实战派投资人忠告：硬科技创业，速度是竞争力，活着是硬道理

Core Insights - The article emphasizes the importance of maintaining caution towards controllable factors while remaining optimistic about uncontrollable ones, highlighting the resilience of entrepreneurial spirit despite macroeconomic fluctuations [2] - It discusses the shift in investment strategies and entrepreneurial logic in the context of a new paradigm in Chinese technology investment, driven by a wave of young entrepreneurs and scientists [2] Group 1: Investment Focus - There is a growing preference for hard technology and long-term value in investment decisions, with a notable emphasis on projects that demonstrate significant technological breakthroughs [5][7] - The discussion highlights the importance of understanding market needs as a critical threshold for hard technology entrepreneurs, indicating that successful market entry can lead to sustainability [10] Group 2: Changing Investment Logic - The transition from mobile internet to hard technology has altered the investment logic, with a focus on long-term project development requiring around ten years of accumulation [9] - Investors are now prioritizing projects that adapt to specific market needs and have the potential for ecosystem development, rather than those that simply aim for rapid monetization [9][10] Group 3: Caution in Investment - The article advises against blindly chasing trends in a rapidly changing market, suggesting that early-stage investors should focus on areas they understand well and develop unique insights [12] - It notes the lengthy process of bringing laboratory products to market, which can take up to 14 years, while current fund lifespans are often shorter, necessitating a strategic approach to investment [12] Group 4: Entrepreneurial Resilience - Entrepreneurs are encouraged to maintain a fast pace while also ensuring longevity in their ventures, as the window for success in the AI-driven era is becoming increasingly narrow [14] - The article underscores the importance of survival in entrepreneurship, suggesting that maintaining operational viability is crucial for seizing future opportunities [14]