{"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": "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": 2009, "title": "数据泄露", "eventId": "ev_chain_data_breach", "outcome": "你建议公司主动向监管报告并启动用户赔偿。短期损失巨大，但赢得了监管的信任。一年后这家公司成了行业数据安全的标杆。Track Record+3，Network+3，AUM-5。", "choiceIndex": 1}, {"year": 2010, "title": "天上掉馅饼", "eventId": "ev_new_random_luck", "outcome": "你没有投。一年后这家公司估值翻了五倍。你狠狠地拍了一下桌子。Health-5。", "choiceIndex": 1}, {"year": 2011, "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": 2012, "title": "SPAC的诱惑", "eventId": "ev_anecdote_spac", "outcome": "你拒绝了。半年后SPAC市场崩盘，一大批通过SPAC上市的公司面临集体诉讼。你的创始人打电话来：谢谢你当初拦住了我。Network+5。", "choiceIndex": 1}, {"year": 2013, "title": "电梯演讲", "eventId": "ev_new_elevator_pitch", "outcome": "你聊了十分钟宏观经济和企业数字化。企业家礼貌地交换了名片，但你能感觉到他没有被打动。Network+4。", "choiceIndex": 1}, {"year": 2014, "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": 2015, "title": "竞业风波", "eventId": "ev_career_noncompete", "outcome": "你付了一笔和解费。虽然肉疼，但事情很快平息了。AUM-10。你觉得不值得但也没办法——在VC这行，扯上官司就是输了。", "choiceIndex": 1}, {"year": 2016, "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": 2017, "title": "CEO的朋友圈", "eventId": "ev_anecdote_portfolio_ceo", "outcome": "他秒回了。你们聊了两个小时——原来他的联合创始人刚刚提了离职。你帮他分析了局面，他决定第二天跟联合创始人做最后一次深谈。后来联合创始人留了下来。Network+13。", "choiceIndex": 0}, {"year": 2018, "title": "竞品突袭", "eventId": "ev_chain_rival", "outcome": "你和创始人花了一个周末重新定位。虽然市场空间缩小了，但找到了一片蓝海。公司活了下来。Track Record+4，Health-5。", "choiceIndex": 0}, {"year": 2019, "title": "创始人失联", "eventId": "ev_chain_arrest", "outcome": "你第一时间组建了危机小组，冻结了公司账户，保住了剩余资产。虽然损失了大部分投资，但避免了最坏的情况。AUM-6，Health-7。", "choiceIndex": 0}, {"year": 2020, "title": "第一次投委会", "eventId": "ev_career_first_ic", "outcome": "你的pre得到了三个合伙人一致点头。mentor拍了拍你的肩膀。Track Record+4，Health-5。", "choiceIndex": 0}, {"year": 2021, "title": "创始人的微信", "eventId": "ev_chain_founder_divorce", "outcome": "你亲自飞到创始人所在的城市，跟夫妻双方分别谈了四个小时。你暂时稳住了局面。但这一趟把你累得够呛。Health-12，Network+8。", "choiceIndex": 0}, {"year": 2022, "title": "圈内丑闻", "eventId": "ev_network_gossip", "outcome": "LP听懂了你的暗示。当丑闻曝光时，你的LP是少数提前做了准备的。他对你的信任大幅提升。Network+8，Track Record+2。", "choiceIndex": 1}, {"year": 2023, "title": "家里的电话", "eventId": "ev_new_family_pressure", "outcome": "你给妈妈看了一个你投的项目上了新闻的报道。她虽然不太懂，但很开心。'那我跟王阿姨说，我儿子投的公司上电视了。'Health+5，Network+2。", "choiceIndex": 0}, {"year": 2024, "title": "升职窗口", "eventId": "ev_new_promotion", "outcome": "你整理了一份完整的投资业绩报告发给合伙人。最终你拿到了晋升——因为你的数据确实更好。Track Record+4，Network+5。", "choiceIndex": 0}, {"year": 2025, "title": "写一本书吧", "eventId": "ev_end_write_book", "outcome": "你花了半年时间写了《二十年创投笔记》。这本书成了行业必读书目。你找到了比投资更有意义的事——传承。游戏结束——但你留下的东西会继续。", "choiceIndex": 0}], "investments": [{"year": 2006, "amount": 10, "isLead": true, "sector": "ecommerce", "status": "resolved", "outcome": "breakeven", "projectId": "p_2007_b2b", "outcomeText": "2008年金融危机重创外贸，公司转型内贸，艰难保本。", "projectName": "联通商网", "maturityYear": 2009, "returnMultiple": 1.1501188970170917}, {"year": 2007, "amount": 17, "isLead": true, "sector": "pc_internet", "status": "resolved", "outcome": "failure", "projectId": "p_2007_antivirus", "outcomeText": "与杀毒巨头陷入公关战，被对手免费策略反噬，用户流失殆尽。", "projectName": "铁壁安全", "maturityYear": 2008, "returnMultiple": 0}, {"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": 2010, "returnMultiple": 2.1407216285029427}, {"year": 2009, "amount": 14, "isLead": true, "sector": "mobile", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2009_im2", "outcomeText": "在垂直人群（游戏/校园）中找到差异化空间回报3倍。", "projectName": "轻语", "maturityYear": 2010, "returnMultiple": 6.821952746689784}, {"year": 2010, "amount": 8, "isLead": true, "sector": "mobile", "status": "resolved", "outcome": "breakeven", "projectId": "p_2009_mobilead", "outcomeText": "巨头入场碾压，公司差异化不足，回报接近成本。", "projectName": "指媒传媒", "maturityYear": 2011, "returnMultiple": 1.102752619981766}, {"year": 2011, "amount": 13, "isLead": true, "sector": "mobile", "status": "resolved", "outcome": "failure", "projectId": "p_2010_map", "outcomeText": "地图数据采集成本太高，融资烧完时仍无盈利模式。", "projectName": "途行导航", "maturityYear": 2013, "returnMultiple": 0}, {"year": 2012, "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": 2014, "returnMultiple": 0}, {"year": 2013, "amount": 19, "isLead": true, "sector": "ecommerce", "status": "resolved", "outcome": "failure", "projectId": "p_2016_crossborder", "outcomeText": "国际物流成本暴涨+供应链中断，订单大量取消。", "projectName": "购通全球", "maturityYear": 2015, "returnMultiple": 0}, {"year": 2014, "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": 2015, "returnMultiple": 0.9074435161426664}, {"year": 2015, "amount": 24, "isLead": true, "sector": "ecommerce", "status": "resolved", "outcome": "failure", "projectId": "p_2016_newretail", "outcomeText": "生鲜损耗+冷链物流+门店租金=不可持续的烧钱模型，资金断裂。", "projectName": "鲜达生活", "maturityYear": 2017, "returnMultiple": 0}, {"year": 2016, "amount": 11, "isLead": true, "sector": "overseas", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2015_overseas_tool", "outcomeText": "在亚马逊卖家群体中建立口碑ARR过亿回报3倍。", "projectName": "越境通", "maturityYear": 2017, "returnMultiple": 3.194066102122888}, {"year": 2017, "amount": 10, "isLead": true, "sector": "fintech", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2017_insurtech", "outcomeText": "在健康险和旅行险细分做到第一回报3倍。", "projectName": "安保易", "maturityYear": 2019, "returnMultiple": 1.9608992000855503}, {"year": 2018, "amount": 26, "isLead": true, "sector": "new_energy", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2021_ev_battery", "outcomeText": "在特定应用场景率先量产，成为电池细分龙头回报5倍。", "projectName": "锂能科技", "maturityYear": 2021, "returnMultiple": 7.581759109455161}, {"year": 2019, "amount": 26, "isLead": true, "sector": "semiconductor", "status": "resolved", "outcome": "huge_success", "projectId": "p_2019_semi", "outcomeText": "国产替代东风+技术突破，成功流片获国家大基金加持科创板上市回报30倍。", "projectName": "芯元芯片", "maturityYear": 2023, "returnMultiple": 29.339121453417462}, {"year": 2020, "amount": 21, "isLead": true, "sector": "ai", "status": "resolved", "outcome": "moderate_success", "projectId": "p_2021_cobot", "outcomeText": "在3C电子装配场景大量部署回报3倍。", "projectName": "协智制造", "maturityYear": 2021, "returnMultiple": 4.6285103722382335}, {"year": 2021, "amount": 17, "isLead": true, "sector": "consumer", "status": "resolved", "outcome": "failure", "projectId": "p_2019_beauty", "outcomeText": "代工厂被曝质量问题，品牌声誉崩塌，退货率飙升。", "projectName": "花语纪", "maturityYear": 2022, "returnMultiple": 0}, {"year": 2022, "amount": 29, "isLead": true, "sector": "new_energy", "status": "resolved", "outcome": "breakeven", "projectId": "p_2023_space", "outcomeText": "一次发射失败炸掉了全年的收入。", "projectName": "星际航天", "maturityYear": 2024, "returnMultiple": 1.0228098849765956}, {"year": 2022, "amount": 17, "isLead": true, "sector": "overseas", "status": "resolved", "outcome": "breakeven", "projectId": "p_2023_overseas", "outcomeText": "地缘政治导致主要市场被封，被迫收缩估值缩水。", "projectName": "远洋电商", "maturityYear": 2024, "returnMultiple": 0.9034466857090592}, {"year": 2022, "amount": 9, "isLead": true, "sector": "aigc", "status": "resolved", "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": 2024, "returnMultiple": 0.8363482418470085}, {"year": 2023, "amount": 23, "isLead": true, "sector": "healthcare", "status": "pending", "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": 1.15604217806831}, {"year": 2023, "amount": 28, "isLead": true, "sector": "new_energy", "status": "pending", "outcome": "moderate_success", "projectId": "p_2025_lowalt", "outcomeText": "在物流无人机领域率先商业化回报5倍。", "projectName": "云翔科技", "maturityYear": 2026, "returnMultiple": 7.881365365376696}, {"year": 2023, "amount": 25, "isLead": true, "sector": "aigc", "status": "pending", "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": 2025, "returnMultiple": 1.09876749496907}, {"year": 2024, "amount": 25, "isLead": true, "sector": "ai", "status": "pending", "outcome": "huge_success", "projectId": "p_2025_embodied2", "outcomeText": "被比亚迪战略投资+批量采购，成为其超级工厂核心供应商回报12倍。", "projectName": "灵巧对手——铁臂科技", "maturityYear": 2026, "returnMultiple": 7.725397416986526}, {"year": 2024, "amount": 18, "isLead": true, "sector": "healthcare", "status": "pending", "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": 0.8614872181788087}]}