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I'm just focused on exploring new opportunities.
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
Exploring
Opportunities
Focused
Opportunity
More quotes by 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
I'm trying to learn from various corners of the world.
Yuri Milner
You can transmit a thousand times more information.
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
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
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 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
Facebook is a platform inside a platform.
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
There is a significant momentum behind the social Internet. A wide range of public investors were very enthusiastic about that.
Yuri Milner
Social is a better way to interact with digital world. It is better than search. Implications for... everything. Total change.
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
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
I have invested in four social networks. More than any other. But that's in Russia and Poland.
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
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
There is huge demand for artificial intelligence technologies.
Yuri Milner
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.
Yuri Milner
Google never knew how successful key words would be.
Yuri Milner