{"events": [{"year": 2007, "title": "标题党", "eventId": "ev_anecdote_media_misquote", "outcome": "朋友圈发出去后评论区更热闹了。有人支持你，有人说你此地无银。你意识到在社交媒体时代，解释就是二次传播，Network-5。", "choiceIndex": 1}, {"year": 2008, "title": "小道消息", "eventId": "ev_new_market_rumor", "outcome": "你根据消息调整了投资策略。两个月后政策出台，你的portfolio几乎没有受影响。Track Record+3，Network+3。", "choiceIndex": 0}, {"year": 2009, "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": 2010, "title": "年终排名", "eventId": "ev_career_ranking", "outcome": "MD坦诚告诉你——不是你不好，是今年的明星项目恰好都在别人手上。耐心等待，机会会来。Network+8。", "choiceIndex": 1}, {"year": 2011, "title": "Carry的传说", "eventId": "ev_anecdote_carry_talk", "outcome": "大家心照不宣地笑了。在这个行业里，没有人真的会透露自己的carry——但每个人都想知道别人的。", "choiceIndex": 1}, {"year": 2012, "title": "异常沉默", "eventId": "ev_warn_radio_silence", "outcome": "CEO接了电话。他的声音很疲惫——公司账上只剩三个月现金，他不想告诉你，因为他觉得\"对不起你的信任\"。你提前知道了坏消息，至少有时间做准备了，Health-3。", "choiceIndex": 0}, {"year": 2013, "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": 2014, "title": "恩师的电话", "eventId": "ev_career_mentor", "outcome": "你接过了mentor的衣钵。AUM+15，Track Record+6。但你从此背上了一份沉甸甸的责任——你不能辜负他的信任，Network+13。", "choiceIndex": 0}, {"year": 2015, "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": 2016, "title": "朋友圈风波", "eventId": "ev_chain_founder_wechat", "outcome": "你发了一条微信：\"最近压力大？出来喝一杯？\"创始人秒回：\"不好意思，不是说你。\"但你注意到他删除了那条朋友圈。Network+5。", "choiceIndex": 0}, {"year": 2017, "title": "技术突破", "eventId": "ev_chain_breakthrough", "outcome": "你以最快速度完成了追加投资的流程。三个月后公司的估值翻了五倍。AUM+15，Track Record+7。", "choiceIndex": 0}, {"year": 2018, "title": "醉酒的创始人", "eventId": "ev_new_drunk_founder", "outcome": "你把创始人约到办公室，把昨晚的事情告诉了他。他沉默了很久，然后打开电脑给你看了真实的数据——比他说的好很多，但确实有些水分。你们达成了整改共识。Track Record+2，Network-3。", "choiceIndex": 1}, {"year": 2019, "title": "EMBA的诱惑", "eventId": "ev_new_emba", "outcome": "你交了60万学费。开学第一天就认识了三个LP和一个行业大佬。虽然周末全没了，但值得。AUM-6（学费），Network+15，Health-4。", "choiceIndex": 0}, {"year": 2020, "title": "朋友圈晒战绩", "eventId": "ev_new_moment_showoff", "outcome": "你没有晒合影，而是写了一篇800字的投资逻辑拆解。行业大佬转发并评论'有深度'，LP也觉得你很专业。Track Record+2，Network+3，Health-3（写了一晚上）。", "choiceIndex": 2}, {"year": 2021, "title": "第一次投委会", "eventId": "ev_career_first_ic", "outcome": "讲到第20页的时候，大合伙人起身去接了个电话。第40页的时候，第二位合伙人开始刷手机。你的第一个deal被搁置了，Track Record-5。", "choiceIndex": 1}, {"year": 2022, "title": "TS拉锯战", "eventId": "ev_anecdote_ts_drama", "outcome": "你礼貌地退出了竞争。\"估值不是一切\"——你对创始人说。两周后创始人又联系了你：对方在尽调中发现了问题撤回了TS。你现在有了谈判的主动权，Track Record+4。", "choiceIndex": 0}, {"year": 2023, "title": "行业峰会", "eventId": "ev_career_conference", "outcome": "你的发言被媒体引用为\"本次峰会最有价值的观点之一\"。会后有三家基金的合伙人主动来交换名片。Network+14，Track Record+4。", "choiceIndex": 0}, {"year": 2024, "title": "招人季", "eventId": "ev_new_team_expansion", "outcome": "你招了一个在新能源行业干了15年的工程师。他看项目的角度和金融背景的人完全不同，补上了团队的短板。Track Record+2，Network+6。", "choiceIndex": 2}, {"year": 2025, "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": 2026, "title": "Carry分配", "eventId": "ev_new_equity_review", "outcome": "你在午饭时找合伙人聊了聊。他说：'明年给你调。'你不确定'明年'是不是一个永远到不了的词。AUM+3（小幅调整）。", "choiceIndex": 1}], "investments": [{"year": 2006, "amount": 10, "isLead": true, "sector": "ecommerce", "status": "resolved", "outcome": "failure", "projectId": "p_2007_b2b", "outcomeText": "金融危机+巨头入场双重打击，资金链断裂。", "projectName": "联通商网", "maturityYear": 2007, "returnMultiple": 0}, {"year": 2007, "amount": 9, "isLead": true, "sector": "pc_internet", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2008_adnetwork", "outcomeText": "在游戏和电商垂直广告做到第一回报3倍。", "projectName": "流量聚", "maturityYear": 2010, "returnMultiple": 1.6953454917599444}, {"year": 2008, "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": 2011, "returnMultiple": 3.5052155347703957}, {"year": 2009, "amount": 17, "isLead": true, "sector": "fintech", "status": "resolved", "outcome": "huge_success", "projectId": "p_2012_payment", "outcomeText": "被银联收编成为其移动支付技术供应商，回报8倍。", "projectName": "易结付", "maturityYear": 2011, "returnMultiple": 11.663710993062706}, {"year": 2010, "amount": 5, "isLead": true, "sector": "gaming", "status": "resolved", "outcome": "breakeven", "projectId": "p_2010_mobilegame", "outcomeText": "一款大作失败后元气大伤，被收购仅收回成本。", "projectName": "灵跃游戏", "maturityYear": 2013, "returnMultiple": 1.0607962749898434}, {"year": 2011, "amount": 17, "isLead": true, "sector": "ecommerce", "status": "resolved", "outcome": "failure", "projectId": "p_2012_ecom_mobile", "outcomeText": "供应链和物流投入不足，用户复购率持续走低。", "projectName": "掌上购物", "maturityYear": 2013, "returnMultiple": 0}, {"year": 2012, "amount": 5, "isLead": true, "sector": "mobile", "status": "resolved", "outcome": "breakeven", "projectId": "p_2009_appstore", "outcomeText": "手机厂商预装商店成为主流，第三方商店边缘化。", "projectName": "应用集市", "maturityYear": 2015, "returnMultiple": 0.9102579891681672}, {"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": 2014, "returnMultiple": 1.0580540169030428}, {"year": 2014, "amount": 12, "isLead": true, "sector": "saas", "status": "resolved", "outcome": "breakeven", "projectId": "p_2017_saas_crm", "outcomeText": "SaaS订阅模式在国内变现困难，增长不及预期勉强保本。", "projectName": "客云端", "maturityYear": 2016, "returnMultiple": 0.8047340410761535}, {"year": 2016, "amount": 21, "isLead": true, "sector": "ecommerce", "status": "resolved", "outcome": "failure", "projectId": "p_2016_overseas_shop", "outcomeText": "新政策要求全品类加征关税，商业模型瞬间崩塌。", "projectName": "全球淘", "maturityYear": 2018, "returnMultiple": 0}, {"year": 2016, "amount": 16, "isLead": true, "sector": "ai", "status": "resolved", "outcome": "breakeven", "projectId": "p_2015_ai", "outcomeText": "产品和销售遇到瓶颈增长放缓，被国内云厂商低价收购。", "projectName": "灵智科技", "maturityYear": 2017, "returnMultiple": 1.0656535336747766}, {"year": 2017, "amount": 11, "isLead": true, "sector": "overseas", "status": "resolved", "outcome": "breakeven", "projectId": "p_2015_overseas_tool", "outcomeText": "亚马逊自建工具免费化，第三方SaaS被边缘化。", "projectName": "越境通", "maturityYear": 2019, "returnMultiple": 1.0358518612571062}, {"year": 2017, "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": 2019, "returnMultiple": 1.1476777223870158}, {"year": 2017, "amount": 9, "isLead": true, "sector": "ai", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2017_edu", "outcomeText": "在线1v1模式口碑极佳但规模化困难回报2倍。", "projectName": "蒜头编程", "maturityYear": 2018, "returnMultiple": 3.354634094196371}, {"year": 2018, "amount": 21, "isLead": true, "sector": "ai", "status": "resolved", "outcome": "breakeven", "projectId": "p_2021_cobot", "outcomeText": "工业巨头推出更具性价比的协作方案，创业公司无力竞争。", "projectName": "协智制造", "maturityYear": 2021, "returnMultiple": 1.0639548340812326}, {"year": 2018, "amount": 20, "isLead": true, "sector": "overseas", "status": "resolved", "outcome": "breakeven", "projectId": "p_2019_overseas_game", "outcomeText": "本地化成本远超预期，一款大作的失败抹平了所有利润。", "projectName": "扬帆游戏工场", "maturityYear": 2020, "returnMultiple": 0.8012146876193583}, {"year": 2018, "amount": 19, "isLead": true, "sector": "saas", "status": "resolved", "outcome": "huge_success", "projectId": "p_2020_data_mid", "outcomeText": "被阿里收购——他们需要你的政企客户关系回报10倍。", "projectName": "数澜数据", "maturityYear": 2020, "returnMultiple": 6.655357720376924}, {"year": 2019, "amount": 26, "isLead": true, "sector": "semiconductor", "status": "resolved", "outcome": "failure", "projectId": "p_2019_semi", "outcomeText": "被美国列入实体清单，无法获得EDA工具授权，研发中断投资大幅减值。", "projectName": "芯元芯片", "maturityYear": 2021, "returnMultiple": 0}, {"year": 2019, "amount": 32, "isLead": true, "sector": "ai", "status": "resolved", "outcome": "breakeven", "projectId": "p_2021_autopilot", "outcomeText": "技术路线多次调整，融资节奏没跟上，被头部公司并购。", "projectName": "驾途科技", "maturityYear": 2021, "returnMultiple": 1.1997601706534624}, {"year": 2020, "amount": 22, "isLead": true, "sector": "consumer", "status": "resolved", "outcome": "failure", "projectId": "p_2021_toy", "outcomeText": "核心设计师被挖走，IP储备枯竭，复购率崩塌。", "projectName": "潮物星球", "maturityYear": 2022, "returnMultiple": 0}, {"year": 2020, "amount": 28, "isLead": true, "sector": "new_energy", "status": "resolved", "outcome": "breakeven", "projectId": "p_2018_ev", "outcomeText": "补贴退坡后单车成本飙升，定价失去竞争力。", "projectName": "电动未来", "maturityYear": 2023, "returnMultiple": 1.0893669999204576}, {"year": 2020, "amount": 31, "isLead": true, "sector": "semiconductor", "status": "resolved", "outcome": "breakeven", "projectId": "p_2019_chip2", "outcomeText": "流片后性能不达预期，二次流片耗尽融资。", "projectName": "星际半导体", "maturityYear": 2022, "returnMultiple": 1.1270197632722558}, {"year": 2021, "amount": 17, "isLead": true, "sector": "consumer", "status": "resolved", "outcome": "breakeven", "projectId": "p_2019_beauty", "outcomeText": "流量红利消退后增长乏力，ROI持续走低估值停滞。", "projectName": "花语纪", "maturityYear": 2023, "returnMultiple": 0.8026249342598022}, {"year": 2021, "amount": 29, "isLead": true, "sector": "consumer", "status": "resolved", "outcome": "huge_success", "projectId": "p_2018_consumer", "outcomeText": "踩中国潮红利全国开店3000家，港股上市市值破千亿回报15倍。", "projectName": "活力伙伴", "maturityYear": 2023, "returnMultiple": 11.15084914878011}, {"year": 2022, "amount": 14, "isLead": true, "sector": "fintech", "status": "resolved", "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": 2024, "returnMultiple": 7.09782675197348}, {"year": 2022, "amount": 18, "isLead": true, "sector": "aigc", "status": "resolved", "outcome": "huge_success", "projectId": "p_2022_aigc_text", "outcomeText": "技术突破+开源策略获巨大关注成为大模型赛道头部公司回报50倍——但你在估值最高时退出了吗？", "projectName": "语思科技", "maturityYear": 2026, "returnMultiple": 47.85689154595137}, {"year": 2022, "amount": 21, "isLead": true, "sector": "aigc", "status": "resolved", "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": 2025, "returnMultiple": 0.9545428174547852}, {"year": 2023, "amount": 23, "isLead": true, "sector": "healthcare", "status": "resolved", "outcome": "breakeven", "projectId": "p_2023_aidrug", "outcomeText": "临床数据不如预期，AI制药的光环褪去融资困难。", "projectName": "创药科技", "maturityYear": 2026, "returnMultiple": 0.9058062332682312}, {"year": 2023, "amount": 9, "isLead": true, "sector": "aigc", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2023_aisafety", "outcomeText": "政府和金融行业AI审计刚需回报5倍。", "projectName": "校准智能", "maturityYear": 2025, "returnMultiple": 9.52660234195646}, {"year": 2023, "amount": 34, "isLead": true, "sector": "new_energy", "status": "resolved", "outcome": "breakeven", "projectId": "p_2023_fusion", "outcomeText": "在政府项目和科研经费中勉强生存，商业回报遥遥无期。", "projectName": "核聚动力", "maturityYear": 2026, "returnMultiple": 0.8579251240007579}, {"year": 2024, "amount": 25, "isLead": true, "sector": "aigc", "status": "resolved", "outcome": "failure", "projectId": "p_2022_aigc_rival", "outcomeText": "DeepSeek开源多模态模型后技术路线被完全覆盖。", "projectName": "言思的对手——万象智能", "maturityYear": 2026, "returnMultiple": 0}, {"year": 2024, "amount": 14, "isLead": true, "sector": "overseas", "status": "pending", "outcome": "moderate_success", "projectId": "p_2024_overseas_ai", "outcomeText": "在短剧出海细分赛道建立垄断地位回报5倍。", "projectName": "AI远航计划", "maturityYear": 2027, "returnMultiple": 8.190586047819815}, {"year": 2024, "amount": 18, "isLead": true, "sector": "healthcare", "status": "resolved", "outcome": "huge_success", "projectId": "p_2024_synbio", "outcomeText": "在化妆品原料方向率先量产，成本比化工路线低60%回报15倍。", "projectName": "创世纪元", "maturityYear": 2026, "returnMultiple": 11.368307354766875}, {"year": 2025, "amount": 25, "isLead": true, "sector": "semiconductor", "status": "pending", "outcome": "moderate_success", "projectId": "p_2022_quantum", "outcomeText": "在量子化学模拟领域找到早期应用场景回报5倍。", "projectName": "量子飞跃", "maturityYear": 2028, "returnMultiple": 26.94939211791381}, {"year": 2025, "amount": 28, "isLead": true, "sector": "new_energy", "status": "pending", "outcome": "failure", "projectId": "p_2025_lowalt", "outcomeText": "一起事故引发全社会对低空飞行安全的质疑，行业被监管冰封。", "projectName": "云翔科技", "maturityYear": 2027, "returnMultiple": 0}, {"year": 2025, "amount": 17, "isLead": true, "sector": "aigc", "status": "pending", "outcome": "breakeven", "projectId": "p_2024_digitalhuman", "outcomeText": "平台突然禁止AI数字人直播，所有客户一夜停用。", "projectName": "影分身", "maturityYear": 2027, "returnMultiple": 1.0846199546940625}, {"year": 2026, "amount": 25, "isLead": true, "sector": "new_energy", "status": "pending", "outcome": "moderate_success", "projectId": "p_2023_energy_storage", "outcomeText": "在长三角和珠三角园区站稳，年订单破50亿回报3倍。", "projectName": "蓄能未来", "maturityYear": 2028, "returnMultiple": 3.5845249387202784}, {"year": 2026, "amount": 29, "isLead": true, "sector": "new_energy", "status": "pending", "outcome": "failure", "projectId": "p_2023_space", "outcomeText": "火箭发射失败+保险拒赔+客户索赔=死亡三重奏。", "projectName": "星际航天", "maturityYear": 2027, "returnMultiple": 0}]}