（原标题：天使投资人肖庆平意外离世 曾勉励创业者"早日毕业，IPO喝酒"） 10月7日，资深公益人邓飞朋友圈发文悼念：中国第一代IT从业者、北京掌上通网络股份有限公司（新 三板，430093）董事长、资深天使投资人肖庆平在西藏因车祸不幸离世。 多位记者10月8日致电掌上通官方电话，相关工作人员表示后续会公开情况。极目新闻随后从昌都市殡 仪馆处了解到，殡仪馆于7日接到肖庆平遗体。 肖庆平最后一条朋友圈信息显示，其于10月5日发布朋友圈，他穿过怒江72道拐，抵达位于西藏昌都市 八宿县的来古冰川自然保护区。这是他生平第一次入藏，令人扼腕。 据相关报道，肖庆平大学毕业后曾在湖南一家主要出口美国的外贸工厂担任车间主任，当时的他年轻气 盛，风头正劲，但一位香港代理商对他很不屑，直指其"不懂外贸"。受此刺激，他下定决心，刻苦复 习，最终在150：1的残酷录取比例中杀出重围，考上了对外经贸大学硕士研究生。 硕士毕业后，与大部分同学进入国家经贸部委和各外贸总公司的去向不同，肖庆平选择了闯荡海南，先 后从事外贸和实业。1995年，一次出差美国的经历让他对IT行业产生了浓厚兴趣，当年他就投资威龙电 脑80多万元，开启了投资之路。后 ...

以下文章来源于Cici的会客厅 ，作者Cici的会客厅 Cici的会客厅 . 一级市场资本前沿观察者 主理人Cici：一级市场财务顾问（FA）暨商业咨询公司创始人，美国 UTD金融会计硕士 ☕ 在这里，我们聊一级市场投资的底层逻辑，也探讨如何将专业洞察融入您的财富 版图。 01 一个电话背后的行业困局 最近，一位朋友给我打了个很长的电话。 我们姑且叫他李总。 电话那头，这位曾经在路演时意气风发的技术大牛，声音却充满了疲惫。 他的公司，一家一度被众多知名资本热捧的初创企业，最终还是没能撑过这个资本寒冬。 更糟糕的是，他即将被法院列为" 失信被执行人 " 。 宏观数据显示一级市场" 理性回暖 " ，港股IPO数量增长1 5%； 然而微观层面，从业者的体感却是冰冷的。 李总的悲剧，究竟是个例，还是系统性" 变形 " 的必然结果？ 02 新常态，从" 募投管退 "到" 募投管退返 " 李总的个人悲剧，并非发生在真空中。它是一场席卷整个行业的系统性变革所投下的缩影。这 场变革，首先体现在 GP（基金管理人）工作模式的根本性转变上。 这意味着他不仅失去了事业，还将失去作为普通人的大部分" 自由 " ——坐不了飞机、住不了 ...

智通财经APP注意到，风险债务公司Stride Ventures首次进军沙特阿拉伯，并计划未来两年内在当地投放 2亿美元资金，以利用该国推动新融资来源的契机。 Erad的联合创始人萨勒姆·阿布哈穆尔表示，公司成立于2022年，计划在未来一年为中小企业投放超过1 亿美元的资金。 Stride已经在印度、东南亚和英国投放了超过10亿美元的信贷，最近领投了沙特金融科技公司Erad的一 轮融资。该公司的合伙人法里哈·贾维德表示，这笔交易标志着Stride在中东的首笔金融科技投资，也开 启了其在沙特阿拉伯的投资推动。 Stride自2019年以来一直在新德里开展业务，已投资了超过一百家公司，其中包括印度杂货配送初创公 司Zepto。据说Zepto计划在今年晚些时候或2026年初进行首次公开募股。贾维德表示，该公司预计其投 资组合中的七家公司将"很快"上市。 贾维德在接受采访时表示，该公司计划向不同规模和行业的沙特公司提供贷款，并在最近完成了首只专 注于海湾地区的基金后，计划向阿联酋的公司再提供5000万美元的资金。Stride计划之后将资金回投到 中东。 根据普华永道的数据，随着国际投资者继续扩大在该地区的业务，海湾合 ...

天眼查工商信息显示，9月17日，锤子科技（成都）股份有限公司新增2条失信被执行人信息（俗称"老赖"）。 相关信息显示，锤子科技因"有履行能力而拒不履行生效法律文书确定义务"，而被列为失信被执行人（老赖），涉及与苏州紫辉盛网创业投资企业（有限合 伙）相关借款合同纠纷案件，被执行人的履行情况为全部未履行，执行法院为北京市海淀区人民法院。 该内部人士同时表示，罗永浩本人曾明确表示，自己愿意以个人名义替公司偿还对紫辉创投的这笔债务，但鉴于紫辉创投负责人郑刚近两年与罗永浩公开发 生过的几次矛盾和冲突，罗永浩决定将紫辉创投的债务处理事宜放在最后。 紫辉创投是一家专注于科技创新领域的风险投资机构，作为创始人，郑刚曾与罗永浩是多年"好友"，多次为锤子手机站台发声，与锤子手机"黑粉"辩论，发 文怒斥阿里投资拖延，抵押房产筹措资金，直至2022年，罗永浩想用新创立的AR公司细红线科技股权抵消此前锤子科技接受的15亿元投资款，郑刚不满意 如此安排，由此掀起了一场投资人与创业者之间的"撕扯"。 据悉，郑刚与罗永浩的公开矛盾始于2023年1月，他发文炮轰罗永浩拖死锤子、不懂感恩，之后又多次公开指责。2024年8月，罗永浩称将起诉郑刚， ...

作为评价各经济体创新能力的一个指标，全球创新指数是衡量各国创新的风向标，并成为各国政府制定 经济决策的参考。今年的创新指数有哪些具体变化？ 9月16日，第一财经从世界知识产权组织（WIPO）获悉，最新发布的中，瑞士、瑞典、美国、韩国和 新加坡位居前五；随后是英国、芬兰、荷兰、丹麦，以及首次跻身前十的中国。 除了总指数排名比去年跃升一位外，中国拥有最多跻身百强的集群（24个），其中，深圳-香港-广州集 群超越东京-横滨集群，首次跃居榜首。 "2025年GII勾勒出全球创新版图，显示GII中进步最快的正是那些将创新视为韧性、增长和竞争力的根 本引擎的经济体。本年度GII既展现了令人鼓舞的进展，也揭示出各国在充分释放其创新潜力方面仍需 应对的挑战。它提醒我们，创新生态系统需要通过深思熟虑的政策、有意义的投资和跨部门协作来获得 支持和培育。"WIPO总干事邓鸿森（Daren Tang）说。 | GII rank | | | Income | | | --- | --- | --- | --- | --- | | | Economy | Score | aroup Regio rank | rank | | 1 | S ...

Core Insights - Steve Jobs' journey exemplifies resilience and vision in the face of adversity, transforming setbacks into opportunities for innovation and growth [2][3][5] Group 1: Early Career and Setbacks - In 1985, Steve Jobs was ousted from Apple, marking a significant setback in his career, which he later transformed into a chance for reinvention [2] - Jobs recruited John Sculley from PepsiCo with a compelling vision, but internal conflicts led to his removal from Apple [2][3] Group 2: Second Ventures - After leaving Apple, Jobs invested millions in Pixar and NeXT, despite initial failures, demonstrating a long-term investment strategy focused on future value [3][4] - Pixar's success with "Toy Story," which grossed $373 million, marked a turning point for both the company and the animation industry [3] Group 3: Return to Apple - Upon returning to Apple in 1997, Jobs implemented the Pareto principle, cutting 70% of the product line to focus on core offerings, leading to a profitable turnaround [4] - The launch of the iMac in 1998 sold 800,000 units in five months, contributing to Apple's profitability of $309 million that year [4] Group 4: Innovation and Growth - Under Jobs' leadership, Apple introduced groundbreaking products like the iPod, iPhone, and iPad, significantly increasing its market value to $350 billion by 2010 [4] - By the time of Jobs' passing in 2011, Apple's market capitalization reached $2.9 trillion, solidifying its status as the most valuable company in history [5] Group 5: Lessons for Entrepreneurs and Investors - Entrepreneurs should maintain unwavering belief in their vision and prioritize innovation to meet evolving consumer demands [5][6] - Investors are encouraged to adopt a long-term perspective, recognizing potential in emerging sectors and diversifying investments to mitigate risks [5]

Group 1 - The Global Innovation Index (GII) ranks Switzerland, Sweden, the United States, South Korea, and Singapore as the top five economies for innovation [1][2] - China has entered the top ten for the first time, ranking 10th, and has the most innovation clusters in the global top 100, with 24 clusters [1][2] - The GII evaluates nearly 140 economies using around 80 indicators, including R&D expenditure, venture capital transactions, high-tech exports, and intellectual property applications [4] Group 2 - The report indicates that R&D growth is expected to slow down to 2.9% in 2024, the lowest since the 2010 financial crisis, with a further decline to 2.3% projected for 2025 [4] - Due to persistent high inflation, corporate R&D spending has only increased by 1%, significantly lower than the average of 4.6% over the past decade [5] - Venture capital (VC) investment is projected to grow by 7.7% in 2024, driven by large transactions in the U.S. and investments in generative AI, although overall VC activity is contracting when excluding these projects [5]

Group 1 - The 25th China Venture Capital Forum was held in Shanghai with the theme "New Venture Capital, New Industry, New Model" [1] - The forum emphasized the importance of high-quality financial development and its role in supporting the real economy and building a strong financial nation, as highlighted by the Chairman of the Central Committee of the China Democratic League, Hao Mingjin [2] - Keynote speaker Qin Boyong stressed the significance of integrating venture capital with technological and industrial innovation, and the need to seize opportunities presented by national policies and capital market development [2] Group 2 - The forum released the "China Venture Capital Development Annual Report (2025)" and the list of "Top 50 Pioneer Technology Investment Institutions in 2025" [3]

Core Viewpoint - The article reflects on the 20th anniversary of金沙江创投, highlighting its evolution, key figures, and investment strategies over the years, particularly focusing on朱啸虎's role and the firm's adaptability in the changing investment landscape [2][9]. Group 1: History and Formation - 金沙江创投 was initially named "中国新产业基金" and focused on "hard technology," later rebranding to signify its role in nurturing Chinese technology [3][4]. - The founding team included experienced professionals from various sectors, establishing a strategic partnership with Mayfield, a prominent Silicon Valley fund, to connect Chinese projects with global resources [4][3]. - The first fund raised $75 million in 2005, marking a significant milestone in China's VC landscape, with subsequent funds showing substantial growth [4][3]. Group 2: Investment Strategy and Key Projects - 朱啸虎 joined 金沙江创投 in 2007, becoming the youngest partner, and was involved in notable projects like 百姓网 and 拉手网, which later faced challenges [7][9]. - The firm experienced a shift in investment focus during the mobile internet boom, leading to successful investments in companies like 饿了么, 滴滴, and 小红书, which contributed to its reputation [9][10]. - In 2016, internal disagreements led to the departure of key partners, resulting in the establishment of separate entities, but 金沙江创投 continued to thrive under 朱啸虎's leadership [8][9]. Group 3: Recent Developments and Future Outlook - As of 2021, 金沙江创投 has not announced new fundraising, reflecting a period of consolidation and strategic planning for future investments [10][11]. - The firm has adapted to geopolitical risks by rebranding its U.S. operations and maintaining a focus on relevant investment opportunities without overextending [9][10]. - 朱啸虎's approach emphasizes quick returns and strategic exits, showcasing a balance between risk and opportunity in the current investment climate [10][11].

在我看来，创业是一个相当严肃的事情，而非一场人人都能参与的、轻松的狂欢。今天得空把思考写下 来。 我所理解的创业，绝不是那种一个人开个小店、做点小买卖的个体户行为。而是做一个完整的闭环生 意，需要有规模性的团队、成熟的产品和服务、完整的治理结构，并且在创造商业价值的同时，承担起 相应的社会责任。真正的创业，是一场对信任、对责任、对人性的深度考验，是一场充满"濒死体验"的 九死一生之旅。 一、创业是对信任的严肃负债 很多人将风险投资（VC）的钱看作是无风险的资本，认为失败了也无所谓，因为VC投资人理应对此有 所准备。但我从来不这么想，对我来说，每一笔投资都不仅仅是冰冷的财务数字，而是一种严肃的负 债，一种包含着"财务债"与"情感债"的复合体。 想想看，当你的公司还只是一个模糊的构想，你的产品还未成型，你的团队还未壮大时，有人却选择将 真金白银押注在你身上。这份信任，比任何合同条款都更具份量。它是在你最不确定的时刻，对方对你 个人能力和愿景的坚定支持。因此，我始终认为，这份负债需要加倍偿还。一旦创业失败，金钱的损失 是其次，更重要的是辜负了那份在至暗时刻伸出的援手。这种对信任的辜负，会在你的行业信用账户上 留下永 ...