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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.

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
Maybe
Networks
Company
Sustain
Term
Locals
Social
Local
Able
Creates
Important
Global
Going
Competition
Graph
Long
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Russia is one of the places where significant presence of social networks are driven by domestic players right now.
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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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You have to travel globally today to know what's going on and maintain an edge.
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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’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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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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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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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 how much something’s worth today, it’s what it’s worth in five or 10 years.
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