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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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Yuri Milner
Age: 63
Born: 1961
Born: November 11
Entrepreneur
Physicist
Moscow
Russian SFSR
Yuri Borisovich Milner
Yuri Bentsionovich Milner
Economics
Revenues
Bottom
Margins
Line
Revenue
Lines
Scale
Business
Scales
Become
Digital
Fundamental
Fundamentals

More quotes by Yuri Milner

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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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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 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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You have to travel globally today to know what's going on and maintain an edge.
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Facebook is a platform inside a platform.
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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'm just focused on exploring new opportunities.
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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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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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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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There is huge demand for artificial intelligence technologies.
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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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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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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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You can transmit a thousand times more information.
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.
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I'm trying to learn from various corners of the world.
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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.
Yuri Milner
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Google never knew how successful key words would be.
Yuri Milner