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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: 63
Born: 1961
Born: November 11
Entrepreneur
Physicist
Moscow
Russian SFSR
Yuri Borisovich Milner
Yuri Bentsionovich Milner
Company
Caps
Year
Divide
Age
Divides
Making
Investors
Every
Billion
Years
Entrepreneur
Life
Billions
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Ratios
More quotes by Yuri Milner
Russia is one of the places where significant presence of social networks are driven by domestic players right now.
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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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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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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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I am not an oligarch. I am a servant and I try to align my interests and those of my investors.
Yuri Milner
Facebook can be an accumulation of different intelligences.
Yuri Milner
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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You have to travel globally today to know what's going on and maintain an edge.
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?
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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'm just focused on exploring new opportunities.
Yuri Milner
There is a significant momentum behind the social Internet. A wide range of public investors were very enthusiastic about that.
Yuri Milner
Facebook didn't know how successful Zynga would be.
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.
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I'm trying to learn from various corners of the world.
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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
There is huge demand for artificial intelligence technologies.
Yuri Milner
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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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