--- title: "Meaning & Key Takeaway of: We've only made three investments…" description: "\"We've only made three investments: Facebook, Groupon, and Zynga.\" — Yuri Milner" image: "https://sms4smile.com/quotes/i/f8d/yuri-milner-15025_facebook_we-ve-only-made-three-investments-facebo_3225927.jpg" --- # We've only made three investments: Facebook, Groupon, and… ![“We've only made three investments: Facebook, Groupon, and Zynga.” quote by Yuri Milner](https://sms4smile.com/quotes/i/f8d/yuri-milner-15025_facebook_we-ve-only-made-three-investments-facebo_3225927.jpg) [Download](https://sms4smile.com/quotes/i/f8d/yuri-milner-15025_facebook_we-ve-only-made-three-investments-facebo_3225927.jpg) [Open image](https://sms4smile.com/quotes/i/f8d/yuri-milner-15025_facebook_we-ve-only-made-three-investments-facebo_3225927.jpg) > “We've only made three investments: Facebook, Groupon, and Zynga.” [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. He highlights a narrow early investment focus on fast‑growing social and gaming platforms. **In simple terms:** Early bets on social and gaming startups. Key Takeaway Identify high‑growth network effects early. Themes investment technology growth network effects Mood optimistic analytical Type business insightful When to use this quote - startup funding - market entry - scaling - user acquisition Key Concepts Venture capital platform dynamics Questions to Reflect On - What criteria guide your selection of network‑centric startups? - How can diversification improve long‑term returns? A Different Perspective Limited to three examples, may overlook other sectors. ★ ★ ★ ★ ★ No ratings yet [Facebook](https://sms4smile.com/quotes/about/facebook/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investments](https://sms4smile.com/quotes/about/investments/) [Investments Facebook](https://sms4smile.com/quotes/about/investments-facebook-6082722/) [Made](https://sms4smile.com/quotes/about/made/) [Only](https://sms4smile.com/quotes/about/only/) [Three](https://sms4smile.com/quotes/about/three/) [Twitter](https://sms4smile.com/quotes/about/twitter/) [Ve Investments](https://sms4smile.com/quotes/about/ve-investments-6082723/) ## Related quotes > [My job is to look after all our investments and ensure that we grow.](https://sms4smile.com/quotes/roshni-nadar/my-job-is-to-look-after-all-our-investments-and-ensure-that-we-grow/) [Roshni Nadar](https://sms4smile.com/quotes/author/roshni-nadar/) > [“The process of intelligently building a portfolio consists of buying the best investments, making room for them by selling lesser ones, and staying clear…](https://sms4smile.com/quotes/howard-marks/the-process-of-intelligently-building-a-portfolio-consists-of-buying/) [Howard Marks](https://sms4smile.com/quotes/author/howard-marks/) > [I made my money with good investments, I'm going to make maybe $1 million a year just with my real estate.](https://sms4smile.com/quotes/gegard-mousasi/i-made-my-money-with-good-investments-i-m-going-to-make-maybe-1/) [Gegard Mousasi](https://sms4smile.com/quotes/author/gegard-mousasi/) > [The best investments are the easiest ones to approve.](https://sms4smile.com/quotes/stephen-a-schwarzman/the-best-investments-are-the-easiest-ones-to-approve/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [“The investments we make in ourselves will always deliver the most profitable returns.”](https://sms4smile.com/quotes/sumner-davenport/the-investments-we-make-in-ourselves-will-always-deliver-the-most/) [Sumner Davenport](https://sms4smile.com/quotes/author/sumner-davenport/) > [What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.](https://sms4smile.com/quotes/warren-buffett/what-you-really-want-to-do-in-investments-is-figure-out-what-s/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [Social is a better way to interact with digital world. It is better than search. Implications for... everything. Total change.](https://sms4smile.com/quotes/yuri-milner/social-is-a-better-way-to-interact-with-digital-world-it-is-better/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [Many American TV actors employ agents, managers, business managers, publicists and stylists, and are now adding digital media manager to the list. Their job…](https://sms4smile.com/quotes/gina-bellman/many-american-tv-actors-employ-agents-managers-business-managers/) [Gina Bellman](https://sms4smile.com/quotes/author/gina-bellman/) > [I have a Twitter account; I have a fantastic Facebook page.](https://sms4smile.com/quotes/angus-king/i-have-a-twitter-account-i-have-a-fantastic-facebook-page/) [Angus King](https://sms4smile.com/quotes/author/angus-king/) > [We are the WTF generation: Wikipedia, Twitter and Facebook.](https://sms4smile.com/quotes/anonymous/we-are-the-wtf-generation-wikipedia-twitter-and-facebook/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Going through unknown people's profiles and judging them by their pictures is totally normal.](https://sms4smile.com/quotes/pradeep-chandra/going-through-unknown-people-s-profiles-and-judging-them-by-their/) [Pradeep Chandra](https://sms4smile.com/quotes/author/pradeep-chandra/) > [In case of emergency , Break Dance!](https://sms4smile.com/quotes/nikhil-saluja/in-case-of-emergency-break-dance/) [Nikhil Saluja](https://sms4smile.com/quotes/author/nikhil-saluja/) > [Yes yes you can count on me - Fingers](https://sms4smile.com/quotes/nikhil-saluja/yes-yes-you-can-count-on-me-fingers/) [Nikhil Saluja](https://sms4smile.com/quotes/author/nikhil-saluja/) > [Penis goes in , sperms cums out.](https://sms4smile.com/quotes/nikhil-saluja/penis-goes-in-sperms-cums-out/) [Nikhil Saluja](https://sms4smile.com/quotes/author/nikhil-saluja/) > [Sometimes I look at my awesome twitter followers & think to myself, What the hell would I do without them :)](https://sms4smile.com/quotes/nikhil-saluja/sometimes-i-look-at-my-awesome-twitter-followers-think-to-myself-what/) [Nikhil Saluja](https://sms4smile.com/quotes/author/nikhil-saluja/) ## More by Yuri Milner > [The hardware and the software used in the Breakthrough project will be compatible with other telescopes around the world, so they too can search…](https://sms4smile.com/quotes/yuri-milner/the-hardware-and-the-software-used-in-the-breakthrough-project-will/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [Social is a better way to interact with digital world. It is better than search. Implications for... everything. Total change.](https://sms4smile.com/quotes/yuri-milner/social-is-a-better-way-to-interact-with-digital-world-it-is-better/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [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…](https://sms4smile.com/quotes/yuri-milner/the-company-that-creates-one-global-social-graph-will-be-very/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [It’s not how much something’s worth today, it’s what it’s worth in five or 10 years.](https://sms4smile.com/quotes/yuri-milner/it-s-not-how-much-something-s-worth-today-it-s-what-it-s-worth-in/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [I don’t think there’s any company that has reached $1 billion in revenue as fast as Xiaomi. In every conceivable benchmark, it’s almost unprecedented…](https://sms4smile.com/quotes/yuri-milner/i-don-t-think-there-s-any-company-that-has-reached-1-billion-in/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [You have to travel globally today to know what's going on and maintain an edge.](https://sms4smile.com/quotes/yuri-milner/you-have-to-travel-globally-today-to-know-what-s-going-on-and/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [I have invested in four social networks. More than any other.](https://sms4smile.com/quotes/yuri-milner/i-have-invested-in-four-social-networks-more-than-any-other/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [I am not an oligarch. I am a servant and I try to align my interests and those of my investors.](https://sms4smile.com/quotes/yuri-milner/i-am-not-an-oligarch-i-am-a-servant-and-i-try-to-align-my-interests/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [I think there's a time to be private and a time to be public, and I think that companies like Facebook and Groupon are…](https://sms4smile.com/quotes/yuri-milner/i-think-there-s-a-time-to-be-private-and-a-time-to-be-public-and-i/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [I'm just focused on exploring new opportunities.](https://sms4smile.com/quotes/yuri-milner/i-m-just-focused-on-exploring-new-opportunities/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [Facebook now is mostly about people you know. In the future it could be about people you know less but are more important.](https://sms4smile.com/quotes/yuri-milner/facebook-now-is-mostly-about-people-you-know-in-the-future-it-could/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [The largest newspaper in the United States is only reaching 1 percent of population. We are kind of assuming that 'Wall Street Journal,' 'USA…](https://sms4smile.com/quotes/yuri-milner/the-largest-newspaper-in-the-united-states-is-only-reaching-1-percent/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [Facebook is a platform inside a platform.](https://sms4smile.com/quotes/yuri-milner/facebook-is-a-platform-inside-a-platform/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [Kai-Fu's Innovation Works is the top very-early-stage fund in China. We are proud to be an investor, and hope that IW will help to…](https://sms4smile.com/quotes/yuri-milner/kai-fu-s-innovation-works-is-the-top-very-early-stage-fund-in-china/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) > [Google never knew how successful key words would be. Facebook didn't know how successful Zynga would be.](https://sms4smile.com/quotes/yuri-milner/google-never-knew-how-successful-key-words-would-be-facebook-didn-t/) [Yuri Milner](https://sms4smile.com/quotes/author/yuri-milner/) [Explore all 44 Yuri Milner quotes ](https://sms4smile.com/quotes/author/yuri-milner/) ## More Facebook quotes > [Sometimes I look at my awesome twitter followers & think to myself, What the hell would I do without them :)](https://sms4smile.com/quotes/nikhil-saluja/sometimes-i-look-at-my-awesome-twitter-followers-think-to-myself-what/) [Nikhil Saluja](https://sms4smile.com/quotes/author/nikhil-saluja/) > [Penis goes in , sperms cums out.](https://sms4smile.com/quotes/nikhil-saluja/penis-goes-in-sperms-cums-out/) [Nikhil Saluja](https://sms4smile.com/quotes/author/nikhil-saluja/) > [Yes yes you can count on me - Fingers](https://sms4smile.com/quotes/nikhil-saluja/yes-yes-you-can-count-on-me-fingers/) [Nikhil Saluja](https://sms4smile.com/quotes/author/nikhil-saluja/) > [I could be in another country but if someone is waiting on me and they call, I always say I'll be there in 5 minutes.](https://sms4smile.com/quotes/anonymous/i-could-be-in-another-country-but-if-someone-is-waiting-on-me-and/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [You're on Facebook, and you're supposed to know your sexual orientation at 13... Nobody really knows what's going on at that time, and people…](https://sms4smile.com/quotes/john-cameron-mitchell/you-re-on-facebook-and-you-re-supposed-to-know-your-sexual/) [John Cameron Mitchell](https://sms4smile.com/quotes/author/john-cameron-mitchell/) > [In case of emergency , Break Dance!](https://sms4smile.com/quotes/nikhil-saluja/in-case-of-emergency-break-dance/) [Nikhil Saluja](https://sms4smile.com/quotes/author/nikhil-saluja/) > [What is stupidity? It is when you still communicating the person you need to forget.](https://sms4smile.com/quotes/kara-angela/what-is-stupidity-it-is-when-you-still-communicating-the-person-you/) [Kara Angela](https://sms4smile.com/quotes/author/kara-angela/) > [If in the middle of an argument I suddenly fall silent it does not mean you have won... No it means you should probably…](https://sms4smile.com/quotes/hussein-nishah/if-in-the-middle-of-an-argument-i-suddenly-fall-silent-it-does-not/) [Hussein Nishah](https://sms4smile.com/quotes/author/hussein-nishah/) > [Going through unknown people's profiles and judging them by their pictures is totally normal.](https://sms4smile.com/quotes/pradeep-chandra/going-through-unknown-people-s-profiles-and-judging-them-by-their/) [Pradeep Chandra](https://sms4smile.com/quotes/author/pradeep-chandra/) > [As long as that special person makes YOU happy, it shouldn't matter what other people say.](https://sms4smile.com/quotes/anonymous/as-long-as-that-special-person-makes-you-happy-it-shouldn-t-matter/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [We are the WTF generation: Wikipedia, Twitter and Facebook.](https://sms4smile.com/quotes/anonymous/we-are-the-wtf-generation-wikipedia-twitter-and-facebook/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [I have a Twitter account; I have a fantastic Facebook page.](https://sms4smile.com/quotes/angus-king/i-have-a-twitter-account-i-have-a-fantastic-facebook-page/) [Angus King](https://sms4smile.com/quotes/author/angus-king/) > [Many American TV actors employ agents, managers, business managers, publicists and stylists, and are now adding digital media manager to the list. Their job…](https://sms4smile.com/quotes/gina-bellman/many-american-tv-actors-employ-agents-managers-business-managers/) [Gina Bellman](https://sms4smile.com/quotes/author/gina-bellman/) > [“Maybe she's got a Facebook page, like every other kid in America. We could put something on her wall." Her eyes lit up very…](https://sms4smile.com/quotes/angela-knight/maybe-she-s-got-a-facebook-page-like-every-other-kid-in-america-we/) [Angela Knight](https://sms4smile.com/quotes/author/angela-knight/) > [To understand paranoid people better, follow them around.](https://sms4smile.com/quotes/nikhil-saluja/to-understand-paranoid-people-better-follow-them-around/) [Nikhil Saluja](https://sms4smile.com/quotes/author/nikhil-saluja/) [Browse all 2,737 Facebook quotes ](https://sms4smile.com/quotes/about/facebook/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "We've only made three investments: Facebook, Groupon, and Zynga.", "creator": { "@type": "Person", "name": "Yuri Milner" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/yuri-milner/we-ve-only-made-three-investments-facebook-groupon-and-zynga/", "about": { "@type": "Thing", "name": "Facebook" }, "@id": "https://sms4smile.com/quotes/yuri-milner/we-ve-only-made-three-investments-facebook-groupon-and-zynga/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/f8d/yuri-milner-15025_facebook_we-ve-only-made-three-investments-facebo_3225927.jpg", "contentUrl": "https://sms4smile.com/quotes/i/f8d/yuri-milner-15025_facebook_we-ve-only-made-three-investments-facebo_3225927.jpg", "url": "https://sms4smile.com/quotes/i/f8d/yuri-milner-15025_facebook_we-ve-only-made-three-investments-facebo_3225927.jpg", "width": 1080, "height": 1080, "caption": "“We've only made three investments: Facebook, Groupon, and Zynga.” — Yuri Milner", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Yuri Milner", "item": "https://sms4smile.com/quotes/author/yuri-milner/" }, { "@type": "ListItem", "position": 4, "name": "We've only made three investments: Facebook,...", "item": "https://sms4smile.com/quotes/yuri-milner/we-ve-only-made-three-investments-facebook-groupon-and-zynga/" } ], "@id": "https://sms4smile.com/quotes/yuri-milner/we-ve-only-made-three-investments-facebook-groupon-and-zynga/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```