Yuri Milner Quotes

Yuri Milner — Russian Businessman born on November 11, 1961,

Yuri Borisovich Milner is a Russian entrepreneur, venture capitalist and physicist. He founded investment firms Digital Sky Technologies, now called Mail.ru Group and DST Global. Through DST Global, Milner is an investor in Facebook, Zynga, Twitter, Flipkart, Spotify, ZocDoc, Groupon, JD.com, Planet Labs, Xiaomi, OlaCabs, Alibaba, Wish and many others. Milner's personal investments also include a stake in 23andMe and Beepi... (wikipedia)

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.

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.

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

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 Quotes

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