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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.

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
Almost
Revenue
Company
Billion
Term
Reached
Every
Billions
Think
Speed
Thinking
Fast
Benchmark
Terms
Conceivable
Growth
Unprecedented

More quotes by Yuri Milner

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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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Facebook can be an accumulation of different intelligences.
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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 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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I'm trying to learn from various corners of the world.
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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 invested in four social networks. More than any other. But that's in Russia and Poland.
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Google never knew how successful key words would be.
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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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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 about revenues: the fundamental economics in digital business is scale and margins. The top line has become the bottom line.
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You can transmit a thousand times more information.
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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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Russia is one of the places where significant presence of social networks are driven by domestic players right now.
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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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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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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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It’s not how much something’s worth today, it’s what it’s worth in five or 10 years.
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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.
Yuri Milner