{"events": [{"year": 2007, "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": 2008, "title": "天降大礼", "eventId": "ev_chain_acquisition", "outcome": "你说服了创始人接受收购。8倍回报落袋，LP们对你的决策赞不绝口。但你心里清楚——这家公司如果独立发展，可能值20倍。AUM+15，Track Record+6。", "choiceIndex": 0}, {"year": 2009, "title": "FA的BP轰炸", "eventId": "ev_anecdote_fa_bp", "outcome": "你花了三个小时读完了200页。第198页上写着免责声明：\"以上所有数据均为项目方提供，FA未进行独立核实。\"Health-2，但你对行业又多了一层理解。", "choiceIndex": 0}, {"year": 2010, "title": "并购传闻", "eventId": "ev_new_ma_rumor", "outcome": "你没有主动联系。两周后并购消息正式公布。创始人在感谢名单里没有提到你。Network-3。", "choiceIndex": 1}, {"year": 2011, "title": "彻夜未眠", "eventId": "ev_anecdote_sleepless", "outcome": "第二天你给出了反对追加的理由。你的逻辑严密，投委会同意Pass。三个月后那家公司因为核心客户流失而陷入危机。你救了基金一笔钱。Track Record+6，Health-5。", "choiceIndex": 0}, {"year": 2012, "title": "数据泄露", "eventId": "ev_chain_data_breach", "outcome": "你连夜飞到公司坐镇。公关团队72小时没合眼，终于把舆论压了下去。但监管罚款和用户诉讼接踵而至。AUM-10，Health-8。", "choiceIndex": 0}, {"year": 2013, "title": "投资人日", "eventId": "ev_new_investor_day", "outcome": "你坦诚地分享了对该赛道的担忧。台下的创业者们纷纷点头。但你的那个pending项目创始人也在台下——他当场就给你发了消息。Track Record+4，Network-7。", "choiceIndex": 0}, {"year": 2014, "title": "估值泄露", "eventId": "ev_new_leaked_valuation", "outcome": "你在群里发了一条'这个估值在同类项目中属于正常区间'的中性评论。既没有承认也没有否认，热度很快散了。Network+2，Track Record-2（创始人对你的圆滑不太满意）。", "choiceIndex": 2}, {"year": 2015, "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": 2016, "title": "尽调惊魂", "eventId": "ev_anecdote_dd_find", "outcome": "你果断退出了。创始人发了一条阴阳怪气的朋友圈——你没有回复。三个月后这家公司被媒体曝光财务造假，所有参与投资的VC都在忙着灭火。你逃过一劫，Track Record+4。", "choiceIndex": 0}, {"year": 2017, "title": "追加投资的机会", "eventId": "ev_new_follow_on", "outcome": "你把大量AUM押了上去。创始人感激涕零，在外到处说你是'最懂他的投资人'。AUM-15，Track Record+4，Network+5。", "choiceIndex": 0}, {"year": 2018, "title": "监管约谈", "eventId": "ev_new_regulatory_call", "outcome": "你认真评估后认为风险太大。你建议创始人暂停业务、寻找合规路径。虽然短期内项目受挫，但避免了更大的麻烦。Track Record+2，Health-3。", "choiceIndex": 1}, {"year": 2019, "title": "副业诱惑", "eventId": "ev_new_side_hustle", "outcome": "你周末泡在咖啡馆里写代码。Side Project很有趣，但周一上班时你发现自己精力明显不够了。Health-8，Network+6（认识了一群圈外人）。", "choiceIndex": 0}, {"year": 2020, "title": "出租车里的BP", "eventId": "ev_anecdote_taxi_pitch", "outcome": "BP在行李箱里压了三个月后被清洁阿姨扔掉了。你不会知道——那个侄子的项目后来成为了一个百亿估值公司的前端原型。当然，大概率也不会。", "choiceIndex": 1}, {"year": 2021, "title": "董事席位", "eventId": "ev_new_board_seat", "outcome": "你在董事会上提出了几个尖锐但专业的建议。创始团队虽然不太舒服，但采纳了你的意见。半年后证明你是对的。Track Record+3，Network+4。", "choiceIndex": 0}, {"year": 2022, "title": "估值下调", "eventId": "ev_new_down_round", "outcome": "你拉了另外两个老投资人一起跟投。大家各出一点，稀释摊薄了，也保住了对项目的话语权。Network+5，AUM-3，Track Record+1。", "choiceIndex": 2}, {"year": 2023, "title": "天上掉馅饼", "eventId": "ev_new_random_luck", "outcome": "你果断投了。一年后这个项目估值翻了三倍。Track Record+4，AUM-6。", "choiceIndex": 0}, {"year": 2024, "title": "SPAC的诱惑", "eventId": "ev_anecdote_spac", "outcome": "SPAC流程确实快。公司挂牌了，估值确实翻了一倍——然后三个月后跌了70%。你帮LP在高位套现了一部分。AUM+15，Track Record-3。", "choiceIndex": 0}, {"year": 2025, "title": "Title谈判", "eventId": "ev_new_title_negotiation", "outcome": "你没有争VP，而是提议了一个介于两者之间的'投资总监'。HR觉得这个方案很创新，合伙人觉得你有格局。Track Record+2，Network+4。", "choiceIndex": 2}, {"year": 2026, "title": "屠龙的冲动", "eventId": "ev_career_startup", "outcome": "你摘下了投资人的标签，走进了创业者的世界。从今天起，你要自己画饼、自己募资、自己面对那些曾经属于你的问题。游戏提前结束——但这不是失败，这是另一条路的开始。", "choiceIndex": 0}], "investments": [{"year": 2007, "amount": 5, "isLead": true, "sector": "gaming", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2008_game2", "outcomeText": "精品页游在细分玩家群中站稳，稳定盈利回报3倍。", "projectName": "烽烟游戏", "maturityYear": 2008, "returnMultiple": 2.5736341807432472}, {"year": 2008, "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": 2009, "returnMultiple": 0}, {"year": 2009, "amount": 5, "isLead": true, "sector": "gaming", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2010_mobilegame", "outcomeText": "稳定产出中等体量游戏，年利润过亿回报4倍。", "projectName": "灵跃游戏", "maturityYear": 2011, "returnMultiple": 5.535562542092521}, {"year": 2010, "amount": 5, "isLead": true, "sector": "mobile", "status": "resolved", "outcome": "failure", "projectId": "p_2009_appstore", "outcomeText": "被曝传播恶意软件，口碑崩塌，用户一夜跑光。", "projectName": "应用集市", "maturityYear": 2012, "returnMultiple": 0}, {"year": 2011, "amount": 5, "isLead": true, "sector": "saas", "status": "resolved", "outcome": "breakeven", "projectId": "p_2012_analytics", "outcomeText": "友盟被阿里收购后开始免费化，第三方工具边缘化。", "projectName": "数析科技", "maturityYear": 2013, "returnMultiple": 0.9566531195305288}, {"year": 2012, "amount": 17, "isLead": true, "sector": "ecommerce", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2012_ecom_mobile", "outcomeText": "在三四线城市做透，独立发展至IPO回报4倍。", "projectName": "掌上购物", "maturityYear": 2013, "returnMultiple": 2.2434951061941684}, {"year": 2013, "amount": 24, "isLead": true, "sector": "ecommerce", "status": "resolved", "outcome": "breakeven", "projectId": "p_2016_newretail", "outcomeText": "疯狂扩张后单店模型恶化，关店裁员潮中估值跌回B轮。", "projectName": "鲜达生活", "maturityYear": 2016, "returnMultiple": 0.9659619758836926}, {"year": 2014, "amount": 12, "isLead": true, "sector": "saas", "status": "resolved", "outcome": "failure", "projectId": "p_2017_saas_crm", "outcomeText": "钉钉上线竞品功能，生态合作伙伴秒变竞争对手。", "projectName": "客云端", "maturityYear": 2015, "returnMultiple": 0}, {"year": 2015, "amount": 21, "isLead": true, "sector": "ecommerce", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2016_overseas_shop", "outcomeText": "在母婴和美妆垂类做到第一，稳定盈利回报3倍。", "projectName": "全球淘", "maturityYear": 2018, "returnMultiple": 2.827290061768144}, {"year": 2016, "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": 2018, "returnMultiple": 0.925479258131236}, {"year": 2018, "amount": 20, "isLead": true, "sector": "overseas", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2019_overseas_game", "outcomeText": "在印尼和沙特建立本地化壁垒年利润破5亿回报4倍。", "projectName": "扬帆游戏工场", "maturityYear": 2020, "returnMultiple": 4.487887075706385}, {"year": 2019, "amount": 32, "isLead": true, "sector": "ai", "status": "resolved", "outcome": "failure", "projectId": "p_2021_autopilot", "outcomeText": "一起严重安全事故让监管全面收紧，公司无限期停摆。", "projectName": "驾途科技", "maturityYear": 2020, "returnMultiple": 0}, {"year": 2020, "amount": 26, "isLead": true, "sector": "semiconductor", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2019_semi", "outcomeText": "产品在细分领域落地被华为哈勃战略投资回报3倍。", "projectName": "芯元芯片", "maturityYear": 2022, "returnMultiple": 14.76487473230576}, {"year": 2021, "amount": 18, "isLead": true, "sector": "healthcare", "status": "resolved", "outcome": "breakeven", "projectId": "p_2020_medai", "outcomeText": "医院预算收紧，采购决策链过长，商业化远低预期。", "projectName": "睿医科技", "maturityYear": 2022, "returnMultiple": 1.1002550791949035}, {"year": 2022, "amount": 25, "isLead": true, "sector": "ai", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2025_embodied2", "outcomeText": "在汽车总装环节实现柔性自动化突破回报4倍。", "projectName": "灵巧对手——铁臂科技", "maturityYear": 2023, "returnMultiple": 5.199865392060019}, {"year": 2022, "amount": 25, "isLead": true, "sector": "aigc", "status": "resolved", "outcome": "breakeven", "projectId": "p_2022_aigc_rival", "outcomeText": "训练一次模型烧掉一轮融资，算力成本吃掉所有想象空间。", "projectName": "言思的对手——万象智能", "maturityYear": 2023, "returnMultiple": 1.0465965954586864}, {"year": 2022, "amount": 17, "isLead": true, "sector": "aigc", "status": "resolved", "outcome": "huge_success", "projectId": "p_2024_digitalhuman", "outcomeText": "抖音开放数字人直播权限后需求爆发回报10倍。", "projectName": "影分身", "maturityYear": 2024, "returnMultiple": 9.426766912490129}, {"year": 2023, "amount": 18, "isLead": true, "sector": "healthcare", "status": "resolved", "outcome": "breakeven", "projectId": "p_2024_synbio", "outcomeText": "量产放大遇到瓶颈，产出效率远低于实验室水平。", "projectName": "创世纪元", "maturityYear": 2025, "returnMultiple": 0.85403172057122}, {"year": 2023, "amount": 14, "isLead": true, "sector": "overseas", "status": "resolved", "outcome": "failure", "projectId": "p_2024_overseas_ai", "outcomeText": "翻译质量被用户群嘲，品牌声誉一落千丈。", "projectName": "AI远航计划", "maturityYear": 2024, "returnMultiple": 0}, {"year": 2023, "amount": 23, "isLead": true, "sector": "healthcare", "status": "resolved", "outcome": "failure", "projectId": "p_2023_aidrug", "outcomeText": "核心管线临床失败——这是制药行业每天都在发生的事，AI并没有改变概率。", "projectName": "创药科技", "maturityYear": 2024, "returnMultiple": 0}, {"year": 2024, "amount": 29, "isLead": true, "sector": "new_energy", "status": "pending", "outcome": "huge_success", "projectId": "p_2023_space", "outcomeText": "连续三次成功发射后被国家航天局纳入供应商体系回报35倍。", "projectName": "星际航天", "maturityYear": 2027, "returnMultiple": 33.3637350256741}, {"year": 2024, "amount": 14, "isLead": true, "sector": "fintech", "status": "pending", "outcome": "moderate_success", "projectId": "p_2024_web3", "outcomeText": "合规化转型做数字版权交易平台回报3倍。", "projectName": "链启未来", "maturityYear": 2027, "returnMultiple": 6.468267656131648}, {"year": 2024, "amount": 25, "isLead": true, "sector": "semiconductor", "status": "resolved", "outcome": "failure", "projectId": "p_2022_quantum", "outcomeText": "MIT团队实现量子纠错突破后，你的技术路线被碾压。", "projectName": "量子飞跃", "maturityYear": 2025, "returnMultiple": 0}, {"year": 2025, "amount": 9, "isLead": true, "sector": "aigc", "status": "pending", "outcome": "breakeven", "projectId": "p_2023_aisafety", "outcomeText": "AI安全概念大于实质，企业买单意愿有限。", "projectName": "校准智能", "maturityYear": 2026, "returnMultiple": 1.141261337697506}, {"year": 2025, "amount": 21, "isLead": true, "sector": "aigc", "status": "pending", "outcome": "breakeven", "projectId": "p_2025_aicustomer", "outcomeText": "一个AI客服对客户说出了不该说的话，引发舆情危机。", "projectName": "语小助", "maturityYear": 2028, "returnMultiple": 0.9174567617475988}]}