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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: 62
Born: 1961
Born: November 11
Entrepreneur
Physicist
Moscow
Russian SFSR
Yuri Borisovich Milner
Yuri Bentsionovich Milner
Social
Investors
Range
Significant
Wide
Internet
Behinds
Behind
Momentum
Public
Enthusiastic

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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.
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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.
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Facebook is a platform inside a platform.
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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.
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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.
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Google never knew how successful key words would be.
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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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Russia is one of the places where significant presence of social networks are driven by domestic players right now.
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Social is a better way to interact with digital world. It is better than search. Implications for... everything. Total change.
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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 am not an oligarch. I am a servant and I try to align my interests and those of my investors.
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There is huge demand for artificial intelligence technologies.
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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 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'm just focused on exploring new opportunities.
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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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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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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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