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Yuri Milner

Yuri Milner Books

Entrepreneur

Yuri Milner is a Russian entrepreneur recognized for his significant contributions to the technology industry. He co-founded the internet company Mail.ru Group and has since become a prominent venture capitalist, investing in numerous successful startups.

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Related Quotes

“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.”

People Needs Years Problem Bigs Understanding Modern Mathematics Fundamentals Complicated Physics

Author: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.”

World Humans Art Use Universe Human Beings Mines Fundamentals Physics Practicals Daily Life

Author: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.”

World Different Asks Language Answers Accumulation

Author:Yuri Milner

“Google never knew how successful key words would be.”

Would Be Successful Keys Google

Author:Yuri Milner

“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.”

Bigs Company Millions Internet Capable Percent Average Size Traditional Compare Employee Revenue Offline

Author: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.”

People Thinking World Should Humans Hard Black Human Beings Assuming Practicals Holes Application Quests Black Hole

Author:Yuri Milner

“Facebook can be an accumulation of different intelligences.”

Different Accumulation

Author:Yuri Milner

“Facebook didn't know how successful Zynga would be.”

Knows Would Be Know How Successful

Author:Yuri Milner

“Facebook is a platform inside a platform.”

Author:Yuri Milner

“I am not an oligarch. I am a servant and I try to align my interests and those of my investors.”

Trying Interest Servant Investors

Author:Yuri Milner

“I'm trying to learn from various corners of the world.”

World Trying Various Corners Corners Of The World

Author:Yuri Milner

“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.”

Thinking Growth Term Company Speed Billions Revenue Unprecedented

Author:Yuri Milner

“Social is a better way to interact with digital world. It is better than search. Implications for... everything. Total change.”

World Way Social Digital Implications Better Ways Digital World

Author:Yuri Milner

“You can transmit a thousand times more information.”

Information Thousand Transmit

Author:Yuri Milner

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

Social Player Right Now Driven Significant Russia Social Network

Author:Yuri Milner

“The hardware and the software used in the Breakthrough project will be compatible with other telescopes around the world, so they too can search for intelligent life.”

World Life Used Projects Intelligent Around The World Software Breakthrough Telescopes Compatible Hardware Intelligent Life

Author: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.”

Thinking Needs Different Hurt Scientist Scales Recognition Motivated Quests

Author:Yuri Milner

“You have to travel globally today to know what's going on and maintain an edge.”

Knows Today Edges

Author:Yuri Milner

“I have invested in four social networks. More than any other. But that's in Russia and Poland.”

Social Four Russia Social Network Poland

Author:Yuri Milner

“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.”

Shows Happens Social Decision Behinds Internet Right Now Social Media Drivers Users Social Network Recommendations Purchasing Polling Internet Users

Author: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.”

Thinking Giving Has Beens Important Able Universe Understanding Born Special Perspective Species Accurate Predictions Handful

Author:Yuri Milner

“There is a significant momentum behind the social Internet. A wide range of public investors were very enthusiastic about that.”

Social Behinds Internet Wide Significant Range Investors Enthusiastic Momentum

Author:Yuri Milner

“I'm just focused on exploring new opportunities.”

Opportunity Focused Exploring New Opportunity

Author:Yuri Milner

“There is huge demand for artificial intelligence technologies.”

Technology Huge Demand Artificial Intelligence Artificial

Author: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.”

People Knows Important

Author: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?”

Want Years Two Three Five Impact Statements Five Years

Author: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.”

Way Company Information Bases Artificial Intelligence Artificial

Author: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.”

Lines Economics Fundamentals Bottom Scales Digital Revenue Bottom Line Margins

Author:Yuri Milner

“It’s not how much something’s worth today, it’s what it’s worth in five or 10 years.”

Years Today Five

Author:Yuri Milner

“There is coming an era for people with a mathematical state of mind”

People Mind States Mathematical Eras State Of Mind

Author: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.”

Ifs Years Has Beens Age Company Entrepreneur Billions Divides Investors Caps Ratios Zuckerberg

Author: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.”

Long Important Able Social Term Company Competition Locals Long Term Social Network Graphs

Author:Yuri Milner

“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.”

Kind Important States Today United United States Streets Wall Percent Bases Assuming Population Newspapers Usa Reaching Journal Wall Street Journal

Author:Yuri Milner

About the Author

Born: November 11, 1961
Known for: Entrepreneur
Quotes: 33

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