倪正东:前一段时间媒体上有一篇封面报道,讲红杉的成功之道。红杉的成功之道是投赛道而不是赛手,在座的几位投资人,你们是选择赛道,还是选择赛手?曾李青:红杉是很大的基金,有能力覆盖赛道。我们这样的天使投资人没有能力覆盖。所以投资要靠缘分,碰到了我们就投,但我们会对赛道做点研究。蔡文胜:我觉得第一是看缘分;第二是看方向,看哪个方向是比较有发展的;第三是看他之前是否有过成功的小案例,有的话成功概率会比较高。胡海泉:我认为更重要的是了解创 Ni Zhengdong: Some time ago the media has a cover story, about Sequoia’s success. Sequoia’s success is to vote the track rather than racers, several investors present, you choose the track, or choose the race? Zeng Liqing: Sequoia is a great fund, capable of covering the track . Angel investors like us do not have the ability to cover. So investment depends on fate, met us to vote, but we will do some research on the track. Cai Wensheng: I think the first is to see the fate; the second is to look at the direction to see which direction is more developed; the third is to see if he had a successful small case, and some success probability will be higher. Hu Haiquan: I think it is more important to understand creation