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Russia is one of the places where significant presence of social networks are driven by domestic players right now.

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
Right
Players
Presence
Significant
Russia
Driven
Places
Player
Networks
Social
Domestic

More quotes by Yuri Milner

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You have to travel globally today to know what's going on and maintain an edge.
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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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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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You can transmit a thousand times more information.
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There is huge demand for artificial intelligence technologies.
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I'm just focused on exploring new opportunities.
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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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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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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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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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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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Social is a better way to interact with digital world. It is better than search. Implications for... everything. Total change.
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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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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 coming an era for people with a mathematical state of mind
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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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Facebook is a platform inside a platform.
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Facebook didn't know how successful Zynga would be.
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I'm trying to learn from various corners of the world.
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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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