YM
Yuri Milner
56quotes
Quotes by Yuri Milner
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It's not about revenues: The fundamental economics in digital business is scale and margins. The top line has become the bottom line.
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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.
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I have invested in four social networks. More than any other. But that’s in Russia and Poland.
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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.
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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.
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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.
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