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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
Term
Locals
Social
Local
Able
Creates
Important
Global
Going
Competition
Graph
Long
Forward
Graphs
Maybe
Networks
Company
Sustain

More quotes by Yuri Milner

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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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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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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 have to travel globally today to know what's going on and maintain an edge.
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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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I have invested in four social networks. More than any other. But that's in Russia and Poland.
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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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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 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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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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There is huge demand for artificial intelligence technologies.
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Facebook is a platform inside a platform.
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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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There is coming an era for people with a mathematical state of mind
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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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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.
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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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Facebook didn't know how successful Zynga would be.
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