Words matter. These are the best Yuri Milner Quotes, and they’re great for sharing with your friends.
It’s not about revenues: The fundamental economics in digital business is scale and margins. The top line has become the bottom line.
Facebook now is mostly about people you know. In the future it could be about people you know less but are more important.
One of the companies that we’ve invested in is called Facebook. In only two years, between 2009 and 2011, the information exchanged between people increased 28 times. And that cannot be explained by new people joining Facebook.
I’m just focused on exploring new opportunities.
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.
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.
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.
Story was that human civilization started to develop with first social network. Emerged where population concentration was high. Helped propel to where we are now. Facebook is next step of creating a huge human brain to embrace hundreds of million, possibly billions of people.
We’ve only made three investments: Facebook, Groupon, and Zynga.
It’s not how much something’s worth today, it’s what it’s worth in five or 10 years.
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.
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.
You know among people who kind of travel a lot and have exposure to the United States and some other countries, they do have accounts, but you know, Russia is not exactly the place with multiple language skills so local networks kind of have an edge.
Facebook is a platform inside a platform.
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?
My background is in theoretical physics, and it’s something very close to my heart.
Russia is one of the places where significant presence of social networks are driven by domestic players right now.
There is huge demand for artificial intelligence technologies.
I have invested in four social networks. More than any other. But that’s in Russia and Poland.
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.
Google never knew how successful key words would be.
You have to travel globally today to know what’s going on and maintain an edge.
