{"id":18231,"date":"2014-08-22T11:28:04","date_gmt":"2014-08-22T03:28:04","guid":{"rendered":"http:\/\/buzzorange.com\/citiorange\/2014\/08\/22\/vc-change\/"},"modified":"2014-08-22T11:28:04","modified_gmt":"2014-08-22T03:28:04","slug":"vc-change","status":"publish","type":"post","link":"https:\/\/buzzorange.com\/citiorange\/2014\/08\/22\/vc-change\/","title":{"rendered":"\u7522\u696d\u754c\u5927\u9769\u547d\u5e02\u5834\u8da8\u5411\u5169\u6975\u5316\uff0c\u9019\u662f\u5275\u6295\u696d\u672a\u4f86\u6240\u9762\u81e8\u7684\u6311\u6230"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"aligncenter\" src=\"https:\/\/farm9.staticflickr.com\/8499\/8417740754_6b227023b3_b.jpg\" alt=\"\" width=\"580\" height=\"384\" \/><\/p>\n<blockquote><p>\u300aBO\u300b\u5c0e\u8b80\uff1a\u672c\u6587\u4f5c\u8005\u662f\u64d4\u4efb\u300c\u5168\u7f8e\u5275\u6295\u5354\u6703\u300d\u4e3b\u5e2d\u7684 Scott Kupor\uff0c\u4ed6\u65bc\u6587\u4e2d\u4ee5\u7b2c\u4e00\u4eba\u7a31\u53e3\u543b\u63a2\u8a0e\u5275\u6295\u7522\u696d\u8fd1\u4f86\u767c\u751f\u7684\u7d50\u69cb\u8f49\u8b8a\u3002<\/p><\/blockquote>\n<p>\u5275\u6295\u7522\u696d\u7684\u7d50\u69cb\u9762\u81e8\u6539\u8b8a\uff0c\u9019\u4e0d\u50c5\u95dc\u4fc2\u5230\u5275\u696d\u8005\u7684\u8cc7\u91d1\u52df\u96c6\uff0c\u4e5f\u95dc\u4fc2\u5230\u6574\u500b\u91d1\u878d\u7522\u696d\u3002\u9019\u662f\u7531\u65bc\u4f01\u696d\u50be\u5411\u4e0d\u7acb\u5373\u516c\u958b\u52df\u80a1 (\u9996\u6b21\u516c\u958b\u52df\u80a1\u7684\u516c\u53f8\u8f03\u5c11)\uff0c\u52a0\u4e0a\u516c\u5171\u6295\u8cc7 (\u5305\u62ec\u907f\u96aa\u57fa\u91d1\u3001\u5171\u540c\u57fa\u91d1\u3001\u516c\u773e\u6301\u80a1\u516c\u53f8) \u4e5f\u7d1b\u7d1b\u52a0\u5165\u5275\u6295\u7522\u696d\uff0c\u56e0\u6b64\u8a72\u7522\u696d\u7684\u6539\u8b8a\u6703\u5f71\u97ff\u9019\u500b\u5e02\u5834\u4e2d\u7684\u6bcf\u500b\u4eba\u3002<\/p>\n<p>\u5275\u6295\u7522\u696d\u6b63\u5728\u6539\u8b8a\u7684\u7d50\u69cb\u662f\u672c\u6b21 Premoney \u6703\u8b70\u7684\u91cd\u8981\u4e3b\u984c\uff0c\u4e5f\u662f\u6211\u8207\u53e6\u4e00\u4f4d\u5275\u6295\u8cc7\u672c\u5bb6 Mark Suster \u4e4b\u9593\u7684\u8a0e\u8ad6\u7126\u9ede (\u8acb\u898b <a href=\"https:\/\/www.youtube.com\/watch?v=4bzcFBZbFeg&amp;feature=youtu.be&amp;list=PLOStnEM8wBOa75Y9qaQEvrZvKsHeoChvm\">1<\/a> \u3001 <a href=\"https:\/\/www.youtube.com\/watch?v=LNNyb0q-s0A&amp;feature=youtu.be&amp;list=PLOStnEM8wBOa75Y9qaQEvrZvKsHeoChvm\">2<\/a> )\u3002\u6211\u5f37\u70c8\u5efa\u8b70\u8b80\u8005\u770b\u770b Mark \u5c31\u9019\u500b\u554f\u984c\u5beb\u7684\u4e00\u5247<a href=\"\/\/www.bothsidesofthetable.com\/2014\/07\/22\/the-changing-structure-of-the-vc-industry\/\">\u8cbc\u6587<\/a>\u3002\u4ee5\u4e0b\u662f\u6211\u91dd\u5c0d\u5275\u6295\u7522\u696d\u7d50\u69cb\u6539\u8b8a\u6458\u9304\u7684\u5e7e\u500b\u91cd\u8981\u89c0\u5bdf\uff1a\u5c0f\u984d\u52df\u8cc7\u589e\u52a0 ( 2014 \u5e74\u65b0\u52df\u96c6\u7684\u8cc7\u91d1\u4e2d\uff0c\u5c0f\u984d\u52df\u8cc7\u5c31\u4f54\u4e86 67 %)\uff1b\u8cc7\u91d1\u96c6\u4e2d\u5728\u5927\u578b\u7684\u5c11\u6578\u4f01\u696d (\u7f8e\u570b\u5168\u570b\u5275\u6295\u8cc7\u672c\u5354\u6703 NVCA \u7d71\u8a08\uff0c 10 \u5bb6\u516c\u53f8\u56ca\u62ec 2012 \u5e74 48 % \u7684\u6709\u9650\u5408\u5925\u8cc7\u91d1)\uff1b\u8cc7\u672c\u984d\u4ecb\u65bc 1 \u5104\u81f3 5 \u5104\u7f8e\u5143\u4e4b\u9593\u7684\u5275\u6295\u4f01\u696d\u6578\u91cf\u6e1b\u5c11 ( 2014 \u5e74\u9019\u4e9b\u4f01\u696d\u53ea\u4f54\u7e3d\u52df\u8cc7\u7684 18 %)\uff1b\u4f01\u696d\u50be\u5411\u4e0d\u7acb\u5373\u516c\u958b\u52df\u80a1 (\u6211\u5728<a href=\"\/\/blog.pmarca.com\/2013\/03\/26\/unshackle-the-middle-class\/\">\u6b64<\/a>\u63d0\u51fa\u6703\u5982\u6b64\u7684\u539f\u56e0)\u3002<\/p>\n<p>\u554f\u984c\u662f\uff1a\u70ba\u4ec0\u9ebc\u73fe\u5728\u6703\u767c\u751f\u5275\u6295\u8cc7\u672c\u7684\u7d50\u69cb\u6539\u8b8a\uff1f\u5230\u5e95\u80cc\u5f8c\u7684\u6210\u56e0\u662f\u751a\u9ebc\uff1f\u662f\u56e0\u70ba\u79d1\u6280\u7522\u696d\u7d50\u69cb\u767c\u751f\u8b8a\u5316\u55ce\uff1f\u6211\u5011\u53c8\u8981\u5982\u4f55\u7406\u89e3\u300c\u6210\u7acb\u516c\u53f8\u9700\u8981\u7684\u9322\u8d8a\u4f86\u8d8a\u5c11\u300d\u2026\u4f46\u540c\u6642\u53c8\u300c\u5fc5\u9808\u52df\u96c6\u8d8a\u4f86\u8d8a\u591a\u5275\u6295\u8cc7\u672c\u300d\u9019\u500b\u77db\u76fe\uff1f<\/p>\n<ul>\n<li><span style=\"color: #800000;\">\u73fe\u5728\u6210\u7acb\u516c\u53f8\u6240\u9700\u8981\u7684\u8cc7\u672c\u984d\u8d8a\u4f86\u8d8a\u5c11<\/span><strong><br \/>\n<\/strong><\/li>\n<\/ul>\n<p>\u8a31\u591a\u6587\u7ae0\u5728\u63a2\u8a0e\u6210\u7acb\u79d1\u6280\u516c\u53f8\u7684\u6210\u672c\u9010\u6f38\u6e1b\u5c11\u3002\u5009\u5132\u3001\u96fb\u8166\u3001\u983b\u5bec\u3001\u7db2\u7d61\u95dc\u4fc2\u7684\u5efa\u7acb\u7b49\u6210\u672c\uff0c\u5728\u904e\u53bb\u5341\u4e94\u5e74\u6e1b\u5c11\u4e0a\u767e\u500d\u3002<\/p>\n<p>\u96a8\u8457 AWS\u3001 DigitalOcean\u3001 Rackspace \u4ee5\u53ca\u5176\u4ed6\u96f2\u7aef\u79d1\u6280\u7684\u51fa\u73fe\uff0c\u79d1\u6280\u65b0\u5275\u516c\u53f8\u7684\u5275\u696d\u6210\u672c\u5728\u4eca\u65e5\u5927\u5e45\u6e1b\u5c11\u3002\u8a31\u591a\u5275\u696d\u8005\u4ecd\u7136\u7121\u6cd5\u60f3\u50cf\u6210\u672c\u6bd4\u4ee5\u5f80\u5c11\u9019\u9ebc\u591a\uff0c\u4f46\u662f\u5728 Loudcloud \u65bc 2000 \u5e74\u52df\u8cc7\u4e4b\u969b\uff0c\u5275\u6295\u7522\u696d\u7684 O \u9322\u6e90\u6e90\u4e0d\u7d55\u5730\u5f9e\u5275\u6295\u8cc7\u672c\u516c\u53f8\u5927\u91cf\u6e67\u5165\u5c16\u7aef\u79d1\u6280\u8a2d\u5099\u516c\u53f8\u3002\u90a3\u6642\u7684\u65b0\u5275\u516c\u53f8\u5728 A \u8f2a\u878d\u8cc7\u4e2d\u53ef\u4ee5\u52df\u96c6\u5230 5 \u767e\u842c\u7f8e\u5143 (\u6c92\u932f\uff01\u90a3\u6642\u5019\u7684 A \u8f2a\u878d\u8cc7\u5c31\u53ef\u4ee5\u52df\u96c6\u5230 5 \u767e\u842c\u7f8e\u5143)\uff0c\u9019\u7b46\u9322\u5f9e\u5275\u6295\u8cc7\u672c\u9280\u884c\u5e33\u865f\u76f4\u63a5\u9032\u5165 Akamai\u3001BEA\u3001Cisco\u3001EMC\u3001Exodus\u3001Level 3 \u3001racle \u7b49\u65b0\u5275\u516c\u53f8\u7684\u9280\u884c\u5e33\u865f\u3002\u91cd\u8981\u7684\u662f\uff0c\u9019\u9322\u5728\u90a3\u6642\u5019\u9019\u662f\u9810\u652f\u7684\u8cc7\u672c\u652f\u51fa\u3002<\/p>\n<p>\u73fe\u5728\u7684\u65b0\u5275\u516c\u53f8\u53ef\u4ee5\u9748\u6d3b\u904b\u7528\u8cc7\u91d1\uff0c\u5728\u5fc5\u8981\u6642\u523b\u6216\u751f\u610f\u8d8a\u505a\u8d8a\u597d\u6642\uff0c\u518d\u63d0\u9ad8\u71df\u904b\u6210\u672c (\u76f8\u5c0d\u65bc\u8cc7\u672c\u652f\u51fa)\u3002\u958b\u767c\u8005\u751f\u7522\u5de5\u5177 (\u5982 Guthub) \u7684\u7cbe\u9032\u548c\u7a0b\u5f0f\u8a9e\u8a00 (\u5982<a href=\"\/\/cacm.acm.org\/blogs\/blog-cacm\/176450-python-is-now-the-most-popular-introductory-teaching-language-at-top-us-universities\/fulltext\">Python<\/a>) \u8b93<a href=\"\/\/cdixon.org\/2014\/04\/13\/software-eats-software-development\/\">\u8edf\u9ad4\u958b\u767c\u7684\u6548\u7387<\/a>\u500d\u589e\uff0c\u4ee5\u5f80\u9700\u8981 100 \u4f4d\u958b\u767c\u8005\u7684\u5de5\u4f5c\u73fe\u5728\u53ea\u9700\u8981 10 \u4f4d\u3002<\/p>\n<p>\u6b64\u5916\uff0c\u76f4\u63a5\u670d\u52d9\u6d88\u8cbb\u8005\u7684\u65b0\u5275\u516c\u53f8\uff0c\u5229\u7528\u7db2\u8def\u6216\u884c\u52d5\u8f09\u5177\u61c9\u7528\u7a0b\u5f0f\u5728\u5275\u696d\u4e4b\u521d\u7372\u5f97\u514d\u8cbb\u7684\u5ba2\u6e90\u5206\u5e03\u3002\u96d6\u7136\u860b\u679c\u85c9\u7531 App Store \u5411\u65b0\u5275\u516c\u53f8\u6536\u53d6\u6536\u76ca 30 % \u7684\u7a05\uff0c\u4f46\u9019\u5c0d\u4ed6\u5011\u4f86\u8aaa\u662f\u4e00\u7b46\u4fdd\u969c\u6210\u529f\u7684\u57fa\u672c\u8cbb\u7528\uff0c\u800c\u4e0d\u662f\u4e0d\u53ef\u56de\u6536\u7684\u6210\u672c\u3002<\/p>\n<p>\u540c\u6642\uff0cGoogle\u3001Facebook\u3001Twitter \u9019\u4e9b\u793e\u7fa4\u5e73\u53f0\u70ba\u65b0\u5275\u516c\u53f8\u63d0\u4f9b\u5ba2\u6e90\u7684\u7ba1\u9053\uff0c\u4f7f\u4ed6\u5011\u53ef\u4ee5\u7528\u8f03\u5c11\u7684\u8cc7\u672c\u6e2c\u8a66\u5e02\u5834\u6c34\u6eab\uff0c\u8a66\u9a57\u67d0\u7522\u54c1\u662f\u5426\u6703\u7372\u5f97\u5e02\u5834\u95dc\u6ce8\u3002\u96d6\u7136\u9019\u4e9b\u6e2c\u8a66\u4e0d\u6703\u662f\u514d\u8cbb\u7684\uff0c\u4f46\u5229\u7528\u793e\u7fa4\u5e73\u53f0\u80fd\u9396\u5b9a\u76ee\u6a19\u6d88\u8cbb\u7fa4\uff0c\u9019\u548c\u4ee5\u5f80\u9810\u652f\u8cc7\u672c\u7684\u65b9\u5f0f\u76f8\u6bd4\uff0c\u5438\u5f15\u5230\u9996\u6279\u5ba2\u7fa4\u7684\u6210\u672c\u66f4\u4f4e\u3002<\/p>\n<p>\u4e0a\u9762\u6211\u5011\u8ac7\u5230\u70ba\u4ec0\u9ebc\u5c0f\u984d\u52df\u8cc7\u6703\u589e\u52a0\uff1a\u4e00\u5bb6\u516c\u53f8\u7684\u7522\u54c1\u5f9e\u6982\u5ff5\u3001\u6210\u5f62\u3001\u63a8\u51fa\u5e02\u5834 (\u4e0d\u7ba1\u53d7\u4e0d\u53d7\u9867\u5ba2\u9752\u775e)\uff0c\u6240\u9700\u7684\u9322\u90fd\u6bd4\u4ee5\u5f80\u5c11\uff0c\u751a\u81f3\u662f\u53f2\u4e0a\u6700\u4f4e\u3002\u90a3\u9ebc\uff0c\u5982\u679c\u5275\u7acb\u516c\u53f8\u6240\u9700\u7684\u9322\u6bd4\u4ee5\u5f80\u5c11<strong>\uff0c\u6211\u5011\u8981\u5982\u4f55\u89e3\u91cb\u5275\u6295\u7522\u696d\u7684\u9322\u90fd\u96c6\u4e2d\u5728\u5927\u578b ( 1 \u5104\u5230 5 \u5104\u7f8e\u5143) \u7684\u5275\u6295\u52df\u8cc7\u4e0a\uff1f\u9019\u4e0d\u662f\u5169\u76f8\u77db\u76fe\u55ce\uff1f<\/strong><\/p>\n<p>\u4e8b\u5be6\u4e0a\uff0c\u96d6\u7136\u958b\u516c\u53f8\u3001\u6253\u9032\u5e02\u5834\u7684\u82b1\u8cbb\u6bd4\u4ee5\u5f80\u4f86\u5f97\u5c11\uff0c\u4f46\u9019\u4e9b\u7a81\u7834\u91cd\u570d\u6253\u5165\u5e02\u5834\u7684\u516c\u53f8\uff0c\u537b\u9700\u8981\u82b1\u66f4\u591a\u9322\u4f86\u8d0f\u5f97\u5e02\u5834\u3002<\/p>\n<ul>\n<li><span style=\"color: #800000;\">\u5e02\u5834\u8b8a\u5316\u8b93\u5275\u696d\u8005\u9700\u8981\u82b1\u8cbb\u66f4\u591a\u7684\u9322\u8d0f\u5f97\u5e02\u5834<\/span><\/li>\n<\/ul>\n<p>\u76f4\u63a5\u670d\u52d9\u6d88\u8cbb\u8005\u7684\u5e02\u5834\u5df2\u7d93\u6210\u9577\u5230\u6bd4\u904e\u53bb\u5e7e\u5341\u5e74\u7684\u898f\u6a21\u90fd\u5927\u3002\u7db2\u8def\u4f7f\u7528\u4eba\u53e3 (\u76ee\u524d\u5df2\u7d93\u8d85\u904e 25 \u5104\u4eba) \u662f 1999 \u5e74\u7684\u6578\u5341\u500d\uff0c\u800c\u4e14\u4ecd\u5728\u5feb\u901f\u6210\u9577\u3002\u5e73\u677f\u96fb\u8166\u53d6\u4ee3\u4e86 PC\uff0c\u4f46<a href=\"\/\/ben-evans.com\/benedictevans\/2014\/4\/25\/ipad-growth\">\u771f\u6b63\u7684\u95dc\u9375\u8f49\u8b8a<\/a>\u662f\u667a\u6167\u578b\u624b\u6a5f\u7684\u7522\u751f\u3002\u73fe\u4eca\u4f7f\u7528\u7684\u624b\u6a5f\u4e2d\u96d6\u7136\u53ea\u6709 <a href=\"\/\/www.slideshare.net\/kleinerperkins\/internet-trends-2014-05-28-14-pdf\">30 %<\/a>\u662f\u667a\u6167\u578b\u624b\u6a5f\uff0c\u4f46\u6211\u5011\u76f8\u4fe1\u5269\u4e0b\u7684 70 % \u4e5f\u6703\u8f49\u63db\u6210\u667a\u6167\u578b\u624b\u6a5f\u3002\u5c46\u6642\u4eba\u5011\u6703\u96a8\u6642\u651c\u5e36\u5177\u6709\u5bec\u983b\u7684\u8d85\u7d1a\u96fb\u8166\u79fb\u52d5\uff0c\u800c\u6210\u529f\u7684\u516c\u53f8\u8981\u9762\u5c0d\u7684\u6703\u662f\u53f2\u7121\u524d\u4f8b\u7684\u5e02\u5834\u898f\u6a21\u3002<\/p>\n<p>\u9019\u4e0d\u50c5\u662f\u5ba2\u6236\u7aef\u7684\u8da8\u52e2\uff0c\u5c31\u9023\u4f01\u696d\u4e5f\u9078\u64c7\u4f7f\u7528\u884c\u52d5\u8f09\u5177\u7684\u76f8\u95dc\u79d1\u6280\u4ee5\u53ca\u300c\u8edf\u9ad4\u5c31\u662f\u670d\u52d9 (<a href=\"\/\/a16z.com\/tag\/you-bet-your-saas-series\/\">SaaS<\/a>)\u300d\u7684\u65b9\u5f0f\u3002\u9019\u610f\u5473\u8457\u4f01\u696d\u548c\u653f\u5e9c\u5fc5\u9808\u4f7f\u7528\u66f4\u591a\u61c9\u7528\u7a0b\u5f0f\uff0c\u800c\u7db2\u8def\u5b89\u5168\u3001\u8eab\u5206\u8b58\u5225\u7ba1\u7406\u3001\u548c\u6838\u5fc3\u57fa\u790e\u5efa\u8a2d\u4e5f\u5c07\u96a8\u4e4b\u6539\u8b8a\uff0c\u4ee5\u652f\u63f4\u9019\u4e9b\u61c9\u7528\u7a0b\u5f0f\u3002<\/p>\n<p>\u4f46\u6700\u5927\u7684\u6539\u8b8a\u662f\u88ab\u89f8\u53ca\u7684\u5c0d\u8c61\u3002\u672a\u4f86\u9810\u8a08\u5c07\u6709 <a href=\"\/\/www.wired.com\/2014\/05\/cheap-smartphones\/\">59 \u5104\u7684\u7db2\u8def\u4f7f\u7528\u8005<\/a>\uff0c\u5176\u4e2d\u591a\u6578\u4f86\u81ea\u958b\u767c\u4e2d\u570b\u5bb6\u3002\u4e5f\u5c31\u662f\u8aaa\u6211\u5011\u6703\u89f8\u53ca\u4e00\u500b\u898f\u6a21\u9f90\u5927\u5230\u524d\u6240\u672a\u898b\u7684\u5e02\u5834\u3002\u4e8b\u5be6\u4e0a\u5728\u9019\u4e9b\u570b\u5bb6\uff0c\u64c1\u6709\u624b\u6a5f\u7684\u4eba\u5df2\u7d93\u6bd4\u64c1\u6709<a href=\"\/\/www.slate.com\/blogs\/moneybox\/2013\/03\/22\/mobile_phones_are_more_common_than_plumbing.html\">\u5ec1\u6240<\/a>\u7684\u4eba\u6bd4\u4f8b\u66f4\u9ad8\u3002<\/p>\n<p>\u4ee5\u5f80\u570b\u969b\u5e02\u5834\u7684\u6578\u91cf\u53d7\u9650\u65bc\u5730\u7406\u653f\u6cbb\u4ee5\u53ca\u9ad8\u6602\u7684\u5165\u5834\u6210\u672c\uff0c\u5982\u4eca\u884c\u52d5\u8f09\u5177\u548c\u5176\u61c9\u7528\u7a0b\u5f0f\u7684\u666e\u53ca\uff0c\u5df2\u7d93\u70ba\u4f01\u696d\u6d88\u5f2d\u9019\u4e9b\u969c\u7919\u3002\u8209\u4f8b\u4f86\u8aaa\uff0cTwitter \u6709 80 % \u7684\u7528\u6236\u662f\u570b\u969b\u4eba\u58eb\uff1bFacebook \u5982\u679c\u628a WhatsApp \u4e5f\u7d0d\u5165\u8003\u91cf\u7684\u8a71\uff0c\u5b83\u7684\u570b\u969b\u4f7f\u7528\u8005\u6bd4\u570b\u5167\u4f7f\u7528\u8005\u591a\u3002\u6b64\u5916\uff0c\u5275\u65b0\u7684\u65b9\u5411\u4e5f\u6539\u8b8a\u4e86\uff1aSpotify \u4e0d\u5728\u7f8e\u570b\u5275\u7acb\uff0c\u537b\u5df2\u6210\u529f\u6253\u5165\u7f8e\u570b\u5e02\u5834\uff1b\u963f\u91cc\u5df4\u5df4\u3001\u767e\u5ea6\u3001\u9a30\u8a0a\u9810\u8a08\u4e5f\u5c07\u5728\u4e0d\u4e45\u7684\u5c07\u4f86\u9032\u5165\u7f8e\u570b\u3002<\/p>\n<p>\u53e6\u5916\uff0c\u7531\u65bc\u5275\u696d\u8005\u60f3\u66f4\u4e86\u89e3\u5b8c\u6574\u5ba2\u6236\u7d93\u9a57\uff0c\u56e0\u6b64\u9664\u4e86\u79d1\u6280\u5c08\u696d\u5916\uff0c\u4e5f\u958b\u59cb\u5efa\u7acb\u5ba2\u6236\u670d\u52d9\u7684\u5c08\u696d\u77e5\u8b58\uff0c\u9019\u5c31\u662f\u6211\u7684\u5925\u4f34 Chris Dixon \u7a31\u4e4b\u70ba\u300c\u64c1\u6709\u5168\u7aef\u80fd\u529b (full-stack)\u300d\u7684\u65b0\u5275\u6a21\u5f0f\u3002\u5148\u524d AirBnB \u5728\u975e\u5168\u7aef\u7684\u74b0\u5883\u88e1\u5c31\u50cf\u4e00\u500b\u8edf\u9ad4\u516c\u53f8\uff0c\u70ba\u5ba2\u6236\u958b\u767c\u51fa\u9032\u884c\u914d\u5c0d\u548c\u9810\u8a02\u529f\u80fd\u7684\u5f15\u64ce\uff0c\u518d\u5c07\u9019\u500b\u5f15\u64ce\u958b\u653e\u7d66\u63d0\u4f9b\u65c5\u904a\u670d\u52d9\u7684\u4eba\u4f7f\u7528\uff0c\u4f7f\u5176\u64c1\u6709\u8207\u9867\u5ba2\u7684\u4ea4\u6613\u95dc\u4fc2\u3002\u4f46\u5728\u5168\u7aef\u7684\u74b0\u5883\uff0c\u64c1\u6709\u8207\u9867\u5ba2\u4ea4\u6613\u95dc\u4fc2\u7684\u662f AirBnB\uff0c\u7531\u524d\u7aef\u5230\u5f8c\u7aef\u7684\u670d\u52d9\u90fd\u7531 AirBnB \u4e00\u624b\u5305\u8fa6\u3002\u70ba\u6b64\uff0cAirBnB \u5fc5\u9808\u5728\u9867\u5ba2\u670d\u52d9\u3001\u5168\u7403\u71df\u904b\u3001\u6cd5\u898f\u4e8b\u52d9\u7b49\u7b49\u5c64\u9762\u7d2f\u7a4d\u5c08\u696d\u77e5\u8b58\u3002\u66f4\u91cd\u8981\u5730\uff0c\u64c1\u6709\u5168\u7aef\u80fd\u529b\u7684\u8edf\u9ad4\u516c\u53f8<a href=\"https:\/\/storify.com\/nikcub\/balajis-on-full-stack-startups\">\u80fd\u5920\u8207\u5be6\u9ad4\u8edf\u9ad4\u516c\u53f8\u7af6\u722d<\/a>\uff0c\u4e26\u4e14\u5efa\u7f6e\u51fa\u5d84\u65b0\u3001\u4ee4\u4eba\u610f\u60f3\u4e0d\u5230\u7684\u5e73\u53f0\uff0c\u8b93\u5176\u4ed6\u4eba\u80fd\u5920\u4ee5\u6b64\u70ba\u57fa\u790e\u3002(\u66f4\u591a\u95dc\u65bc\u5168\u7aef\u65b0\u5275\u516c\u53f8\u7684\u4ecb\u7d39\u8acb\u898b <a href=\"\/\/cdixon.org\/2014\/03\/15\/full-stack-startups\/\">1<\/a> \u3001 <a href=\"https:\/\/storify.com\/nikcub\/balajis-on-full-stack-startups\">2<\/a> \u3001 <a href=\"https:\/\/soundcloud.com\/a16z\/a16z-podcast-the-rise-of-full\">3<\/a> )<\/p>\n<p>\u73fe\u4eca\u5e02\u5834\u4e0a\u7684\u8d0f\u5bb6\u6709\u6a5f\u6703\u5927\u5c55\u8eab\u624b\uff0c\u4f46\u4ed6\u5011\u9700\u8981\u66f4\u591a\u9322\u4f86\u64f4\u5c55\u5730\u57df\u3001\u64f4\u5c55\u7522\u54c1\u3001\u4ee5\u53ca\u5145\u5be6\u5404\u7a2e\u65b0\u9818\u57df\u7684\u5c08\u696d\u77e5\u8b58\u4ee5<a href=\"\/\/a16z.com\/2014\/03\/27\/andreessen-horowitz-raises-new-fund\/\">\u57f9\u990a<\/a>\u5168\u7aef\u80fd\u529b\u3002\u9664\u6b64\u4e4b\u5916\uff0c\u9019\u4e9b\u6210\u529f\u7684\u516c\u53f8\u4e5f\u50be\u5411\u4e0d\u7acb\u5373\u516c\u958b\u52df\u80a1\uff1b\u5728\u9996\u6b21\u516c\u958b\u52df\u80a1\u524d\uff0c\u65b0\u5275\u516c\u53f8\u52df\u5f97\u8cc7\u91d1\u7684\u4e2d\u4f4d\u6578\u5728\u904e\u53bb\u4e94\u5e74\u6210\u9577\u4e00\u500d\uff0c\u52a0\u4e0a\u9019\u4e9b\u516c\u53f8\u9700\u8981\u6295\u8cc7\u8005\u5728\u516c\u53f8\u71df\u904b\u6210\u9577\u6642\uff0c\u96a8\u4e4b\u589e\u52a0\u6295\u8cc7\u8cc7\u672c\u4e26\u6339\u6ce8\u8cc7\u6e90\uff0c\u56e0\u6b64\u4fdd\u6301\u79c1\u6709\u5316\u5c0d\u65b0\u5275\u516c\u53f8\u4f86\u8aaa\u66f4\u6709\u6548\u7387\u3002<\/p>\n<ul>\n<li><span style=\"color: #800000;\">\u7522\u696d\u5c07\u8d70\u5411\u5169\u6975\u5316\uff0c\u800c\u5275\u6295\u696d\u4e5f\u8981\u8ddf\u8457\u6539\u8b8a<\/span><\/li>\n<\/ul>\n<p>\u4ee5\u4e0a\u6982\u8ff0\u4e86<a href=\"\/\/www.bothsidesofthetable.com\/2014\/07\/22\/the-changing-structure-of-the-vc-industry\/\">Suster<\/a>\u548c\u5176\u4ed6\u5275\u6295\u8cc7\u672c\u5bb6\u89c0\u5bdf\u5230\u7684\u5275\u6295\u7522\u696d\u7d50\u69cb\u6539\u8b8a\u3002<\/p>\n<p>\u4f46\u9019\u4e9b\u7d50\u69cb\u6539\u8b8a\u4e26\u4e0d\u53ea\u767c\u751f\u5728\u5275\u6295\u7522\u696d\u3002\u904e\u53bb 50 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Penney \u548c Sears \u9019\u4e9b\u9577\u671f\u9738\u5360\u767e\u8ca8\u5e02\u5834\u7684\u9f8d\u982d\uff0c\u8b93\u51fa\u7a7a\u9593\u7d66\u5927\u578b\u5009\u5132\u767e\u8ca8\u96f6\u552e\u696d\u8005\u548c<a href=\"\/\/jeff.a16z.com\/2012\/11\/15\/e-commerce-2-0\/\">\u7db2\u8def\u96f6\u552e\u696d\u8005<\/a>(Amazon\u3001Best Buy\u3001Target)\uff1b\u5c0f\u578b\u96f6\u552e\u696d\u8005\u65b9\u9762\u5247\u6709\u5927\u91cf\u7684\u7522\u54c1\u5c08\u8ce3\u5e97\u548c\u7cbe\u54c1\u5e97\u586b\u88dc\u5269\u4e0b\u7684\u5e02\u5834\u7a7a\u9593\u3002\uff08\u56e0\u70ba\u96f6\u552e\u696d\u8005\u900f\u904e\u7db2\u8def\u5f97\u4ee5\u505a\u597d\u7522\u54c1\u5340\u9694\uff0c\u4e26\u6253\u5165\u4ee5\u5f80\u4e0d\u751a\u91cd\u8996\u7684\u5e02\u5834\uff0c\u6240\u4ee5\u4ed6\u5011\u4e5f\u80fd\u7528&#8221; \u5c0f\u773e&#8221;<a href=\"\/\/jeff.a16z.com\/2014\/06\/17\/betting-that-narrow-can-be-big\/\">\u8cfa\u5927\u9322<\/a>\u3002\uff09<\/p>\n<p>\u4e0d\u7ba1\u5275\u6295\u8cc7\u672c\u516c\u53f8\u6295\u8cc7\u591a\u5c11\u9322\u5728\u6700\u5177\u9769\u547d\u6027\u7684\u4f01\u696d\u4e0a\uff0c\u5f9e\u7d50\u69cb\u9762\u4f86\u770b\uff0c\u5275\u6295\u672c\u8eab\u5c31\u662f\u6bd4\u8f03\u56fa\u5316\u7684\u7522\u696d\u3002\u6b77\u53f2\u548c\u73fe\u5728\u7684\u8da8\u52e2\u544a\u8a34\u6211\u5011\uff0c\u9019\u500b\u7522\u696d\u672a\u4f86\u5341\u5e74\u6703\u548c\u5148\u524d\u7684\u4e94\u5341\u5e74\u5927\u76f8\u9015\u5ead\u3002<\/p>\n<p>\u6240\u4ee5\u9019\u4e9b\u6539\u8b8a\u4ee3\u8868\u751a\u9ebc\uff1f\u4ed6\u5011\u4ee3\u8868\u5275\u6295\u516c\u53f8\u548c\u6709\u9650\u5408\u5925\u4eba\u90fd\u8a8d\u70ba\u5275\u6295\u7522\u696d\u975e\u5e38\u6d3b\u8e8d\uff0c\u79c1\u4eba\u6295\u8cc7\u8005\u4e5f\u9810\u8a08\u56de\u6536\u76f8\u7576\u8c50\u539a\u7684\u7372\u5229\uff0c\u5275\u696d\u8005\u5247\u662f\u9664\u4e86\u7372\u5f97\u4e0d\u540c\u4f86\u6e90\u7684\u8cc7\u672c\u5916\uff0c\u4e5f\u80fd\u70ba\u5275\u696d\u64d8\u5283\u85cd\u5716\u3001\u6253\u4e00\u5834\u6301\u4e45\u6230\u3002<\/p>\n<p>\uff08\u8cc7\u6599\u4f86\u6e90\uff1a<a href=\"\/\/a16z.com\/2014\/07\/25\/why-the-structural-changes-to-the-vc-industry-matter\/\" target=\"_blank\" rel=\"noopener\">a16z<\/a>\uff1b\u5716\u7247\u4f86\u6e90\uff1a<a href=\"https:\/\/www.flickr.com\/photos\/heisenbergmedia\/\" target=\"_blank\" rel=\"noopener\">Heisenberg Media<\/a> CC Licensed \uff09<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u300aBO\u300b\u5c0e\u8b80\uff1a\u672c\u6587\u4f5c\u8005\u662f\u64d4\u4efb\u300c\u5168\u7f8e\u5275\u6295\u5354\u6703\u300d\u4e3b\u5e2d\u7684 Scott Kupor\uff0c\u4ed6\u65bc\u6587\u4e2d\u4ee5\u7b2c\u4e00\u4eba\u7a31\u53e3\u543b\u63a2\u8a0e\u5275\u6295\u7522\u696d\u8fd1\u4f86\u767c\u751f\u7684\u7d50\u69cb\u8f49\u8b8a\u3002 \u5275\u6295\u7522\u696d\u7684\u7d50\u69cb\u9762\u81e8\u6539\u8b8a\uff0c\u9019\u4e0d\u50c5\u95dc\u4fc2\u5230\u5275\u696d\u8005\u7684\u8cc7\u91d1\u52df\u96c6\uff0c\u4e5f\u95dc\u4fc2\u5230\u6574\u500b\u91d1[&#8230;]<\/p>\n","protected":false},"author":315,"featured_media":40104,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[23156,23618,958],"_links":{"self":[{"href":"https:\/\/buzzorange.com\/citiorange\/wp-json\/wp\/v2\/posts\/18231"}],"collection":[{"href":"https:\/\/buzzorange.com\/citiorange\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buzzorange.com\/citiorange\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buzzorange.com\/citiorange\/wp-json\/wp\/v2\/users\/315"}],"replies":[{"embeddable":true,"href":"https:\/\/buzzorange.com\/citiorange\/wp-json\/wp\/v2\/comments?post=18231"}],"version-history":[{"count":0,"href":"https:\/\/buzzorange.com\/citiorange\/wp-json\/wp\/v2\/posts\/18231\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buzzorange.com\/citiorange\/wp-json\/wp\/v2\/media\/40104"}],"wp:attachment":[{"href":"https:\/\/buzzorange.com\/citiorange\/wp-json\/wp\/v2\/media?parent=18231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buzzorange.com\/citiorange\/wp-json\/wp\/v2\/categories?post=18231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buzzorange.com\/citiorange\/wp-json\/wp\/v2\/tags?post=18231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}