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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
Russia is one of the places where significant presence of social networks are driven by domestic players right now.
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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 huge demand for artificial intelligence technologies.
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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.
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 didn't know how successful Zynga would be.
Yuri Milner
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.
Yuri Milner
There is a significant momentum behind the social Internet. A wide range of public investors were very enthusiastic about that.
Yuri Milner
You can transmit a thousand times more information.
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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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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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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.
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
Facebook can be an accumulation of different intelligences.
Yuri Milner
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
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.
Yuri Milner
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.
Yuri Milner
Social is a better way to interact with digital world. It is better than search. Implications for... everything. Total change.
Yuri Milner
It’s not how much something’s worth today, it’s what it’s worth in five or 10 years.
Yuri Milner