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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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Yuri Milner
Age: 63
Born: 1961
Born: November 11
Entrepreneur
Physicist
Moscow
Russian SFSR
Yuri Borisovich Milner
Yuri Bentsionovich Milner
Internet
Behinds
Behind
Momentum
Public
Enthusiastic
Social
Investors
Range
Significant
Wide

More quotes by Yuri Milner

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You have to travel globally today to know what's going on and maintain an edge.
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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?
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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.
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Facebook is a platform inside a platform.
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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.
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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.
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Google never knew how successful key words would be.
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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.
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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.
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It’s not how much something’s worth today, it’s what it’s worth in five or 10 years.
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Facebook can be an accumulation of different intelligences. Ask a question, translated into many languages and somebody, somewhere in the world, will have an answer.
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I'm trying to learn from various corners of the world.
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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.
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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.
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You can transmit a thousand times more information.
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Facebook didn't know how successful Zynga would be.
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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.
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I have invested in four social networks. More than any other. But that's in Russia and Poland.
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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.
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There is coming an era for people with a mathematical state of mind
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