{"events": [{"year": 2007, "title": "出圈的表情包", "eventId": "ev_anecdote_viral_meme", "outcome": "你在朋友圈转发了那个表情包，还自己配了一段自嘲的话。没想到这条朋友圈获得了行业里几十个合伙人的点赞——你的人设突然变成了\"接地气的投资人\"。Network+8。", "choiceIndex": 0}, {"year": 2008, "title": "家里的电话", "eventId": "ev_new_family_pressure", "outcome": "你转了5万块给妈妈。她立刻给王阿姨发了一条语音：'我儿子刚给我转了5万块，说什么公务员有这个待遇吗？'你哭笑不得。AUM-3，Health+6。", "choiceIndex": 2}, {"year": 2009, "title": "大佬的一句话", "eventId": "ev_anecdote_mentor_advice", "outcome": "你在下一个项目中花了更多时间去了解创始人的性格和决策模式，而不仅仅是他的PPT。这个转变让你的deal质量显著提升。Track Record+4。", "choiceIndex": 0}, {"year": 2010, "title": "出圈了", "eventId": "ev_chain_viral", "outcome": "你帮公司紧急融资扩产。三个月后热度褪去，仓库里堆满了卖不出去的库存。但你及时止损的策略保住了核心资金。AUM+8，Health-5。", "choiceIndex": 0}, {"year": 2011, "title": "马拉松完赛", "eventId": "ev_health_milestone", "outcome": "你用了2小时45分钟完成了半马。冲过终点线的那一刻你哭了——不是因为累，而是你意识到生活中不只有BP和term sheet。Health+15，Network+5（一起跑步的行业朋友）。", "choiceIndex": 0}, {"year": 2012, "title": "TS被拒", "eventId": "ev_new_ts_rejection", "outcome": "你没有跟价。你给创始人发了一份详细的投后赋能方案：渠道资源、人才引荐、下一轮FA对接。创始人被打动了。Track Record+3，Network+5。", "choiceIndex": 1}, {"year": 2013, "title": "招人季", "eventId": "ev_new_team_expansion", "outcome": "你招了第二选择。虽然没有第一名那么亮眼，但踏实肯干。Track Record+1，Network+3。", "choiceIndex": 1}, {"year": 2014, "title": "LP的考验", "eventId": "ev_anecdote_poker", "outcome": "你All-in了一把。赢了。LP大笑着拍你的肩膀：\"有胆色！\"但你心里清楚——如果刚才输了，你现在可能已经在打道回府的路上。AUM+10，Track Record+4。", "choiceIndex": 1}, {"year": 2015, "title": "天上掉馅饼", "eventId": "ev_new_random_luck", "outcome": "你投了一点，算是弥补三年前的遗憾。回报一般，但心理上释然了。AUM-2，Health+5（了结心事）。", "choiceIndex": 2}, {"year": 2016, "title": "赛道转换", "eventId": "ev_new_track_switch", "outcome": "你开始恶补新赛道的知识。前三个月很痛苦，但半年后你成了新赛道的半个专家。AUM-8（切换成本），Track Record+2。", "choiceIndex": 0}, {"year": 2017, "title": "行业群里的口水战", "eventId": "ev_anecdote_wechat_group", "outcome": "你的回复被截图转到了好几个群里。甚至有媒体来采访你这篇文章的观点。你成为了这场争论中最理性的声音。Track Record+2，Network+13。", "choiceIndex": 0}, {"year": 2018, "title": "尴尬的圆桌", "eventId": "ev_anecdote_conference_panel", "outcome": "全场大笑。创始人拍了拍你的肩膀说：\"下次融资我第一个找你。\"虽然是个玩笑，但你赢得了在场所有人的好感。Network+13。", "choiceIndex": 0}, {"year": 2019, "title": "出租车里的BP", "eventId": "ev_anecdote_taxi_pitch", "outcome": "你从机场到登机口的路上看完了这份BP。项目本身一般，但你在BP里看到了一个被你忽略的细分需求。这个灵感后来启发你投了一个不错的deal。Network+5。", "choiceIndex": 0}, {"year": 2020, "title": "团建翻车", "eventId": "ev_new_team_dinner", "outcome": "你把手机调成了飞行模式。第二天回来发现天没有塌。Health+8。", "choiceIndex": 1}, {"year": 2021, "title": "投资人日", "eventId": "ev_new_investor_day", "outcome": "你给了一个万能答案。主持人微笑着翻过了这个话题。没有人记住你说了什么。Network+3。", "choiceIndex": 1}, {"year": 2022, "title": "反向尽调", "eventId": "ev_anecdote_reverse_dd", "outcome": "你优雅地退出了竞价。三个月后那家公司估值缩水一半，拿了大基金的钱却被当成了提款机。你的判断力再次得到了验证。Network+8。", "choiceIndex": 1}, {"year": 2023, "title": "标题党", "eventId": "ev_anecdote_media_misquote", "outcome": "你花了一整天时间给每个被投公司的CEO打电话解释。他们大多表示理解——但有一个CEO说：\"我希望下次如果你要公开说什么，先告诉我们一声。\"Network+5，Health-2。", "choiceIndex": 0}, {"year": 2024, "title": "竞对的谣言", "eventId": "ev_anecdote_rival_fund", "outcome": "你发了一份详细的portfolio更新，数据充分、逻辑清晰。LP们不仅没有被谣言影响，反而对你更加信任了。Track Record+6。", "choiceIndex": 0}, {"year": 2025, "title": "联合投资邀约", "eventId": "ev_network_coinvest", "outcome": "你第一次以领投方的身份出现在行业媒体的报道中。虽然这个deal本身回报一般，但你的名字开始被更多圈外人知道了。AUM+5，Track Record+2，Network+3。", "choiceIndex": 0}], "investments": [{"year": 2006, "amount": 5, "isLead": true, "sector": "pc_internet", "status": "resolved", "outcome": "failure", "projectId": "p_2005_im", "outcomeText": "企业市场付费意愿太低，从未达到盈亏平衡。", "projectName": "迅捷通", "maturityYear": 2008, "returnMultiple": 0}, {"year": 2007, "amount": 5, "isLead": true, "sector": "gaming", "status": "resolved", "outcome": "failure", "projectId": "p_2008_virtual", "outcomeText": "游戏公司联合封杀，所有交易渠道被切断。", "projectName": "换物宝", "maturityYear": 2009, "returnMultiple": 0}, {"year": 2008, "amount": 17, "isLead": true, "sector": "pc_internet", "status": "resolved", "outcome": "breakeven", "projectId": "p_2007_antivirus", "outcomeText": "免费模式烧钱太快，广告收入跟不上，估值缩水至成本线。", "projectName": "铁壁安全", "maturityYear": 2011, "returnMultiple": 0.8016098656691611}, {"year": 2009, "amount": 17, "isLead": true, "sector": "fintech", "status": "resolved", "outcome": "breakeven", "projectId": "p_2012_payment", "outcomeText": "支付宝和微信的二维码横扫市场，NFC路线被边缘化。", "projectName": "易结付", "maturityYear": 2011, "returnMultiple": 1.0777366722002626}, {"year": 2010, "amount": 8, "isLead": true, "sector": "mobile", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2009_mobilead", "outcomeText": "业务跟随市场稳步增长，在细分领域建立壁垒回报3倍。", "projectName": "指媒传媒", "maturityYear": 2011, "returnMultiple": 3.237627888126298}, {"year": 2011, "amount": 14, "isLead": true, "sector": "mobile", "status": "resolved", "outcome": "breakeven", "projectId": "p_2009_im2", "outcomeText": "微信发布后DAU断崖下跌，百万用户一夜迁移。", "projectName": "轻语", "maturityYear": 2012, "returnMultiple": 1.1036054750904445}, {"year": 2012, "amount": 13, "isLead": true, "sector": "mobile", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2012_weibo", "outcomeText": "在大学生群体中爆发，被字节跳动着中收购回报4倍。", "projectName": "微声", "maturityYear": 2014, "returnMultiple": 8.010081562937703}, {"year": 2013, "amount": 12, "isLead": true, "sector": "o2o", "status": "resolved", "outcome": "breakeven", "projectId": "p_2013_food", "outcomeText": "补贴大战打不起，校园市场被巨头分食。", "projectName": "味达外卖", "maturityYear": 2016, "returnMultiple": 1.0961958209052682}, {"year": 2014, "amount": 19, "isLead": true, "sector": "fintech", "status": "resolved", "outcome": "breakeven", "projectId": "p_2014_p2p", "outcomeText": "监管风暴中平台清退，作为股东拿回本金。", "projectName": "鑫融金服", "maturityYear": 2015, "returnMultiple": 1.0434012453071777}, {"year": 2015, "amount": 18, "isLead": true, "sector": "mobile", "status": "resolved", "outcome": "breakeven", "projectId": "p_2015_live", "outcomeText": "内容监管收紧+头部主播流失，营收腰斩后艰难保本。", "projectName": "燎原直播", "maturityYear": 2018, "returnMultiple": 0.8992801965214312}, {"year": 2016, "amount": 16, "isLead": true, "sector": "fintech", "status": "resolved", "outcome": "failure", "projectId": "p_2017_blockchain", "outcomeText": "白皮书上的东西从来没做出来过。团队在巴厘岛团建后就再没回过办公室。", "projectName": "链联科技", "maturityYear": 2018, "returnMultiple": 0}, {"year": 2017, "amount": 19, "isLead": true, "sector": "ecommerce", "status": "resolved", "outcome": "breakeven", "projectId": "p_2016_crossborder", "outcomeText": "关税加征后跨境成本飙升，利润率被吃掉一半。", "projectName": "购通全球", "maturityYear": 2019, "returnMultiple": 1.016641612071544}, {"year": 2018, "amount": 12, "isLead": true, "sector": "ai", "status": "resolved", "outcome": "failure", "projectId": "p_2020_privacy", "outcomeText": "开源框架成熟化后技术壁垒消失，创业公司被替代。", "projectName": "暗盾科技", "maturityYear": 2020, "returnMultiple": 0}, {"year": 2019, "amount": 23, "isLead": true, "sector": "ecommerce", "status": "resolved", "outcome": "breakeven", "projectId": "p_2018_group_buying", "outcomeText": "巨头补贴战烧不起，退守区域市场估值腰斩。", "projectName": "近邻优选", "maturityYear": 2020, "returnMultiple": 0.886584690026939}, {"year": 2020, "amount": 22, "isLead": true, "sector": "consumer", "status": "resolved", "outcome": "breakeven", "projectId": "p_2021_toy", "outcomeText": "盲盒退潮+IP生命周期短，爆款之后再无爆款。", "projectName": "潮物星球", "maturityYear": 2022, "returnMultiple": 0.8165676099248231}, {"year": 2021, "amount": 15, "isLead": true, "sector": "saas", "status": "resolved", "outcome": "breakeven", "projectId": "p_2021_saas_hr", "outcomeText": "客户流失率高于预期，SaaS模式在中国水土不服。", "projectName": "人智云", "maturityYear": 2022, "returnMultiple": 1.1213682969100771}, {"year": 2022, "amount": 28, "isLead": true, "sector": "new_energy", "status": "resolved", "outcome": "breakeven", "projectId": "p_2025_lowalt", "outcomeText": "适航认证进展缓慢，烧钱速度远超预期估值下修。", "projectName": "云翔科技", "maturityYear": 2023, "returnMultiple": 1.0925670807249843}, {"year": 2023, "amount": 18, "isLead": true, "sector": "aigc", "status": "resolved", "outcome": "breakeven", "projectId": "p_2022_aigc_text", "outcomeText": "大模型太烧钱A轮后无法继续融资，团队被大厂收编收回成本。", "projectName": "语思科技", "maturityYear": 2025, "returnMultiple": 1.0371320622041822}, {"year": 2024, "amount": 21, "isLead": true, "sector": "aigc", "status": "pending", "outcome": "breakeven", "projectId": "p_2025_aigc_video", "outcomeText": "大厂自研视频模型效果超越，创业公司的护城河不够深。", "projectName": "幻象科技", "maturityYear": 2026, "returnMultiple": 0.8993609351105989}, {"year": 2025, "amount": 25, "isLead": true, "sector": "ai", "status": "pending", "outcome": "breakeven", "projectId": "p_2025_embodied2", "outcomeText": "工业客户决策周期极长，烧钱速度跟不上签单速度。", "projectName": "灵巧对手——铁臂科技", "maturityYear": 2028, "returnMultiple": 0.8879919512197376}]}