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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.
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
People
Black
Practicals
Human
Assume
Applications
Humans
Practical
Defines
Many
Holes
Remote
Hard
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Quests
Think
Beings
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World
Understand
Application
More quotes by 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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Russia is one of the places where significant presence of social networks are driven by domestic players right now.
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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.
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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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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 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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I'm trying to learn from various corners of the world.
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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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There is coming an era for people with a mathematical state of mind
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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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Facebook can be an accumulation of different intelligences.
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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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Facebook is a platform inside a platform.
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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 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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You can transmit a thousand times more information.
Yuri Milner