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Milner's Facebook tip

Yuri Milner (pictured), the Russian investor whose early bet on Facebook made him a billionaire, sees the social network as one of three websites that will endure for 100 years. He said Facebook, along with Google and Wikipedia's online encyclopedia, will still exist a century from now because their services gain momentum the more people use them.
By · 11 Mar 2013
By ·
11 Mar 2013
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Yuri Milner (pictured), the Russian investor whose early bet on Facebook made him a billionaire, sees the social network as one of three websites that will endure for 100 years. He said Facebook, along with Google and Wikipedia's online encyclopedia, will still exist a century from now because their services gain momentum the more people use them.
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Frequently Asked Questions about this Article…

Yuri Milner is a Russian investor whose early bet on Facebook helped make him a billionaire. He said Facebook is one of three websites he expects will still exist in 100 years.

Milner named Facebook, Google and Wikipedia as the three websites he believes will still exist a century from now.

Milner says these services "gain momentum the more people use them," meaning their value grows as user numbers increase—an effect he believes will help them endure over the long term.

That phrase refers to network effects: as more people use a service like Facebook, Google or Wikipedia, the service becomes more useful and attractive, which can create sustained growth and resilience over time.

Milner’s statement is an opinion reported in the article—he believes Facebook will still exist in 100 years because of user-driven momentum, but the article does not present this as a guarantee or financial forecast.

The article notes Milner’s qualification comes from his track record: his early investment in Facebook made him a billionaire, which underpins his perspective on the platform’s long-term potential.

In the article Milner specifically mentioned only three sites—Facebook, Google and Wikipedia—as examples of websites he expects will endure for 100 years.

Milner’s remark highlights how user-driven momentum (network effects) can contribute to the long-term durability of major online platforms like Facebook, Google and Wikipedia—an observation investors can consider as one perspective on technology longevity.