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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.
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
Making
Investors
Every
Billion
Years
Entrepreneur
Life
Billions
Ratio
Market
Ratios
Company
Caps
Year
Divide
Age
Divides
More quotes by Yuri Milner
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.
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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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Social is a better way to interact with digital world. It is better than search. Implications for... everything. Total change.
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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?
Yuri Milner
You can transmit a thousand times more information.
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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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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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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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Facebook didn't know how successful Zynga 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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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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Facebook is a platform inside a platform.
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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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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 how much something’s worth today, it’s what it’s worth in five or 10 years.
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Russia is one of the places where significant presence of social networks are driven by domestic players right now.
Yuri Milner