DST's Yuri Milner: "This is the era of mathematicians … It's not about social networking"
In fascinating interview on stage with Journalist and entrepreneur Michael Wolff, he dropped a number of choice words to the assembled invite-only audience. Wolff called him the “the Oligarch of Geeks.”
Here are a few highlights.
• “Our business model at DST is not joining boards. You see less of us.”
• He thinks that technologies like Facebook’s will eventually be better at choosing your friends than yourself.
• “There is huge demand for artificial intelligence technologies” and this has far-reaching implications.
• “This is the era of mathematicians” … It’s not about social networking – its about math.”
• “You have to travel globally today to know what’s going on and maintain an edge”
• “I am not an oligarch, I am a servant and I try to align my interests and those of my investors.”
• “Facebook is a platform inside a platform”.
• “Several investors from BRIC countries will make big bets on US tech innovations in the next few years”
• Parts of The Social Network film could “ring true”.
• He said he agrees with Mark Zuckerberg that “Every single business model will be disrupted by social media”
• He thinks there is an ‘unprecedented’ time coming when US internet players dominate globally “to an extent never seen before”
Photo by Rodrigo Sepulveda