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It’s not how much something’s worth today, it’s what it’s worth in five or 10 years.
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
Five
Today
Much
Something
Years
Worth
More quotes by Yuri Milner
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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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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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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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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There is a significant momentum behind the social Internet. A wide range of public investors were very enthusiastic about that.
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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
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.
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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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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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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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Social is a better way to interact with digital world. It is better than search. Implications for... everything. Total change.
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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 can be an accumulation of different intelligences.
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There is coming an era for people with a mathematical state of mind
Yuri Milner
I'm trying to learn from various corners of the world.
Yuri Milner
Facebook is a platform inside a platform.
Yuri Milner
Russia is one of the places where significant presence of social networks are driven by domestic players right now.
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