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I have invested in four social networks. More than any other. But that's in Russia and Poland.

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
Poland
Networks
Invested
Russia
Four
Social

More quotes by Yuri Milner

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Fundamental physics is like an art more or less. It's completely non-practical, and you can't use it for anything. But it's about the universe and how the world came into being. It's very remote from your daily life and mine, and yet it defines us as human beings.
Yuri Milner
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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
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There is a significant momentum behind the social Internet. A wide range of public investors were very enthusiastic about that.
Yuri Milner
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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
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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
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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
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I'm just focused on exploring new opportunities.
Yuri Milner
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Facebook didn't know how successful Zynga would be.
Yuri Milner
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Facebook is a platform inside a platform.
Yuri Milner
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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
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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
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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
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It’s not how much something’s worth today, it’s what it’s worth in five or 10 years.
Yuri Milner
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Social is a better way to interact with digital world. It is better than search. Implications for... everything. Total change.
Yuri Milner
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There is coming an era for people with a mathematical state of mind
Yuri Milner
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Google never knew how successful key words would be.
Yuri Milner
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I am not an oligarch. I am a servant and I try to align my interests and those of my investors.
Yuri Milner
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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
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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
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I'm trying to learn from various corners of the world.
Yuri Milner