search for intelligent life.
Yuri Milner