Yuri Milner quotes

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. (Yuri Milner)
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. View quote
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. View quote
Yuri Milner
I have invested in four social networks. More than any other. But that's in Russia and Poland. View quote
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. View quote
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. View quote
Yuri Milner
Russia is one of the places where significant presence of social networks are driven by domestic players right now. View quote
Yuri Milner
Facebook is a platform inside a platform. View quote
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? View quote
Yuri Milner
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. View quote
Yuri Milner
Facebook now is mostly about people you know. In the future it could be about people you know less but are more important. (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. View quote
Yuri Milner
Google never knew how successful key words would be. View quote
Yuri Milner
Facebook can be an accumulation of different intelligences. View quote
Yuri Milner
Social is a better way to interact with digital world. It is better than search. Implications for... everything. Total change. View quote
Yuri Milner
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. View quote
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. View quote
Yuri Milner
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. View quote
Yuri Milner
There is huge demand for artificial intelligence technologies. View quote
Yuri Milner
I am not an oligarch. I am a servant and I try to align my interests and those of my investors. View quote
Yuri Milner
There is a significant momentum behind the social Internet. A wide range of public investors were very enthusiastic about that. (Yuri Milner)
I'm trying to learn from various corners of the world. View quote
Yuri Milner
It's not how much something's worth today, it's what it's worth in five or 10 years. View quote
Yuri Milner
It's not about revenues: the fundamental economics in digital business is scale and margins. The top line has become the bottom line. View quote
Yuri Milner
I'm just focused on exploring new opportunities. View quote
Yuri Milner

Yuri Milner

Yuri Milner - Image
Photo: TechCrunch, CC BY 2.0
Occupation: Russian Businessman
Born: November 11, 1961
Quotes count: 27