What e-commerce, aliens and AI have in common

Billionaire investor Yuri Milner had huge success betting on Internet giants from Facebook and Twitter, to Snapchat and Spotify, but when he looks to the future, he says there won’t be much opportunity in Internet-only companies, such as these. In an exclusive interview on CNBC, he said now he’s looking to invest in companies that bridge the online and offline world—like AirBNB, one of his investments, or Uber, a company he says he wishes he’d invested in. E-Commerce Milner says the potential for technology to improve the offline experience is why he’s so bullish on e-commerce. He’s backed Alibaba in China and Flipkart in India. He’s also backing a number of Uber competitors: Taxi hailing firm Didi Kuaidi in China, and Ola in India. And he’s looking for other companies…


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