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"Russia is one of the places where significant presence of social networks are driven by domestic players right now."
Yuri Milner
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"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."
Yuri Milner
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"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
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"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."
Yuri Milner
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"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."
Yuri Milner
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"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."
Yuri Milner
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"We monitor close to 50 companies globally that can be potential investment opportunities. I'd like to see DST as a significant global investment company in the Internet arena."
Yuri Milner
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"My background is in theoretical physics, and it's something very close to my heart."
Yuri Milner
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"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."
Yuri Milner
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