I have invested in four social networks. More than any other. But that's in Russia and Poland. Yuri Milner More Quotes by Yuri Milner More Quotes From 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. Yuri Milner blackpeoplethinking 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. Yuri Milner perspectivegivingthinking 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. Yuri Milner internet-userssocial-mediadecision It’s not how much something’s worth today, it’s what it’s worth in five or 10 years. Yuri Milner fivetodayyears There is coming an era for people with a mathematical state of mind Yuri Milner erasmindpeople It’s not about revenues: the fundamental economics in digital business is scale and margins. The top line has become the bottom line. Yuri Milner digitallinesfundamentals I am not an oligarch. I am a servant and I try to align my interests and those of my investors. Yuri Milner servantinteresttrying 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. Yuri Milner understandingpeopleyears 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. Yuri Milner usefundamentalsart 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. Yuri Milner differenthurtthinking I'm trying to learn from various corners of the world. Yuri Milner varioustryingworld 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? Yuri Milner impacttwoyears There is a significant momentum behind the social Internet. A wide range of public investors were very enthusiastic about that. Yuri Milner momentuminternetsocial I'm just focused on exploring new opportunities. Yuri Milner exploringnew-opportunityopportunity 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. Yuri Milner zuckerbergentrepreneuryears You have to travel globally today to know what's going on and maintain an edge. Yuri Milner edgesknowstoday 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 speedgrowththinking Facebook can be an accumulation of different intelligences. Yuri Milner accumulationdifferent 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. Yuri Milner differentanswersworld Facebook is a platform inside a platform. Yuri Milner platforms
