Yuri Milner
Yuri Milner
Yuri BorisovichMilnerМи́льнер; born 11 November 1961) 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, Habito, Wish and many others. Milner's personal investments also include a stake in 23andMe and Beepi...
NationalityRussian
ProfessionBusinessman
Date of Birth11 November 1961
CountryRussian Federation
Story was that human civilization started to develop with first social network. Emerged where population concentration was high. Helped propel to where we are now. Facebook is next step of creating a huge human brain to embrace hundreds of million, possibly billions of people.
When you have a few billion people connected with screens, not voice... screens are important. You can transmit a thousand times more information.
My background is in theoretical physics, and it's something very close to my heart.
It’s not about revenues: the fundamental economics in digital business is scale and margins. The top line has become the bottom line.
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.
Facebook is a platform inside a platform.
You have to travel globally today to know what's going on and maintain an edge.
You can transmit a thousand times more information.
I have invested in four social networks. More than any other. But that's in Russia and Poland.
There is huge demand for artificial intelligence technologies.