A biography for Yuri Milnerhasn’t been written yet.
“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.”
“Google never knew how successful key words would be. Facebook didn't know how successful Zynga would be.”
“Google never knew how successful key words would be.”
“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?”
“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.”
“I have invested in four social networks. More than any other. But that's in Russia and Poland.”
“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.”
“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.”
“I think there's a time to be private and a time to be public, and I think that companies like Facebook and Groupon are basically transformational companies. You don't come across them very often, and I'm pretty sure that they can continue to grow for a long time even being public.”
“I am not an oligarch. I am a servant and I try to align my interests and those of my 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.”
“Facebook is a platform inside a platform.”
“I'm just focused on exploring new opportunities.”
“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.”
“You have to travel globally today to know what's going on and maintain an edge.”
“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.”
“When you have a few billion people connected with screens, not voice... screens are important. You can transmit a thousand times more information.”
“I have invested in four social networks. More than any other.”
“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.”