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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: 63
Born: 1961
Born: November 11
Entrepreneur
Physicist
Moscow
Russian SFSR
Yuri Borisovich Milner
Yuri Bentsionovich Milner
Russia
Four
Social
Poland
Networks
Invested
More quotes by Yuri Milner
There is huge demand for artificial intelligence technologies.
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
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
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
You have to travel globally today to know what's going on and maintain an edge.
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 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
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
Google never knew how successful key words would be.
Yuri Milner
I think top scientists need to be compensated at a different scale in society. Somebody with experience will tell you that true scientists are not motivated by money - they are motivated by the quest itself. That is true. But I think an additional recognition will not hurt.
Yuri Milner
Facebook didn't know how successful Zynga would be.
Yuri Milner
I'm just focused on exploring new opportunities.
Yuri Milner
Facebook can be an accumulation of different intelligences.
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
I have this ratio that if you divide age of entrepreneur by market cap of company. For Facebook it's one. Every year of his life Zuckerberg has been making $1 billion for investors.
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 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
There is a significant momentum behind the social Internet. A wide range of public investors were very enthusiastic about that.
Yuri Milner
I'm trying to learn from various corners of the world.
Yuri Milner
You can transmit a thousand times more information.
Yuri Milner