\u7f16\u8005\u6309\uff1a\u672c\u6587\u6765\u81ea\u5fae\u4fe1\u516c\u4f17\u53f7 \u6eaf\u5143\u80b2\u65b0\uff08ID\uff1aEnvolveGroup\uff09\uff0c\u4f5c\u8005\uff1a\u6eaf\u5143\u80b2\u65b0\uff0c\u5fae\u65b0\u521b\u60f3\u7ecf\u6388\u6743\u8f6c\u8f7d\u3002<\/p>\n<\/p>\n
Q\uff1aPartners Capital\u662f\u5982\u4f55\u6210\u7acb\u7684\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u5c31\u5728\u4e92\u8054\u7f51\u6ce1\u6cab\u7834\u88c2\u540e\u4e0d\u4e45\u3002\u90a3\u65f6\u5019\u6211\u548c\u6211\u90bb\u5c45Paul Demetric\u90fd\u662f\u505a\u79c1\u52df\u7684\uff0cPaul\u4e3b\u8981\u6295\u8d44\u6b27\u6d32\u6807\u7684\uff0c\u800c\u6211\u5728eVolution Global Partners\u5de5\u4f5c\uff0c\u4e00\u5bb6Kleiner Perkins\u5b75\u5316\u7684\u79c1\u52df\u3002<\/p>\n \u4e92\u8054\u7f51\u6ce1\u6cab\u7834\u88c2\u4e4b\u540e\uff0c\u56e0\u4e3a\u6211\u4eec\u505a\u79c1\u52df\u5f88\u96c6\u4e2d\uff0c\u8d44\u4ea7\u8d1f\u503a\u8868\u4e00\u4e0b\u5c31\u51fa\u95ee\u9898\u4e86\u3002<\/strong>\u5c24\u5176\u662f\u6211\u4eec\u4e3b\u8981\u6295\u79d1\u6280\uff0c\u672c\u6765\u4e0d\u53ef\u80fd\u4e0b\u8dcc\u7684\u8d44\u4ea7\u4e5f\u5927\u5e45\u4e0b\u8dcc\u3002\u90a3\u65f6\u5019\u6211\u4eec\u7ecf\u5e38\u804a\u5404\u81ea\u7684\u5931\u8d25\uff0c\u6700\u540e\u4e00\u81f4\u8ba4\u4e3a\u591a\u6837\u5316\u662f\u4e00\u4e2a\u89e3\u51b3\u65b9\u6848\u3002<\/p>\n \u5728\u6b64\u4e4b\u524d\u7684\u51e0\u5468\u91cc\uff0c\u6211\u4eec\u548c\u8bb8\u591a\u79c1\u884c\u4ea4\u6d41\uff0c\u5f97\u51fa\u4e86\u4e00\u4e2a\u8ba9\u6211\u4eec\u9707\u60ca\u7684\u7ed3\u8bba\uff1a\u8fd9\u4e9b\u94f6\u884c\u63a8\u51fa\u7684\u4ea7\u54c1\u6570\u91cf\u975e\u5e38\u5e9e\u5927\uff0c\u5982\u679c\u4ed6\u4eec\u96c7\u4e86\u7b2c\u4e09\u65b9\u673a\u6784\u7ba1\u7406\u8d44\u4ea7\uff0c\u901a\u5e38\u6ca1\u6709\u4e00\u4e2abenchmark\uff1b\u5373\u4f7f\u6709\uff0c\u4e5f\u662f\u9519\u8bef\u7684\u3002<\/strong><\/p>\n \u6211\u548cPaul\u5750\u4e0b\u6765\uff0c\u4ed4\u7ec6\u770b\u4e86\u8fd9\u4e9b\u7ba1\u7406\u673a\u6784\u7684\u4e1a\u7ee9\uff0c\u7136\u540e\u610f\u8bc6\u5230\u4ed6\u4eec\u5927\u591a\u6570\u90fd\u6ca1\u6709alpha\uff0c\u8fd9\u4e0d\u7981\u8ba9\u6211\u4eec\u601d\u8003\uff1a\u4e3a\u4ec0\u4e48LP\u8981\u8058\u8bf7\u79c1\u884c\uff1f\u6211\u4eec\u8bd5\u7740\u5bfb\u627e\u8fd9\u4e00\u95ee\u9898\u7684\u7b54\u6848\uff0c\u53d1\u73b0\u4f3c\u4e4e\u5e76\u4e0d\u5b58\u5728\u3002<\/p>\n \u6211\u548cPaul\u90fd\u662f\u975e\u5e38\u6709\u4f01\u4e1a\u5bb6\u7cbe\u795e\u7684\u4eba\uff0c\u4e8e\u662f\u6211\u4eec\u51b3\u5b9a\u81ea\u5df1\u521b\u7acb\u4e00\u4e2a\u673a\u6784\uff0c\u4e00\u4e2a\u5b8c\u5168\u72ec\u7acb\u81ea\u4e3b\u3001\u7528\u6b63\u786e\u65b9\u6cd5\u505a\u5206\u6790\u3001\u8bda\u5b9e\u8bc4\u4f30\u4e1a\u7ee9\u7684\u673a\u6784\u3002<\/strong><\/p>\n \u521b\u7acbPartner Capital\u4e4b\u540e\uff0c\u6211\u4eec\u8feb\u5207\u9700\u8981\u4e00\u4e2a\u89e3\u51b3\u65b9\u6848\uff0c\u4f46\u5b83\u5e76\u4e0d\u5b58\u5728\u3002\u7ed3\u5408\u6211\u4e4b\u524d\u7684\u7ecf\u5386\uff0c\u6211\u8ba4\u4e3a\u6211\u4eec\u9700\u8981\u4e00\u672c\u9002\u7528\u4e8e\u673a\u6784\u6295\u8d44\u7684\u4e66\uff0c\u8fd9\u672c\u4e66\u5c31\u662f\u300a\u5f00\u521b\u6027\u6295\u8d44\u7ec4\u5408\u7ba1\u7406\u300b\uff08Pioneerting Portfolio Management\uff09\uff0c\u6211\u548cPaul\u628a\u5b83\u4f5c\u4e3a\u6211\u4eec\u7684\u5165\u95e8\u53c2\u8003\u4e66\u3002<\/p>\n \u6211\u4e4b\u524d\u505a\u5e76\u8d2d\u4ea4\u6613\u7684\u5c3d\u8c03\uff0c\u79ef\u7d2f\u4e86\u5f88\u591a\u7ecf\u9a8c\uff0c\u5bf9\u6b27\u6d32\u7684\u79c1\u52df\u80a1\u6743\u5e02\u573a\u975e\u5e38\u719f\u6089\uff0c\u4e5f\u548c\u9876\u7ea7\u673a\u6784\u4fdd\u6301\u4e86\u826f\u597d\u7684\u5173\u7cfb\uff0c\u6bd4\u5982Premiers\u3001CBCs\u548cBain Capital\uff0c\u4ed6\u4eec\u90fd\u6210\u4e3a\u4e86\u6211\u4eec\u7684\u5ba2\u6237\u548c\u670b\u53cb\u3002<\/p>\n 2002\u5e744\u6708\uff0c\u6211\u4eec\u670943\u4e2a\u4f19\u4f34\u52a0\u5165\uff0c\u4ed6\u4eec\u660e\u767d\u6211\u548cPaul\u6216\u8bb8\u5bf9\u79c1\u52df\u80a1\u6743\u4ee5\u5916\u7684\u9886\u57df\u77e5\u4e4b\u751a\u5c11\uff0c\u4f46\u4ed6\u4eec\u76f8\u4fe1\u6211\u4eec\u4e24\u4e2a\u603b\u4f1a\u627e\u5230\u89e3\u51b3\u65b9\u6848\u3002<\/strong><\/p>\n Q\uff1a\u4f60\u4eec\u6700\u521d\u7ba1\u7406\u7684\u8d44\u91d1\u89c4\u6a21\u662f\u591a\u5c11\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a770\u4e07\u7f8e\u5143\u3002\u6700\u521dLP\u5e76\u6ca1\u6709\u628a\u6240\u6709\u8d44\u91d1\u4ea4\u7ed9\u6211\u4eec\u3002<\/p>\n Q\uff1a\u4f60\u662f\u5982\u4f55\u5c06\u7406\u8bba\u5c42\u9762\u7684\u60f3\u6cd5\u843d\u5b9e\u7684\uff1f\u53c8\u662f\u901a\u8fc7\u600e\u6837\u7684\u5b66\u4e60\u6765\u5b9e\u73b0\u4f60\u7684\u6218\u7565\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u5728eVolution Global Partners\u7684\u5de5\u4f5c\u8ba9\u6211\u660e\u786e\u77e5\u9053\uff0c\u6211\u60f3\u8ba9\u4e00\u5207\u6162\u6162\u6765\u3002\u5728eVolution\uff0c\u6211\u4eec\u7684\u51fa\u8d44\u65b9\u6709TPG\u3001Kleiner Perkins\u548c\u8d1d\u6069\uff0c\u4ed6\u4eec\u7684\u98ce\u683c\u8ba9\u6211\u5fc5\u987b\u975e\u5e38\u5feb\u8282\u594f\u5730\u5de5\u4f5c\uff0c\u6211\u4eec35\u4e2a\u62ff\u7740\u9ad8\u85aa\u7684\u5458\u5de5\u4e4b\u95f4\u751a\u81f3\u4ece\u672a\u6df1\u5165\u5730\u6c9f\u901a\u8fc7\uff0c\u8fd9\u4e0d\u662f\u4e00\u4e2a\u597d\u7684\u6a21\u5f0f\u3002<\/strong><\/p>\n \u6240\u4ee5\u6211\u60f3\u91c7\u53d6\u76f8\u5bf9\u6162\u7684\u8282\u594f\u30022001\u5e74\uff0c\u6211\u4eec\u67093\u540d\u5458\u5de5\uff0c\u4e00\u4f4d\u5728\u6ce2\u58eb\u987f\uff0c\u5176\u4ed6\u4e24\u4f4d\u5728\u4f26\u6566\uff0c\u6211\u4eec\u7528\u975e\u5e38\u8c28\u614e\u7684\u8282\u594f\u9009\u62e9\u8d44\u4ea7\u7c7b\u522b\u3002<\/p>\n \u4e92\u8054\u7f51\u6ce1\u6cab\u7834\u88c2\u4e4b\u540e\uff0c\u6ca1\u6709\u4eba\u518d\u60f3\u52a0\u5927\u80a1\u7968\u7684\u98ce\u9669\u655e\u53e3\u3002\u6211\u4eec\u8ba4\u4e3a\u8fd9\u65f6\u6700\u597d\u7684\u89e3\u51b3\u65b9\u6848\u662f\u8d5a\u53d6\u7edd\u5bf9\u6536\u76ca\u7684\u5bf9\u51b2\u57fa\u91d1\u6a21\u5f0f\uff0c\u4e8e\u662f\u6211\u4eec\u6df1\u5165\u7814\u7a76\u8fd9\u4e00\u9886\u57df\uff0c\u4e3b\u8981\u5305\u62ec\u5e76\u8d2d\u5957\u5229\u548c\u56fa\u6536\u5957\u5229\u7b56\u7565\u3002<\/strong><\/p>\n Q\uff1a\u5bf9\u4e8e\u8fd9\u4e9b\u8d44\u4ea7\u7c7b\u522b\uff0c\u4f60\u662f\u5982\u4f55\u4ece\u4e00\u5f20\u767d\u7eb8\u6210\u957f\u8d77\u6765\u7684\uff1f\u8fd9\u4e9b\u8d44\u4ea7\u7c7b\u522b\u53ef\u80fd\u5176\u4ed6\u4eba\u5df2\u7ecf\u5341\u5206\u719f\u6089\uff0c\u4f46\u4f60\u5374\u9700\u8981\u5b66\u4e60\u5e76\u4e14\u5feb\u901f\u638c\u63e1\u3002<\/strong><\/p>\n Stan<\/strong>\uff1a\u6211\u7684\u65b9\u6cd5\u5c31\u662f\u5411\u4f7c\u4f7c\u8005\u5b66\u4e60\uff0c\u7a77\u5c3d\u8fd9\u4e2a\u884c\u4e1a\u91cc\u505a\u8fd9\u7c7b\u4e8b\u7684\u4eba\uff0c\u5f97\u5230\u591a\u4e2a\u72ec\u7acb\u7684\u89c2\u70b9\uff0c\u7136\u540e\u5bf9\u6bd4\u548c\u5206\u6790\uff0c\u51cf\u5c0f\u8bef\u5dee\uff0c\u4ee5\u6b64\u9a8c\u8bc1\u6211\u4eec\u5bfb\u627e\u7684\u7b54\u6848\u8303\u56f4\u3002<\/strong>\u6211\u4eec\u5efa\u7acb\u4e86\u4e00\u4e2a\u6570\u636e\u5e93\uff0c\u5728\u91cc\u9762\u8bb0\u5f55\u7279\u5b9a\u57fa\u91d1\u7684\u4fe1\u606f\uff0c\u6211\u4eec\u6700\u7ec8\u6bcf\u4e2a\u7279\u5b9a\u7b56\u7565\u53ea\u4f1a\u9009\u51fa\u5927\u7ea66\u4e2a\u5bf9\u8c61\u3002<\/p>\n \u201d<\/p>\n \u6211\u4eec\u5bf9\u8fd9\u4e9b\u8d44\u4ea7\u7c7b\u522b\u90fd\u6709\u6df1\u523b\u7684\u7406\u89e3\uff0c\u8fd9\u4e9b\u7406\u89e3\u5e76\u975e\u6e90\u4e8e\u57fa\u91d1\u7ecf\u7406\uff0c\u800c\u662f\u6e90\u4e8e\u8036\u9c81\u5927\u5b66\u6350\u8d60\u57fa\u91d1\u3001\u65af\u5766\u798f\u5927\u5b66\u6350\u8d60\u57fa\u91d1\u548c\u5404\u4e2a\u5bb6\u529e\u3002\u6211\u4eec\u4f1a\u95ee\u4ed6\u4eec\uff0c\u5728\u8fd9\u4e2a\u8d44\u4ea7\u7c7b\u522b\u4e2d\u5e94\u8be5\u907f\u514d\u4ec0\u4e48\uff1f\u4e13\u6ce8\u4ec0\u4e48\uff1f<\/p>\n \u4f46\u6211\u4eec\u6700\u4f9d\u8d56\u7684\u8fd8\u662f\u57fa\u4e8e\u6570\u636e\u7684\u5206\u6790\u3002\u6211\u4eec\u6ce8\u91cd\u4eba\u624d\u5728\u6295\u8d44\u51b3\u7b56\u65b9\u9762\u7684\u80fd\u529b\u548c\u7ecf\u9a8c\uff0c\u800c\u975e\u4ed6\u4eec\u662f\u5426\u5728\u67d0\u4e2a\u5177\u4f53\u7684\u8d44\u4ea7\u7c7b\u522b\u4e2d\u6709\u4e13\u4e1a\u80cc\u666f\u3002<\/strong><\/p>\n Q\uff1a\u4f60\u662f\u5982\u4f55\u4ece\u6700\u521d\u7684700\u591a\u4e07\u7f8e\u5143\u8d77\u6b65\uff0c\u5b66\u4e60\u4e0d\u540c\u7684\u8d44\u4ea7\u7c7b\u522b\uff0c\u7136\u540e\u5f00\u59cb\u505a\u6210OCIO\u4e1a\u52a1\u7684\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u8feb\u4e8e\u7f8e\u56fd\u7684\u84dd\u5929\u6cd5\uff08Blue Sky laws\uff09\uff0c\u6211\u4eec\u5fc5\u987b\u5728\u7b2c\u4e00\u5e74\u52df2500\u4e07\u7f8e\u5143\uff0c\u5426\u5219\u6cd5\u5f8b\u8d39\u7528\u4f1a\u66b4\u6da8\u3002\u6240\u4ee5\u622a\u6b62\u7b2c\u4e00\u5e74\u5e74\u5e95\uff0c\u6211\u4eec\u901a\u8fc7\u589e\u52a0\u4e24\u4e2a\u8d44\u4ea7\u7c7b\u522b\uff0c\u7edd\u5bf9\u6536\u76ca\u548c\u653f\u5e9c\u503a\u5238\uff0c\u8fbe\u5230\u4e862500\u4e07\u7f8e\u5143\u3002\u6211\u4eec\u7b97\u8fc7\u4e00\u7b14\u8d26\uff0c\u505a\u5230\u76c8\u4e8f\u5e73\u8861\u9700\u89813\u4ebf\u7f8e\u5143\uff0c\u8fd9\u662f\u6211\u4eec\u524d\u8fdb\u7684\u52a8\u529b\u3002<\/p>\n \u5230\u4e862003\u5e74\uff0c\u6211\u4eec\u6709\u4e86\u4e00\u4e9b\u673a\u6784\u5ba2\u6237\u3002\u4ed6\u4eec\u4e86\u89e3\u6350\u8d60\u6a21\u5f0f\uff0c\u613f\u610f\u5c1d\u8bd5\u65b0\u7684\u6295\u8d44\u65b9\u6cd5\uff0c\u6240\u4ee5\u9009\u62e9\u4e86\u6211\u4eec\u8fd9\u6837\u7684\u65b0\u5174\u6295\u8d44\u56e2\u961f\u3002\u5251\u6865\u5927\u5b66\u7684\u4e24\u6240\u5b66\u9662\u90a3\u4e00\u5e74\u9009\u62e9\u4e86\u6211\u4eec\uff0c\u63a5\u7740\u6211\u4eec\u8fbe\u5230\u4e861\u4ebf\u7f8e\u5143\u7684\u76ee\u6807\uff0c\u62e5\u6709\u4e86\u9ad8\u51c0\u503c\u5ba2\u6237\u548c\u79c1\u52df\u57fa\u91d1\u7684GP\u3002<\/strong><\/p>\n \u4e0b\u4e00\u5e74\uff0c\u6211\u4eec\u5f00\u59cb\u5927\u91cf\u589e\u52a0\u6b27\u6d32\u7684\u673a\u6784\u5ba2\u6237\uff0c2004\u5e74\u8fbe\u5230\u4e864\u4ebf\u7f8e\u5143\uff0c2005\u5e74\u8fbe\u5230\u4e8615\u4ebf\u7f8e\u5143\uff0c\u518d\u4e0b\u4e00\u5e74\u6211\u4eec\u7684\u8d44\u4ea7\u89c4\u6a21\u589e\u81f3\u4e8630\u4ebf\u7f8e\u5143\uff0c\u7136\u540e\u6211\u4eec\u5c06\u5e74\u589e\u957f\u4e0a\u9650\u5b9a\u4e3a15\u4ebf\u7f8e\u5143\uff0c\u4e00\u76f4\u6301\u7eed\u52302008\u5e74\u3002\u91d1\u878d\u5371\u673a\u90a3\u4e00\u5e74\uff0c\u6211\u4eec\u589e\u957f\u4e8615\u4ebf\u7f8e\u5143\uff0c\u4e5f\u4e8f\u635f\u4e8615\u4ebf\u7f8e\u5143\uff0c\u4e1a\u52a1\u5728\u90a3\u65f6\u8d8b\u4e8e\u5e73\u7a33\u3002<\/strong><\/p>\n<\/p>\n Q\uff1a\u5728\u5feb\u901f\u589e\u957f\u7684\u5934\u51e0\u5e74\uff0c\u4f60\u4eec\u662f\u5982\u4f55\u786e\u5b9a\u4f60\u4eec\u5c06\u8981\u63d0\u4f9b\u4ec0\u4e48\u6837\u7684\u4ea7\u54c1\u7684\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u6211\u4eec\u59cb\u7ec8\u575a\u6301\u91c7\u7528\u6350\u8d60\u6a21\u5f0f\uff0c\u6db5\u76d6\u4e86\u4e0d\u540c\u7c7b\u578b\u7684\u8d44\u4ea7\u7c7b\u522b\u3002\u5230\u4e862003\u5e74\uff0c\u6211\u4eec\u505a\u5230\u4e86\u5b8c\u6574\u7684\u6350\u8d60\u6a21\u5f0f\uff0c\u5305\u62ec\u5404\u79cd\u4e0d\u540c\u7684\u8d44\u4ea7\u7c7b\u522b\uff0c\u6bd4\u5982\u5bf9\u51b2\u57fa\u91d1\u3001\u56fa\u5b9a\u6536\u76ca\u3001\u79c1\u52df\u80a1\u6743\uff08\u5305\u62ec\u98ce\u9669\u6295\u8d44\uff09\u4ee5\u53ca\u623f\u5730\u4ea7\u7b49\u3002<\/p>\n Q\uff1a\u6bcf\u4e2a\u5ba2\u6237\u90fd\u6709\u4ed6\u4eec\u81ea\u5df1\u7684\u4ef7\u503c\u89c2\u548c\u76ee\u6807\uff0c\u4f60\u662f\u5982\u4f55\u4e3a\u8fd9\u4e48\u591a\u4e0d\u540c\u7684\u5ba2\u6237\u63d0\u4f9b\u5b9a\u5236\u5316\u670d\u52a1\u7684\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u5ba2\u6237\u90fd\u5e0c\u671b\u5f97\u5230\u9ad8\u5ea6\u5b9a\u5236\u5316\u7684\u670d\u52a1\uff0c\u56e0\u4e3a\u4ed6\u4eec\u7684\u98ce\u9669\u627f\u53d7\u80fd\u529b\u975e\u5e38\u4e0d\u540c\uff0c\u6216\u8005\u5bf9\u5f53\u524d\u7684\u8d44\u4ea7\u7c7b\u522b\u6709\u7279\u6b8a\u504f\u597d\u6216\u8003\u91cf\u3002<\/p>\n \u6211\u4eec\u53d1\u73b0\uff0c\u6700\u7ec8\u79c1\u52df\u57fa\u91d1\u7684GP\u90fd\u9009\u62e9\u4e86\u975e\u5e38\u7c7b\u4f3c\u4e8e\u6350\u8d60\u6a21\u5f0f\u7684\u6295\u8d44\u7b56\u7565\u3002\u5b9a\u5236\u5316\u670d\u52a1\u901a\u5e38\u6d89\u53ca\u7684\u95ee\u9898\u662f\u8d44\u4ea7\u914d\u7f6e\uff0c\u800c\u4e0d\u662f\u5177\u4f53\u7684\u8d44\u4ea7\u7c7b\u522b\uff0c\u56e0\u4e3a\u51e0\u4e4e\u6240\u6709\u5ba2\u6237\u7684portfolio\u4e2d\u90fd\u7eb3\u5165\u4e86\u6240\u6709\u7684\u8d44\u4ea7\u7c7b\u522b\u3002<\/strong><\/p>\n \u56e0\u6b64\uff0c\u5b9a\u5236\u5316\u670d\u52a1\u4e3b\u8981\u6d89\u53ca\u5230\u5bf9\u57fa\u91d1\u7ecf\u7406\u89c4\u6a21\u7684\u8c03\u6574\uff0c\u6216\u8005\u662f\u7b80\u5355\u7684\u5206\u914d\u95ee\u9898\uff0c\u6bd4\u5982\u5206\u914d\u7ed9\u79c1\u4eba\u4fe1\u8d378%\u8fd8\u662f10%\u3002<\/strong><\/p>\n Q\uff1a\u51b3\u5b9a\u8981\u91c7\u7528\u8036\u9c81\u6a21\u5f0f\u4e4b\u540e\uff0c\u5bf9\u4f60\u4eec\u610f\u5473\u7740\u4ec0\u4e48\uff0c\u4f60\u4eec\u4e3a\u5ba2\u6237\u63d0\u4f9b\u4e86\u4ec0\u4e48\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u5728\u8d1d\u6069\u5de5\u4f5c\u4e8617\u5e74\u540e\uff0c\u6211\u53d1\u73b0\u51e0\u4e4e\u6240\u6709\u4e8b\u60c5\u90fd\u6709\u6700\u4f18\u89e3\u3002\u6211\u662f\u4e00\u4e2a\u7eaf\u7cb9\u7684\u5b66\u672f\u4e3b\u4e49\u8005\uff0c\u6211\u7684\u4f7f\u547d\u662f\u628a\u6700\u5148\u8fdb\u5e76\u4e14\u7ecf\u8fc7\u9a8c\u8bc1\u7684\u673a\u6784\u6295\u8d44\u65b9\u6cd5\u5e26\u7ed9LP\u3002<\/p>\n \u7b80\u5355\u6765\u8bf4\uff0c\u6350\u8d60\u6a21\u5f0f\u6709\u4e09\u4e2a\u652f\u67f1\uff1a<\/strong><\/p>\n \u7b2c\u4e00\uff0c\u5728portfolio\u4e2d\u6301\u6709\u98ce\u9669\u8f83\u9ad8\u7684\u8d44\u4ea7\uff0c\u5e76\u4e14\u7a33\u5b9a\u5730\u6301\u6709\u5b83\u3002<\/strong>Portfolio\u4e0d\u505a\u62e9\u65f6\u64cd\u4f5c\uff0c\u4e0d\u4f1a\u6839\u636e\u5e02\u573a\u6ce2\u52a8\u8c03\u6574\u8d44\u4ea7\u914d\u7f6e\u3002\u8fd9\u79cd\u65b9\u6cd5\u901a\u5e38\u8981\u6c42\u6295\u8d44\u8005\u80fd\u591f\u627f\u53d7\u8f83\u9ad8\u7684\u6ce2\u52a8\u6027\uff0c\u56e0\u4e3a\u4ed6\u4eec\u613f\u610f\u5728\u957f\u671f\u5185\u6301\u6709\u53ef\u80fd\u7ecf\u5386\u77ed\u671f\u6ce2\u52a8\u7684\u9ad8\u98ce\u9669\u8d44\u4ea7\u3002<\/p>\n \u7b2c\u4e8c\uff0c\u91c7\u7528\u8de8\u8d44\u4ea7\u7c7b\u522b\u7684\u5206\u6563\u6295\u8d44\uff0c\u540c\u65f6\u503e\u5411\u4e8e\u975e\u6d41\u52a8\u6027\u8d44\u4ea7\u3002<\/strong>\u8fd9\u91cc\u201c\u975e\u6d41\u52a8\u6027\u201d\u7684\u610f\u601d\u662f\uff0c\u548c\u90a3\u4e9b\u5bb9\u6613\u5feb\u901f\u53d8\u73b0\u4f46\u98ce\u9669\u8f83\u4f4e\u7684\u8d44\u4ea7\u76f8\u53cd\u3002\u8fd9\u79cd\u7b56\u7565\u7684\u6295\u8d44\u8005\u613f\u610f\u627f\u62c5\u66f4\u9ad8\u7684\u98ce\u9669\u548c\u975e\u6d41\u52a8\u6027\uff0c\u671f\u671b\u83b7\u5f97\u66f4\u9ad8\u7684\u56de\u62a5\u3002<\/p>\n \u7b2c\u4e09\uff0c\u4e0d\u8981\u628a\u8d44\u91d1\u4ea4\u7ed9\u90a3\u4e9b\u6bcf\u5e74\u63a8\u51fa40\u4e2a\u65b0\u57fa\u91d1\u7684\u5927\u578b\u8d44\u7ba1\u516c\u53f8\uff0c\u9009\u62e9\u90a3\u4e9b\u4e13\u6ce8\u3001\u6709\u521b\u4e1a\u7cbe\u795e\u5e76\u4e14\u521b\u59cb\u4eba\u4ecd\u5728\u4eb2\u8eab\u7ecf\u8425\u7684\u673a\u6784\u3002<\/strong>\u8fd9\u4e9b\u516c\u53f8\u7684\u5927\u90e8\u5206\u8d44\u4ea7\u90fd\u6295\u7ed9\u4e86\u4ed6\u4eec\u81ea\u5df1\u7684\u57fa\u91d1\uff0c\u6709\u771f\u91d1\u767d\u94f6\u7684\u5229\u76ca\u5173\u7cfb\u5728\u3002<\/p>\n \u6700\u521d\u7684\u51e0\u5e74\uff0c\u6211\u4eec\u4fa7\u91cd\u4e8e\u6210\u4e3a\u6bcf\u4e2a\u8d44\u4ea7\u7c7b\u522b\u7684\u4e13\u5bb6\uff0c\u5728\u6bcf\u4e2a\u8d44\u4ea7\u7c7b\u522b\u4e0a\u59cb\u7ec8\u6709\u4e00\u4e2a\u60f3\u8981\u8d85\u8d8a\u7684\u76ee\u6807\u3002<\/p>\n Q\uff1a\u4f60\u662f\u5982\u4f55\u601d\u8003\u548c\u53d1\u5c55\u6350\u8d60\u6a21\u5f0f\u7684\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u6211\u4eec\u6700\u5173\u6ce8\u7684\u662f\u98ce\u9669\u3002\u4e00\u4e2a\u6350\u8d60\u57fa\u91d1\u901a\u5e38\u4f1a\u670960-200\u4e2a\u4e0d\u7b49\u7684\u57fa\u91d1\u7ecf\u7406\uff0c\u6211\u4eec\u65e0\u6cd5\u4ece\u4ed6\u4eec\u7684\u62ab\u9732\u4e2d\u5168\u9762\u4e86\u89e3\u60c5\u51b5\uff0c\u4f46\u6211\u4eec\u9700\u8981\u6df1\u5165\u4e86\u89e3\u6301\u6709\u7684\u8d44\u4ea7\u3002<\/strong><\/p>\n \u53e6\u5916\uff0c\u8fd9\u4e9b60-200\u4e2a\u57fa\u91d1\u7ecf\u7406\u53ef\u80fd\u4f1a\u505a\u51fa\u76f8\u4f3c\u7684\u6295\u8d44\u51b3\u7b56\uff0c\u8fd9\u4e5f\u662f\u6211\u4eec\u4e5f\u8981\u6ce8\u610f\u7684\u98ce\u9669\u3002<\/strong>\u6240\u4ee5\u5bf9\u6211\u4eec\u800c\u8a00\uff0c\u505a\u51fa\u7684\u6700\u5927\u6539\u53d8\u5c31\u662f\u98ce\u9669\u7ba1\u7406\u3002<\/p>\n \u6211\u4eec\u4f1a\u7ed9LP\u4e00\u4e2a\u98ce\u9669\u4eea\u8868\u677f\uff0c\u91cc\u9762\u5305\u62ec\u4e8616\u79cd\u4ee5\u4e0a\u7684\u6307\u6807\uff0c\u6bd4\u5982\u4f30\u503c\u3001\u8d44\u4ea7\u8d28\u91cf\uff08\u6807\u7684\u7684\u76c8\u5229\u80fd\u529b\u3001\u503a\u52a1\u6c34\u5e73\uff09\u3001\u6d41\u52a8\u6027\u3001\u8d27\u5e01\u7b49\u3002<\/p>\n<\/p>\n Q\uff1a\u4f60\u63d0\u5230\u4e86\u201c\u6700\u4f18\u89e3\u201d\uff0c\u8fd9\u5982\u4f55\u5e94\u7528\u4e8e\u7b5b\u9009\u57fa\u91d1\u7ecf\u7406\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u4e3b\u8981\u6709\u4e09\u4e2a\u65b9\u9762\u3002<\/p>\n \u9996\u5148\uff0c\u56e2\u961f\u5fc5\u987b\u62e5\u6709\u8db3\u591f\u591a\u7684\u5b9e\u8df5\u7ecf\u9a8c\u3002<\/strong>\u8fd9\u662f\u4e00\u79cdMalcolm Gladwell\u73b0\u8c61\uff0c\u4e5f\u5c31\u662f\u901a\u8fc7\u5927\u91cf\u7684\u91cd\u590d\u7ecf\u9a8c\u6765\u57f9\u517b\u56e2\u961f\u7684\u80fd\u529b\u3002<\/p>\n \u7b2c\u4e8c\uff0c\u901a\u8fc7\u91cf\u5316\u6280\u672f\u7f29\u5c0f\u6295\u8d44\u9009\u62e9\u7684\u8303\u56f4\uff0c<\/strong>\u4e3b\u8981\u5305\u62ecbeta\uff08\u8861\u91cf\u8d44\u4ea7\u76f8\u5bf9\u4e8e\u5e02\u573a\u7684\u98ce\u9669\uff09\u548c\u56e0\u5b50\u5206\u6790\uff08\u5206\u6790\u591a\u4e2a\u53d8\u91cf\u4e4b\u95f4\u7684\u5173\u7cfb\uff09\uff0c\u4ee5\u53ca\u591a\u5143\u56de\u5f52\u5206\u6790\uff0c\u5e2e\u52a9\u6211\u4eec\u66f4\u52a0\u7cbe\u786e\u5730\u7b5b\u9009\u548c\u5206\u6790\u6f5c\u5728\u7684\u6295\u8d44\u673a\u4f1a\u3002<\/p>\n \u7b2c\u4e09\u70b9\uff0c\u4e5f\u662f\u975e\u5e38\u91cd\u8981\u7684\u4e00\u70b9\uff0c\u662f\u8981\u4e86\u89e3\u51fa\u8272\u57fa\u91d1\u7ecf\u7406\u7684\u5fc3\u7406\u7279\u5f81\uff0c<\/strong>\u4e5f\u5c31\u662f\u5fc3\u7406\u6d4b\u91cf\u5b66\u3002\u4f18\u79c0\u7684\u57fa\u91d1\u7ecf\u7406\u4f1a\u5173\u5fc3\u8c01\u5728\u505a\u51b3\u7b56\uff0c\u5982\u4f55\u5728\u7ec4\u7ec7\u5185\u90e8\u4f20\u7ecf\u9a8c\u7b49\u5173\u952e\u7ec6\u8282\u3002<\/p>\n Q\uff1a\u6240\u4ee5\u7ecf\u9a8c\u662f\u7b2c\u4e00\u4e2a\u65b9\u9762\uff0c\u53ef\u4ee5\u8be6\u7ec6\u4ecb\u7ecd\u7b2c\u4e8c\u548c\u7b2c\u4e09\u4e2a\u65b9\u9762\u5417\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u7b2c\u4e8c\u4e2a\u65b9\u9762\uff0c\u6211\u4eec\u62e5\u6709\u4e00\u4e2a\u5e9e\u5927\u7684\u6f0f\u6597\uff0c\u8ba9\u6211\u4eec\u5728\u5168\u7403\u8303\u56f4\u5185\u63a5\u89e6\u5230\u4e0d\u540c\u7684\u57fa\u91d1\u7ecf\u7406\uff0c\u800c\u540e\u901a\u8fc7\u5b9a\u91cf\u7edf\u8ba1\u7b5b\u9009\u51fa\u6700\u4f18\u79c0\u7684\u4eba\u3002<\/p>\n \u4ee5\u80a1\u7968\u4e3a\u4f8b\uff0c\u6211\u4eec\u5bf9\u57fa\u91d1\u7ecf\u7406\u7684\u4e1a\u7ee9\u8fdb\u884c\u4e86\u5927\u89c4\u6a21\u7684\u56de\u5f52\u5206\u6790\uff0c\u627e\u51fa\u4ed6\u7684\u8868\u73b0\u4e0e\u5404\u79cd\u56e0\u7d20\u7684\u5173\u8054\u3002<\/strong><\/p>\n \u5982\u679c\u57fa\u91d1\u7ecf\u7406\u7684\u8868\u73b0\u65e0\u6cd5\u8d85\u8fc7\u8bbe\u5b9a\u7684\u57fa\u51c6\uff0c\u90a3\u8fd9\u4e2a\u57fa\u91d1\u7ecf\u7406\u5c31\u4f1a\u88ab\u6dd8\u6c70\uff0c\u5373\u4fbf\u4ed6\u5728\u76ee\u524d\u7684\u5e02\u573a\u91cc\u8868\u73b0\u5f88\u597d\u3002<\/p>\n \u8fd9\u4e2a\u7b5b\u9009\u6807\u51c6\u5e2e\u6211\u4eec\u6dd8\u6c70\u4e86\u81f3\u5c1195%\u7684\u80a1\u7968\u57fa\u91d1\u7ecf\u7406\u3002\u8fd9\u4e2a\u5b9a\u91cf\u7684\u7b5b\u9009\u6807\u51c6\u53ef\u4ee5\u5e94\u7528\u4e8e\u6211\u4eec\u7684\u6bcf\u4e2a\u8d44\u4ea7\u7c7b\u522b\u4e0a\uff0c\u8ba9\u6211\u4eec\u7684\u65b9\u6cd5\u4fdd\u6301\u9ad8\u5ea6\u4e00\u81f4\u3002<\/strong><\/p>\n Q\uff1a\u9664\u4e86\u7ecf\u9a8c\u548c\u91cf\u5316\u7b5b\u9009\uff0c\u7b2c\u4e09\u70b9\u662f\u4ec0\u4e48\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u5fc3\u7406\u6d4b\u91cf\u5b66\u7684\u610f\u601d\u662f\uff0c\u6700\u4f18\u79c0\u7684\u6295\u8d44\u4eba\u901a\u5e38\u662f\u4e0e\u4f17\u4e0d\u540c\u7684\u4eba\uff0c\u4ed6\u4eec\u5e76\u4e0d\u662f\u5e73\u8861\u53d1\u5c55\u7684\u4e2a\u4f53\uff0c\u800c\u662f\u6709\u7740\u7a81\u51fa\u7279\u957f\u548c\u7279\u8d28\u3002<\/strong><\/p>\n \u4ed6\u4eec\u8ffd\u6c42\u76ee\u6807\u65f6\u5145\u6ee1\u91ce\u5fc3\u548c\u6d3b\u529b\uff0c\u540c\u65f6\u5177\u5907\u9ad8\u5ea6\u7684\u5206\u6790\u80fd\u529b\u548c\u8bda\u4fe1\u3002\u8fd9\u4e9b\u7279\u8d28\u4f7f\u5f97\u4ed6\u4eec\u4e0d\u4ec5\u80fd\u8fbe\u5230\u5e73\u8861\uff0c\u66f4\u80fd\u5728\u8ffd\u6c42\u76ee\u6807\u65f6\u8868\u73b0\u51fa\u8272\u3002<\/p>\n Q\uff1a\u4f60\u5982\u4f55\u5728\u5c3d\u8c03\u8fc7\u7a0b\u4e2d\u8bc4\u4f30\u57fa\u91d1\u7ecf\u7406\u7684\u5fc3\u7406\u7279\u8d28\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u6211\u4eec\u7684\u65b9\u6cd5\u662f\u6d3e\u7ecf\u9a8c\u4e30\u5bcc\u7684\u4eba\u53bb\u548c\u6295\u8d44\u7ecf\u7406\u591a\u6b21\u89c1\u9762\uff0c\u901a\u5e38\u57284-5\u6b21\u4f1a\u9762\u540e\u53ef\u4ee5\u4e86\u89e3\u5230\u4ed6\u4eec\u7684\u771f\u5b9e\u6027\u683c\u3002<\/strong><\/p>\n \u8fd9\u79cd\u65b9\u6cd5\u7684\u5173\u952e\u5728\u4e8e\u65f6\u95f4\u548c\u6df1\u5ea6\uff0c\u6bd4\u5982\u8c03\u67e5\u4e00\u53ea\u79c1\u52df\u57fa\u91d1\uff0c\u6211\u4eec\u4f1a\u82b1300-500\u5c0f\u65f6\u548c\u4ed6\u4eec\u7684\u6295\u8d44\u7ecf\u7406\u6253\u4ea4\u9053\u3002<\/strong><\/p>\n \u9664\u4e86\u76f4\u63a5\u7684\u4ea4\u5f80\uff0c\u6211\u4eec\u8fd8\u4f1a\u8054\u7cfb20\u4e2a\u5de6\u53f3\u7684\u53c2\u8003\u4eba\u6765\u83b7\u53d6\u4fe1\u606f\u3002\u8fd9\u4e9b\u53c2\u8003\u4eba\u901a\u5e38\u662f\u90a3\u4e9b\u975e\u5e38\u4e86\u89e3\u88ab\u8c03\u67e5\u5bf9\u8c61\u5e76\u4e14\u613f\u610f\u63d0\u4f9b\u771f\u5b9e\u53cd\u9988\u7684\u4eba\u3002<\/p>\n Q\uff1a\u53ef\u4ee5\u8bf4\u8bf4\u4f60\u4eec\u7684\u7ec4\u7ec7\u67b6\u6784\u5417\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u524d12\u5e74\uff0c\u6211\u4eec\u6240\u6709\u9762\u5411\u5ba2\u6237\u7684\u524d\u53f0\u6210\u5458\u540c\u65f6\u4e5f\u662f\u7814\u7a76\u4eba\u5458\u3002\u4f46\u662f\u968f\u7740\u8d44\u4ea7\u89c4\u6a21\u8fbe\u5230\u4e86500\u4ebf\u7f8e\u5143\uff0c\u56e2\u961f\u4eba\u6570\u8fbe\u5230\u4e86360\u4eba\uff0c\u8fd9\u79cd\u6a21\u5f0f\u53d8\u5f97\u4e0d\u518d\u53ef\u884c\u3002<\/p>\n \u5927\u7ea6\u5728\u516d\u4e03\u5e74\u524d\uff0c\u6211\u4eec\u8bbe\u7acb\u4e86\u5ba2\u6237CIO\u7684\u804c\u4f4d\uff0c\u4e5f\u5c31\u662f\u6bcf\u4e2a\u5ba2\u6237\u90fd\u6709\u4e00\u4e2a\u4e3b\u8981\u8d1f\u8d23\u4eba\uff0c\u4ed6\u4eec\u4ee5\u524d\u53ef\u80fd\u662f\u7814\u7a76\u56e2\u961f\u7684\u6210\u5458\uff0c\u8d1f\u8d23\u57fa\u91d1\u7ecf\u7406\u7684\u7814\u7a76\uff0c\u4f46\u73b0\u5728\u4ed6\u4eec\u7684\u4e3b\u8981\u804c\u8d23\u662f\u6784\u5efaportfolio\uff0c\u7ba1\u7406\u5ba2\u6237portfolio\u7684\u98ce\u9669\u3002<\/strong><\/p>\n<\/p>\n Q\uff1a\u6211\u60f3\u6df1\u5165\u4e86\u89e3\u4f60\u5bf9\u4e0d\u540c\u8d44\u4ea7\u7c7b\u522b\u7684\u611f\u609f\uff0c\u6211\u4eec\u5148\u4ece\u79c1\u52df\u80a1\u6743\u5f00\u59cb\u804a\u5427\u3002<\/strong><\/p>\n Stan<\/strong>\uff1a\u79c1\u52df\u80a1\u6743\u662f\u4e00\u79cd\u53ef\u4ee5\u7528\u9884\u671f\u56de\u62a5\u6765\u505a\u8ba1\u7b97\u7684\u8d44\u4ea7\u7c7b\u522b\u3002<\/strong><\/p>\n \u4f60\u53ef\u4ee5\u7b80\u5355\u5730\u7528Excel\u6765\u8ba1\u7b97\uff0c\u8f93\u5165\u8d2d\u4e70\u7684\u4ef7\u683c\uff08\u901a\u5e38\u662f\u6309\u7167\u76c8\u5229\u7684\u500d\u6570\u8ba1\u7b97\uff09\uff0c\u8fd8\u6709\u4f60\u9884\u671f\u7684\u51fa\u552e\u4ef7\u683c\uff0c\u52a0\u4e0a\u8d1f\u503a\u3001\u8d1f\u503a\u6210\u672c\uff0c\u8fd8\u67092%\u7684\u7ba1\u7406\u8d39\u548c20%\u7684carry\uff0c\u4ee5\u53ca\u76c8\u5229\u589e\u957f\u3002\u628a\u8fd9\u4e9b\u56e0\u7d20\u7ed3\u5408\u5728\u4e00\u8d77\uff0c\u4e00\u822c\u4f1a\u5f97\u51fa\u5927\u7ea615%\u7684\u9884\u671f\u56de\u62a5\u3002<\/strong><\/p>\n \u6211\u4eec\u4e00\u76f4\u56f4\u7ed5\u7740\u8fd9\u4e2a\u6a21\u578b\u6765\u601d\u8003\uff1a\u8c01\u80fd\u5b9e\u73b0\u6700\u5927\u7684\u76c8\u5229\u589e\u957f\uff0c\u4ed6\u4eec\u51fa\u4ef7\u591a\u5c11\uff0c\u4ed6\u4eec\u80fd\u591f\u4ee5\u591a\u5c11\u4ef7\u683c\u5356\u51fa\u3002<\/strong><\/p>\n \u53e6\u5916\u4e00\u70b9\u662f\uff0c\u5c0f\u673a\u6784\u7684\u589e\u957f\u76c8\u5229\u6bd4\u5927\u516c\u53f8\u66f4\u5bb9\u6613\u3002\u5927\u578b\u79c1\u52df\u57fa\u91d1\u6536\u8d2d\u7684\u662f\u6570\u5341\u4ebf\u7f8e\u5143\u7684\u5927\u516c\u53f8\uff0c\u589e\u957f\u76c8\u5229\u66f4\u52a0\u56f0\u96be\uff0c\u5982\u679c\u4f60\u5bf9\u6bd4\u4e00\u4e0b\u4e1a\u7ee9\uff0c\u4f60\u4f1a\u53d1\u73b0\u5927\u673a\u6784\u7684\u4e1a\u7ee9\u6ca1\u6709\u6bd4\u5c0f\u516c\u53f8\u4f18\u79c0\u3002<\/p>\n Q\uff1a\u6709\u54ea\u4e9b\u9519\u8bef\u662f\u4f60\u66fe\u7ecf\u72af\u8fc7\uff0c\u60f3\u5c06\u8fd9\u4e9b\u4f20\u6388\u7ed9\u56e2\u961f\u7684\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u5546\u54c1\u4ea4\u6613\u662f\u4e00\u4e2a\u5931\u8d25\u7684\u6295\u8d44\u51b3\u7b56\u3002\u6211\u4eec\u5f53\u65f6\u51e0\u4e4e\u6bcf\u4e2a\u7b56\u7565\u4e2d\u90fd\u5305\u542b\u4e86\u5546\u54c1\u4ea4\u6613\u3002\u56e0\u4e3a\u5546\u54c1\u672c\u8eab\u4e0d\u4ea7\u751f\u6536\u76ca\uff0c\u4e5f\u6ca1\u6709\u56fa\u5b9a\u7684\u6536\u5165\u6765\u6e90\uff0c\u4e14\u7531\u4e8e\u590d\u6742\u7684\u5e02\u573a\u5f71\u54cd\uff0c\u5546\u54c1\u4ef7\u683c\u53ef\u80fd\u4f1a\u9010\u6e10\u4e0b\u964d\u3002<\/strong><\/p>\n \u56e0\u6b64\uff0c\u6211\u4eec\u91c7\u7528\u4e3b\u52a8\u800c\u975e\u88ab\u52a8\u7684\u4ea4\u6613\u7b56\u7565\uff0c\u8fd9\u8981\u6c42\u6211\u4eec\u8981\u8db3\u591f\u4e86\u89e3\u6240\u6295\u8d44\u7684\u5bf9\u8c61\uff0c\u4e13\u653b\u4e8e\u6b64\u3002\u4f46\u53d7\u5230\u5e02\u573a\u6ce2\u52a8\u7684\u5f71\u54cd\uff0c\u4ef7\u683c\u5ffd\u9ad8\u5ffd\u4f4e\uff0c\u6709\u65f6\u6da8\u5e45\u662f80%\uff0c\u6709\u65f6\u8dcc\u5e45\u662f60%\u3002\u4e3a\u4e86\u5206\u6563\u98ce\u9669\uff0c\u6211\u4eec\u5fc5\u987b\u62e5\u6709\u56db\u4e94\u4e2a\u8fd9\u6837\u7684\u6295\u8d44\u5bf9\u8c61\u3002\u7136\u800c\uff0c\u4ed6\u4eec\u4e09\u5e74\u4e4b\u540e\u5c31\u53ef\u80fd\u5012\u95ed\u3002<\/p>\n \u8fd9\u662f\u4e00\u4e2a\u91cd\u8981\u7684\u6559\u8bad\uff0c\u6211\u4eec\u4eca\u5929\u4e0d\u518d\u6d89\u8db3\u5546\u54c1\u4ea4\u6613\u3002\u8fd9\u662f\u4e00\u4e2a\u5173\u4e8e\u6574\u4e2a\u8d44\u4ea7\u7c7b\u522b\u7684\u6559\u8bad\uff0c\u5728\u7ec6\u5206\u8d44\u4ea7\u9886\u57df\uff0c\u6211\u4eec\u8fd8\u6709\u5173\u4e8e\u4e2a\u522b\u57fa\u91d1\u7ecf\u7406\u7684\u6559\u8bad\u3002<\/p>\n Q\uff1a\u53ef\u4ee5\u5c55\u5f00\u8bf4\u8bf4\u5176\u4ed6\u9886\u57df\u7684\u6559\u8bad\u5417\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u6700\u521d\uff0c\u6211\u4eec\u8ba4\u4e3a\u80a1\u7968\u6295\u8d44\u8fc7\u4e8e\u590d\u6742\uff0c\u4e8e\u662f\u6211\u4eec\u9009\u62e9\u4e86Vanguard\u7684\u6307\u6570\u57fa\u91d1\uff0c\u53ea\u9700\u652f\u4ed8\u4e5d\u4e2a\u57fa\u70b9\u7684\u7ba1\u7406\u8d39\uff0c\u6211\u4eec\u8ba4\u4e3a\u8fd9\u662f\u6700\u7b80\u5355\u7684\u65b9\u5f0f\u3002<\/p>\n \u4f46\u6211\u4eec\u8f6c\u5ff5\u4e00\u60f3\uff0c\u8fd9\u662f\u6211\u4eec30\u591a\u4e2a\u5ba2\u6237portfolio\u7684\u4e00\u90e8\u5206\uff0c\u800c\u6211\u4eec\u6ca1\u6709\u4e3a\u5176\u521b\u9020alpha\uff0c\u4e0d\u80fd\u5c31\u8fd9\u6837\u653e\u624b\u4e0d\u7ba1\u3002<\/strong><\/p>\n \u4e8e\u662f\uff0c\u6211\u4eec\u9009\u62e9\u4ece\u79c1\u52df\u80a1\u6743\u6295\u8d44\u7684\u89d2\u5ea6\u6765\u770b\u5f85\u4e8c\u7ea7\u5e02\u573a\u6295\u8d44\u3002\u8fd9\u79cd\u4ee5\u6df1\u5165\u57fa\u672c\u9762\u5206\u6790\u4e3a\u57fa\u7840\u7684\u7b56\u7565\u57282005\u5e74\u52302009\u5e74\u4e4b\u95f4\u5e26\u6765\u4e86\u8d85\u989d\u6536\u76ca\uff0c\u4f46\u4e4b\u540e\uff0c\u5e02\u573a\u7684\u53d8\u5316\u4f7f\u5f97\u8fd9\u79cd\u7b56\u7565\u5931\u53bb\u4e86\u4f18\u52bf\u3002<\/p>\n \u4e8e\u662f\u6211\u4eec\u8f6c\u5411\u4e86\u6210\u957f\u80a1\u9886\u57df\uff0c\u6bd4\u5982\u751f\u7269\u6280\u672f\u3001\u4e2d\u56fd\u548c\u5176\u4ed6\u65b0\u5174\u6280\u672f\u3002\u6211\u4eec\u4ece\u4e2d\u5b66\u5230\uff0c\u5728\u8fd9\u4e9bportfolio\u4e2d\uff0c\u9664\u4e86\u5e02\u573a\u98ce\u9669\u4e4b\u5916\uff0c\u8fd8\u6709\u5f88\u591a\u98ce\u9669\u3002<\/strong>\u751f\u7269\u6280\u672f\u9886\u57df\u6709\u57fa\u672c\u7684\u76d1\u7ba1\u98ce\u9669\uff0c\u5c0f\u516c\u53f8\u6709\u89c4\u6a21\u98ce\u9669\u3001\u65e0\u76c8\u5229\u98ce\u9669\uff0c\u6211\u4eec\u53ef\u80fd\u4f1a\u56e0\u6b64\u83b7\u5f97\u6536\u76ca\uff0c\u4f46\u5f53\u5e02\u573a\u4e0b\u8dcc\u65f6\uff0c\u6211\u4eec\u4f1a\u635f\u5931\u5f88\u591a\u3002<\/p>\n Q\uff1a\u53ef\u4ee5\u5206\u4eab\u4e00\u4e9b\u5728\u98ce\u6295\u9886\u57df\u7684\u6559\u8bad\u5417\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u5728\u8fd9\u65b9\u9762\uff0c\u6211\u4eec\u5b66\u5230\u7684\u66f4\u591a\u5173\u4e8e\u8fd9\u4e2a\u8d44\u4ea7\u7c7b\u522b\u672c\u8eab\uff0c\u800c\u4e0d\u662f\u4e2a\u522b\u57fa\u91d1\u7ecf\u7406\u7684\u7279\u8d28\u3002<\/p>\n \u4e1a\u754c\u666e\u904d\u8ba4\u4e3a\uff0c\u53ea\u6709\u9876\u7ea7\u7684\u98ce\u6295\u57fa\u91d1\u7ecf\u7406\u4e2d\u624d\u80fd\u6210\u529f\uff0c\u5982\u679c\u4e0d\u5728\u524d\u5341\u540d\u4e4b\u5185\uff0c\u5c31\u4e0d\u8981\u8003\u8651\u6295\u8d44\u3002\u7136\u800c\u5728\u4e00\u5f00\u59cb\uff0c\u6211\u4eec\u65e0\u6cd5\u53c2\u4e0e\u90a3\u4e9b\u9876\u7ea7\u57fa\u91d1\u7ecf\u7406\u7684\u9879\u76ee\uff0c\u56e0\u6b64\u91c7\u53d6\u4e86\u4e00\u4e9b\u66ff\u4ee3\u65b9\u6cd5\uff0c\u6bd4\u5982\u9009\u62e9\u4e86Tiger Global\u4e4b\u7c7b\u7684\u5927\u578b\u57fa\u91d1\u3002<\/p>\n \u6211\u4eec\u7684\u89c2\u70b9\u662f\uff0c\u65e9\u671f\u9636\u6bb5\u7684\u6295\u8d44\u901a\u5e38\u4f1a\u5e26\u6765\u66f4\u9ad8\u7684\u56de\u62a5\uff0c\u4f46\u4e5f\u4f34\u968f\u7740\u66f4\u9ad8\u7684\u98ce\u9669\uff0c\u6240\u4ee5\u9009\u62e9\u6b63\u786e\u7684\u65f6\u95f4\u6846\u67b6\u975e\u5e38\u91cd\u8981\u3002<\/strong>\u5728\u4e92\u8054\u7f51\u6ce1\u6cab\u65f6\u671f\uff0c\u65e9\u671f\u9636\u6bb5\u7684\u6295\u8d44\u56de\u62a5\u901a\u5e38\u975e\u5e38\u9ad8\u3002<\/p>\n \u5728portfolio\u4e2d\u5305\u542b\u4e00\u4e9b\u65e9\u671f\u9636\u6bb5\u7684\u6295\u8d44\u662f\u6709\u5fc5\u8981\u7684\uff0c\u800c\u4e14\u8fd9\u4e9b\u6295\u8d44\u4e0e\u665a\u671f\u9636\u6bb5\u7684\u6295\u8d44\u548c\u80a1\u7968\u5e02\u573a\u7684\u8868\u73b0\u6ca1\u6709\u76f8\u5173\u6027\u3002<\/p>\n \u8fd8\u6709\u4e00\u70b9\uff0c\u65b0\u5174GP\u7684\u89c4\u6a21\u8f83\u5c0f\uff0c\u56e0\u6b64\u4ed6\u4eec\u53ef\u4ee5\u572850\u4e2a\u4e0d\u540c\u7684\u9879\u76ee\u4e0a\u8fdb\u884c\u5c0f\u989d\u6295\u8d44\uff0c\u5e76\u4ece\u65e9\u671f\u9636\u6bb5\u7684\u6210\u529f\u4e2d\u83b7\u76ca\uff0c\u6240\u4ee5\u9009\u62e9\u6295\u65e9\u671f\u7684\u65b0GP\u662f\u4e00\u4e2a\u975e\u5e38\u597d\u7684\u7b56\u7565\u3002<\/strong><\/p>\n Q\uff1a\u5728\u8fc7\u53bb\u768420\u5e74\u91cc\uff0c\u6050\u6015\u6ca1\u6709\u4ec0\u4e48\u6bd4\u5bf9\u51b2\u57fa\u91d1\u53d1\u751f\u7684\u53d8\u5316\u66f4\u5927\u4e86\uff0c\u8fd9\u4e5f\u662f\u4f60\u4eec\u63a5\u4e0b\u6765\u6295\u8d44\u7684\u8d44\u4ea7\u7c7b\u522b\uff0c\u73b0\u5728\u4f60\u4eec\u662f\u5982\u4f55\u6295\u8d44\u5bf9\u51b2\u57fa\u91d1\u7684\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u9996\u5148\uff0c\u6211\u4eec\u5c06\u5bf9\u51b2\u57fa\u91d1\u5206\u4e3a\u4e24\u7ec4\uff0c\u5bf9\u51b2\u80a1\u7968\u57fa\u91d1\u548c\u7edd\u5bf9\u56de\u62a5\u57fa\u91d1\u3002<\/p>\n \u5bf9\u51b2\u80a1\u7968\u57fa\u91d1\uff0c\u4e5f\u5c31\u662f\u548c\u80a1\u7968\u5e02\u573a\u76f8\u5173\u6027\u8d85\u8fc70.2\u7684\u57fa\u91d1\u3002<\/strong>\u6211\u4eec\u4ece\u5bf9\u51b2\u80a1\u7968\u57fa\u91d1\u4e2d\u83b7\u5f97\u4e86\u5f88\u591aalpha\u6536\u76ca\u3002<\/p>\n \u5bf9\u4e8e\u7edd\u5bf9\u56de\u62a5\u57fa\u91d1\uff0c\u62e5\u6709\u66f4\u591a\u7684\u57fa\u91d1\u7ecf\u7406\u603b\u662f\u66f4\u597d\u7684\uff0c\u8fd9\u6837\u505a\u7684\u76ee\u7684\u662f\u8ba9alpha\u6765\u6e90\u66f4\u591a\u6837\u3002<\/strong><\/p>\n \u901a\u8fc7\u9009\u62e9\u5408\u9002\u7684\u7b56\u7565\uff0c\u6211\u4eec\u53ef\u4ee5\u521b\u9020\u4e00\u4e2a\u76f8\u5bf9\u7a33\u5b9a\u7684alpha\u6765\u6e90\uff0c\u5927\u7ea6\u57283%\u52304%\u4e4b\u95f4\u3002\u8fd9\u4e2a\u6570\u5b57\u770b\u4f3c\u4e0d\u5927\uff0c\u4f46\u8fd9\u79cdalpha\u7684\u6ce2\u52a8\u7387\u76f8\u5bf9\u8f83\u4f4e\uff08\u53ea\u67092%\u62163%\uff09\uff0c\u610f\u5473\u7740\u8f83\u4e3a\u7a33\u5b9a\u7684\u8d85\u989d\u6536\u76ca\u3002\u7136\u540e\uff0c\u6211\u4eec\u5229\u7528\u8fd9\u4e2a\u76f8\u5bf9\u7a33\u5b9a\u7684alpha\uff0c\u901a\u8fc7\u6760\u6746\u6295\u8d44\u6765\u589e\u52a0\u6295\u8d44\u56de\u62a5\u3002<\/p>\n Q\uff1a\u4f60\u662f\u5426\u8003\u8651\u8fc7\u53e6\u7c7b\u8d44\u4ea7\u9886\u57df\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u6211\u4eec\u662f\u8fd9\u4e2a\u9886\u57df\u7684\u5f00\u62d3\u8005\u3002\u6700\u65e9\u6211\u4eec\u4ece\u4fdd\u9669\u9886\u57df\u5165\u624b\uff0c\u81ea\u7136\u707e\u5bb3\u4fdd\u9669\u4e4b\u7c7b\u7684\uff0c\u968f\u540e\u8fdb\u5165\u8bc9\u8bbc\u878d\u8d44\u3001\u7248\u7a0e\uff08\u5305\u62ec\u97f3\u4e50\u548c\u836f\u54c1\uff09\uff0c\u4ee5\u53ca\u4e34\u5e8a\u8bd5\u9a8c\u548c\u8fd0\u52a8\u5458\u878d\u8d44\u3002\u6211\u4e00\u76f4\u5728\u5bfb\u627e\u5177\u6709\u9ad8\u56de\u62a5\u7387\uff0812%\u523015%\uff09\u5e76\u4e14\u4e0e\u91d1\u878d\u5e02\u573a\u6ce2\u52a8\u4e0d\u76f8\u5173\u7684\u6295\u8d44\u673a\u4f1a\u3002<\/strong><\/p>\n \u7136\u800c\u8fd9\u4e9b\u9886\u57df\u7684\u4e00\u4e2a\u5171\u540c\u95ee\u9898\uff0c\u5c31\u662f\u5bb9\u91cf\u6709\u9650\uff0c\u8fd9\u4e9b\u7b56\u7565\u7684\u89c4\u6a21\u4e0d\u80fd\u65e0\u9650\u6269\u5927\u3002<\/strong>\u5f53\u6211\u5728\u516c\u5f00\u573a\u5408\u8c08\u8bba\u8fd9\u4e9b\u7b56\u7565\u65f6\uff0c\u5b83\u4eec\u7684\u8868\u73b0\u53ef\u80fd\u4f1a\u53d7\u5230\u5f71\u54cd\uff0c\u56e0\u6b64\u6211\u4eec\u5fc5\u987b\u4fdd\u6301\u8c28\u614e\uff0c\u4e5f\u4e0d\u80fd\u5728\u5ba2\u6237portfolio\u4e2d\u5206\u914d\u8fc7\u591a\u7684\u8d44\u91d1\uff0c\u901a\u5e38\u662f5-6%\u3002<\/p>\n Q\uff1a\u5173\u4e8e\u623f\u5730\u4ea7\u9886\u57df\u5462\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u8981\u907f\u514d\u652f\u4ed8\u53cc\u91cd\u7ba1\u7406\u8d39\u7684\u60c5\u51b5\uff0c\u4e5f\u5c31\u662f\u907f\u514d\u4ed8\u7ed9\u4e00\u5bb6\u79c1\u52df\u673a\u6784\u7528\u4e8e\u652f\u4ed8\u53e6\u4e00\u5bb6\u79c1\u52df\u7684\u8d39\u7528\u3002<\/p>\n \u6211\u4eec\u901a\u5e38\u9009\u62e9\u4e0e\u4e00\u4e2a\u5730\u533a\u7684\u4e13\u5bb6\u5408\u4f5c\uff0c\u5728\u5168\u56fd\u8303\u56f4\u5185\u6784\u5efa\u623f\u5730\u4ea7portfolio\u3002\u7531\u4e8e\u623f\u5730\u4ea7\u6295\u8d44\u5728\u7a0e\u6536\u65b9\u9762\u6709\u4e00\u4e9b\u590d\u6742\uff0c\u5efa\u7acb\u5168\u7403portfolio\u6bd4\u8f83\u56f0\u96be\uff0c\u6211\u4eec\u7684\u6b27\u6d32\u5ba2\u6237\u4e0d\u4f1a\u6295\u8d44\u7f8e\u56fd\u7684\u623f\u5730\u4ea7\u5e02\u573a\u3002\u4e0d\u8fc7\u6211\u4eec\u53d1\u73b0\uff0c\u7f8e\u56fd\u7684\u623f\u5730\u4ea7\u5e02\u573a\u76f8\u6bd4\u6b27\u6d32\u548c\u4e9a\u6d32\u66f4\u5177\u521b\u9020alpha\u7684\u6f5c\u529b\u3002<\/p>\n \u5728\u623f\u5730\u4ea7\u7684\u4e0d\u540c\u9886\u57df\uff08\u5982\u529e\u516c\u3001\u5de5\u4e1a\u3001\u4f4f\u5b85\u548c\u9152\u5e97\uff09\u4e2d\u7684\u8d44\u91d1\u5206\u914d\u4e5f\u662f\u6211\u4eec\u9700\u8981\u8003\u8651\u7684\u95ee\u9898\u3002\u8fc7\u53bb\u7684\u516d\u4e03\u5e74\uff0c\u6211\u4eec\u57fa\u672c\u4e0a\u90fd\u5728\u6295\u5de5\u4e1a\u623f\u5730\u4ea7\uff0c\u7279\u522b\u662f\u7269\u6d41\u9886\u57df\uff0c\u5e76\u53d6\u5f97\u4e86\u5de8\u5927\u7684\u6210\u529f\u3002<\/strong><\/p>\n Q\uff1a\u5b9e\u7269\u8d44\u4ea7\u5462\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u6211\u4eec\u7edd\u5bf9\u4e0d\u518d\u78b0\u8fd9\u65b9\u9762\u6295\u8d44\u4e86\u3002\u65e9\u671f\u6211\u4eec\u6295\u8d44\u8fc7\u77f3\u6cb9\u548c\u5929\u7136\u6c14\uff0c\u7136\u540e\u53d1\u73b0\u8fd9\u4e2a\u9886\u57df\u53ea\u9002\u5408\u6709\u4e30\u5bcc\u7ecf\u9a8c\u7684\u4e13\u4e1a\u4eba\u58eb\u3002\u867d\u7136\u8fd9\u4e2a\u9886\u57df\u5b58\u5728\u5f88\u591a\u673a\u4f1a\uff0c\u4f46\u662f\u5546\u54c1\u4ef7\u683c\u7684\u6ce2\u52a8\u8ba9\u95e8\u5916\u6c49\u7684\u6295\u8d44\u975e\u5e38\u56f0\u96be\u3002<\/p>\n \u77f3\u6cb9\u3001\u5929\u7136\u6c14\u3001\u91c7\u77ff\u90fd\u662f\u9700\u8981\u82b120\u5e74\u4ee5\u4e0a\u7684\u65f6\u95f4\u4e0e\u5468\u671f\u5171\u5b58\u7684\u9886\u57df\uff0c\u6240\u4ee5\u6211\u4eec\u4f1a\u8fdc\u79bb\u5b83\u4eec\u3002<\/strong><\/p>\n Q\uff1a\u65b0\u5174\u8d44\u4ea7\u7c7b\u522b\u8fd1\u51e0\u5e74\u51fa\u73b0\u4e86\u4e00\u4e9b\u673a\u9047\uff0c\u4f60\u5bf9\u52a0\u5bc6\u8d27\u3001\u548c\u533a\u5757\u94fe\u548cAI\u65b9\u9762\u6709\u4ec0\u4e48\u770b\u6cd5\u5417\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u5173\u4e8eAI\uff0c\u4e00\u4e2a\u91cd\u8981\u7684\u95ee\u9898\u662f\u5b83\u5c06\u5982\u4f55\u5f71\u54cd\u673a\u6784\u6295\u8d44\u3001\u8d44\u4ea7\u914d\u7f6e\u4ee5\u53ca\u5404\u79cd\u52a8\u4f5c\u7684\u65f6\u673a\uff1f<\/strong>\u76ee\u524d\u6211\u4eec\u8fd8\u6ca1\u6709\u7b54\u6848\uff0c\u73b0\u5728\u5224\u65ad\u8fd8\u4e3a\u65f6\u8fc7\u65e9\u3002\u4f46\u5f53\u8fd9\u4e00\u5207\u53d1\u751f\u65f6\uff0c\u6211\u4eec\u4f1a\u7f6e\u8eab\u5176\u4e2d\u3002<\/p>\n \u5173\u4e8e\u52a0\u5bc6\u8d27\u5e01\uff0c\u5b83\u5c31\u50cf\u9ec4\u91d1\uff0c\u6ca1\u6709\u6536\u5165\uff0c\u5e02\u573a\u662f\u56e0\u4e3a\u4eba\u4eec\u8d2d\u4e70\u5b83\u800c\u5b58\u5728\u3002<\/strong>\u5f15\u7528Jacob Rothschild\u7684\u8bdd\uff1a\u201c\u5f53\u4e2d\u592e\u94f6\u884c\u5f00\u59cb\u8d2d\u4e70\u9ec4\u91d1\u65f6\uff0c\u4f60\u4e5f\u5e94\u8be5\u8d2d\u4e70\u9ec4\u91d1\uff0c\u6700\u597d\u662f\u5728\u4ed6\u4eec\u5f00\u59cb\u8d2d\u4e70\u4e4b\u524d\u3002\u201d<\/p>\n \u52a0\u5bc6\u8d27\u5e01\u4e5f\u662f\u4e00\u6837\u7684\uff0c\u5b83\u7684\u4ef7\u683c\u7531\u8d2d\u4e70\u89c4\u6a21\u51b3\u5b9a\uff0c\u800c\u8fd9\u53d7\u5230\u5f88\u591a\u52a8\u91cf\u548c\u5fc3\u7406\u56e0\u7d20\u7684\u5f71\u54cd\u3002<\/strong><\/p>\n \u6bd4\u5982\u6bd4\u7279\u5e01\u7684\u4ef7\u503c\uff0c\u5b83\u4e0e\u6bd4\u7279\u5e01\u7684\u4efb\u4f55\u4ef7\u503c\u4e3b\u5f20\u6216\u8005\u5b9e\u7528\u6027\u90fd\u6ca1\u6709\u5173\u8054\u3002\u6bd4\u7279\u5e01\u5177\u6709\u5b9e\u7528\u6027\uff0c\u7279\u522b\u662f\u5728\u8de8\u8d8a\u8d44\u672c\u8fb9\u754c\u7684\u8d27\u5e01\u4ea4\u6613\u65b9\u9762\uff0c\u786e\u5b9e\u6709\u4e00\u5b9a\u7684\u4ef7\u503c\uff0c\u4f46\u5b83\u4e0d\u503c\u56db\u4e07\u7f8e\u5143\uff0c\u8fd9\u663e\u7136\u662f\u53d7\u5230\u6295\u673a\u56e0\u7d20\u9a71\u52a8\u7684\u3002<\/p>\n \u5f53\u52a0\u5bc6\u8d27\u5e01\u7684\u4ef7\u683c\u53cd\u6620\u4e86\u5b83\u4eec\u7684\u5b9e\u7528\u6027\uff0c\u6216\u8005\u76f8\u5bf9\u4e8e\u5b83\u4eec\u7684\u5b9e\u7528\u6027\u66f4\u4fbf\u5b9c\u65f6\uff0c\u6211\u4eec\u4f1a\u8fdb\u884c\u6295\u8d44\u3002<\/strong><\/p>\n Q\uff1a\u4f60\u5728\u5de5\u4f5c\u548c\u5bb6\u5ead\u4e4b\u5916\uff0c\u6700\u559c\u6b22\u7684\u7231\u597d\u6216\u6d3b\u52a8\u662f\u4ec0\u4e48\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1a\u6211\u559c\u6b22\u94c1\u4eba\u4e09\u9879\uff0c\u4e3b\u8981\u662f\u8dd1\u6b65\u3001\u6e38\u6cf3\u548c\u9a91\u81ea\u884c\u8f66\u3002\u4f46\u6211\u4e5f\u5c1d\u8bd5\u5404\u79cd\u8fd0\u52a8\uff0c\u4efb\u4f55\u4e00\u79cd\u4f60\u80fd\u53eb\u5f97\u4e0a\u540d\u5b57\u7684\u8fd0\u52a8\u6211\u90fd\u53c2\u4e0e\u8fc7\u3002\u552f\u4e00\u4e0d\u73a9\u9ad8\u5c14\u592b\uff0c\u56e0\u4e3a\u5b83\u9700\u8981\u7684\u65f6\u95f4\u592a\u591a\u4e86\u3002<\/p>\n Q\uff1a\u5728\u4f60\u7684\u804c\u4e1a\u751f\u6daf\u4e2d\uff0c\u54ea\u4e24\u4e2a\u4eba\u5bf9\u4f60\u4ea7\u751f\u4e86\u6700\u5927\u7684\u5f71\u54cd\uff1f<\/strong><\/p>\n Stan<\/strong>\uff1aTom Eliason\uff0c\u4ed6\u662f\u4e00\u4f4d\u517c\u4efb\u591a\u5bb6\u516c\u53f8CEO\u548c\u8463\u4e8b\u957f\u7684\u4f01\u4e1a\u5bb6\uff0c\u66fe\u62c5\u4efbAsda\u3001Energis\u548cITV\u7684CEO\uff0c\u5e76\u4e14\u76ee\u524d\u662fMarks and Spencer\u7684\u4e3b\u5e2d\u3002\u5f53\u6211\u8fd8\u662f\u4e00\u540d\u6218\u7565\u987e\u95ee\u65f6\uff0c\u66fe\u7ecf\u548c\u4ed6\u4e00\u8d77\u5de5\u4f5c\u3002<\/p>\n \u4f5c\u4e3a\u9886\u5bfc\u8005\uff0c\u4ed6\u6709\u4e24\u4e2a\u7279\u8d28\uff1a\u9996\u5148\uff0c\u4ed6\u4e0d\u559c\u6b22\u505a\u4efb\u4f55\u5e73\u51e1\u3001\u666e\u901a\u7684\u4e8b\u60c5\uff0c\u4ed6\u603b\u662f\u52aa\u529b\u505a\u90a3\u4e9b\u51fa\u4eba\u610f\u6599\u7684\u3001\u975e\u540c\u5bfb\u5e38\u7684\u4e8b\u60c5\u3002<\/strong><\/p>\n \u5176\u6b21\uff0c\u4ed6\u6559\u4f1a\u4e86\u6211\u59cb\u7ec8\u4fdd\u6301\u771f\u5b9e\uff0c\u76f4\u9762\u672a\u7ecf\u6da6\u8272\u7684\u771f\u76f8\u3002<\/strong><\/p>\n \u6211\u662fPartners Capital\u8463\u4e8b\u4f1a\u7684\u4e3b\u5e2d\u3002\u5728\u8463\u4e8b\u4f1a\u4f1a\u8bae\u4e0a\uff0c\u4f60\u4e0d\u8981\u4e3a\u4e86\u8bf4\u670d\u522b\u4eba\uff0c\u5c55\u793a\u6295\u8d44\u4e1a\u7ee9\u6709\u591a\u51fa\u8272\u3002\u4f60\u8981\u627e\u51fa\u4e0d\u592a\u597d\u7684\u5730\u65b9\uff0c\u82b1\u65f6\u95f4\u53bb\u89e3\u51b3\uff0c\u5e76\u4e14\u8981\u5766\u8bda\u9762\u5bf9\uff0c\u6b63\u89c6\u90a3\u4e9b\u672a\u7ecf\u6da6\u8272\u7684\u771f\u76f8\u3002<\/p>\n \u672c\u6587\u4e3a\u4e13\u680f\u4f5c\u8005\u6388\u6743\u5fae\u65b0\u521b\u60f3\u53d1\u8868\uff0c\u7248\u6743\u5f52\u539f\u4f5c\u8005\u6240\u6709\u3002\u6587\u7ae0\u7cfb\u4f5c\u8005\u4e2a\u4eba\u89c2\u70b9\uff0c\u4e0d\u4ee3\u8868\u5fae\u65b0\u521b\u60f3\u7acb\u573a\uff0c\u8f6c\u8f7d\u8bf7\u8054\u7cfb\u539f\u4f5c\u8005\u3002\u5982\u6709\u4efb\u4f55\u7591\u95ee\uff0c\u8bf7\u8054\u7cfbhttp:\/\/www.idea2003.com\/\u3002<\/p>\n","protected":false},"excerpt":{"rendered":" \u7f16\u8005\u6309\uff1a\u672c\u6587\u6765\u81ea\u5fae\u4fe1\u516c\u4f17\u53f7 \u6eaf\u5143\u80b2\u65b0\uff08ID\uff1aEnvolveGroup...<\/p>\n","protected":false},"author":1,"featured_media":831,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-4379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dongtai"],"_links":{"self":[{"href":"http:\/\/www.idea2003.com\/wp-json\/wp\/v2\/posts\/4379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.idea2003.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.idea2003.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.idea2003.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.idea2003.com\/wp-json\/wp\/v2\/comments?post=4379"}],"version-history":[{"count":0,"href":"http:\/\/www.idea2003.com\/wp-json\/wp\/v2\/posts\/4379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.idea2003.com\/wp-json\/wp\/v2\/media\/831"}],"wp:attachment":[{"href":"http:\/\/www.idea2003.com\/wp-json\/wp\/v2\/media?parent=4379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.idea2003.com\/wp-json\/wp\/v2\/categories?post=4379"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.idea2003.com\/wp-json\/wp\/v2\/tags?post=4379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}