{"id":161,"date":"2022-06-13T10:00:00","date_gmt":"2022-06-13T02:00:00","guid":{"rendered":"http:\/\/blog.cloud500.net\/?p=161"},"modified":"2023-09-14T08:09:18","modified_gmt":"2023-09-14T00:09:18","slug":"%e4%ba%91%e5%b8%82%e5%9c%ba%e6%95%b0%e6%8d%ae%e6%9b%b4%e6%96%b0","status":"publish","type":"post","link":"http:\/\/blog.cloud500.ai\/?p=161","title":{"rendered":"\u4e91\u5e02\u573a\u6570\u636e\u66f4\u65b0"},"content":{"rendered":"\n\n
\n
\n \u4e4b\u524d\u7f8e\u56fd\u516c\u5e03\u7684 5 \u6708\u4efd CPI \u6570\u636e\u9ad8\u4e8e\u9884\u671f\u3002<\/span>\n \u8fd9\u610f\u5473\u7740\uff0c\u5982\u679c\u901a\u80c0\u7387\u9ad8\u4e8e\u9884\u671f\uff0c\u5229\u7387\u4e5f\u6709\u53ef\u80fd\u9ad8\u4e8e\u9884\u671f\uff0c\u800c\u8fd9\u5c06\u964d\u4f4e\u957f\u671f\u8d44\u4ea7\u7684\u4ef7\u503c\uff08\u5982\uff1a<\/span>\n \u589e\u957f\u578b\u8f6f\u4ef6\u80a1\u7968\uff09\uff0c\u73b0\u503c\u662f\u672a\u6765\u73b0\u91d1\u6d41\u7684\u6298\u73b0\u3002<\/span>\n \u5373\u4f7f\u662f\u5bf9\u76ee\u524d\u7684\u6210\u957f\u578b\u8f6f\u4ef6\u516c\u53f8\u800c\u8a00\uff08\u5982\uff1a<\/span>\n Datadog\u3001Crowdstrike \u548c Snowflake \u7b49\uff09\uff0c\u672a\u6765\u73b0\u91d1\u6d41\u5bf9\u516c\u53f8\u7684\u4f30\u503c\u5f71\u54cd\u4e5f\u4f1a\u6bd4\u8f83\u5927\u3002<\/span>\n \u968f\u7740\u5229\u7387\u7684\u4e0a\u5347\uff0c\u672a\u6765\u73b0\u91d1\u6d41\u7684\u8d34\u73b0\u7387\u4e5f\u540c\u65f6\u4f1a\u4e0a\u5347\uff0c\u5373\u5b83\u4eec\u5f53\u524d\u7684\u4f30\u503c\u4f1a\u964d\u4f4e\u3002<\/span>\n \u76f8\u53cd\uff0c\u4e00\u5bb6\u4f4e\u589e\u957f\u4f46\u9ad8\u73b0\u91d1\u6d41\u7684\u4f01\u4e1a\uff0c\u5176\u672a\u6765\u73b0\u91d1\u6d41\u5bf9\u5f53\u524d\u4f30\u503c\u7684\u5f71\u54cd\u53cd\u800c\u4e0d\u9ad8\uff0c\u56e0\u6b64\u5229\u7387\u6ce2\u52a8\u5bf9\u5176\u4f30\u503c\u5f71\u54cd\u5c31\u8f83\u5c0f\u3002<\/span>\n \n <\/section>\n
\n \u4ece\u7f8e\u56fd CPI \u6570\u636e\u6765\u770b \u2014\u2014 5 \u6708\u4efd\u7684\u6574\u4f53 CPI \u4e3a 8.6%\uff08\u9884\u671f\u4e3a 8.3%\uff0c 4 \u6708\u4efd CPI \u4e0a\u6da8 8.3%\uff09\u3002<\/span>\n \u6838\u5fc3 CPI\uff08\u4e0d\u5305\u62ec\u80fd\u6e90\u548c\u98df\u54c1\u7684 CPI\uff09\u4e0a\u6da8 6%\uff08\u9884\u671f\u4e3a 5.9%\uff0c4 \u6708\u4efd\u6838\u5fc3 CPI \u4e0a\u6da8 6.2%\uff09\u3002<\/span>\n <\/section>\n
\n \u4e00\u4e2a\u6709\u8da3\u7684\u73b0\u8c61\u662f\u6838\u5fc3 CPI \u6b63\u5728\u6301\u7eed\u4e0b\u964d\uff083 \u6708\u4efd\u4e3a 6.5%\u30014 \u6708\u4efd\u4e3a 6.2%\u30015 \u6708\u4efd\u4e3a 6.0%\uff09\u3002<\/span>\n \u5728\u5229\u7387\u65b9\u9762\uff0c\u7f8e\u8054\u50a8\u6700\u5173\u5fc3\u7684\u5e94\u8be5\u662f\u6838\u5fc3 CPI\u3002<\/span>\n \u80fd\u6e90\u548c\u98df\u54c1\u7684\u901a\u80c0\u66f4\u4f9d\u8d56\u4e8e\u4f9b\u5e94\u65b9\uff0c\u8fd9\u610f\u5473\u7740<\/span>\n \u7f8e\u8054\u50a8\u65e0\u6cd5\u901a\u8fc7\u5229\u7387\u6765\u63a7\u5236\u8fd9\u4e9b\u7269\u54c1\u7684\u4ef7\u683c<\/strong>\n \uff08\u5229\u7387\u5f71\u54cd\u9700\u6c42\u7aef\u800c\u4e0d\u662f\u4f9b\u5e94\u7aef\u6765\u9650\u5236\u4ef7\u683c\uff09\u3002<\/span>\n \u4e0d\u5e78\u7684\u662f\uff0c\u53d7\u6218\u4e89\u5f71\u54cd\uff0c\u80fd\u6e90\u548c\u98df\u54c1\u53d7\u5230\u4e86\u6765\u81ea\u4f9b\u5e94\u56fd\u5bb6\u7684\u5de8\u5927\u51b2\u51fb\u3002<\/span>\n \u56e0\u6b64\uff0c\u6838\u5fc3 CPU \u6709\u6240\u4e0b\u964d\u662f\u4e00\u4e2a\u597d\u8ff9\u8c61\uff0c\u5f88\u6709\u53ef\u80fd\u5229\u597d\u4eca\u5e74\u6574\u4f53\u5e02\u573a\u7684\u5229\u7387\u6c34\u5e73\u3002<\/span>\n \u76ee\u524d\uff0c\u80fd\u6e90\uff08\u5929\u7136\u6c14\uff09\u548c\u98df\u54c1\uff08\u8d85\u5e02\u7684\u7269\u4ef7\uff09\u662f\u7f8e\u56fd\u4eba\u65e5\u5e38\u751f\u6d3b\u4e2d\u6700\u80fd\u611f\u53d7\u5230\u7684\u901a\u8d27\u81a8\u80c0\u3002<\/span>\n <\/section>\n
\n \u5982\u679c\u60f3\u8981\u5c06\u4f30\u503c\u500d\u6570\u53cd\u5f39\u5230\u957f\u671f\u5e73\u5747\u6c34\u5e73\uff0c\u9700\u8981\u660e\u786e\u5229\u7387\uff08\u4ee5\u53ca\u901a\u80c0\uff09\u5c06\u5728\u4f55\u65f6\u7a33\u5b9a\uff0c\u5c24\u5176\u8981\u5224\u65ad\u6700\u574f\u7684\u60c5\u51b5\u4f1a\u5728\u4f55\u65f6\u53d1\u751f\u3002<\/span>\n \u6700\u574f\u7684\u60c5\u51b5\uff08\u4e0e\u5229\u7387\u6709\u5173\uff09\u51fa\u73b0\u4e4b\u524d\uff0c\u5e02\u573a\u5c06\u9762\u4e34\u66f4\u5927\u7684\u6ce2\u52a8\u3002<\/span>\n \u00a0\u53e6\u5916\uff0c\u9700\u8981\u6ce8\u610f\u7684\u662f\uff0c\u7f8e\u56fd 10 \u5e74\u671f\u56fd\u503a\u7684\u5229\u7387\u5df2\u4e0a\u5347\u81f3 3.1%\u3002<\/span>\n <\/section>\n
\n \u76ee\u524d\uff0c\u8f6f\u4ef6\u516c\u53f8\u7684\u57fa\u672c\u9762\u5e76\u6ca1\u6709\u53d7\u5230\u592a\u5927\u7684\u5f71\u54cd\uff0c\u5bf9\u4e8e\u4ee5 6 \u6708\u4efd\u4f5c\u4e3a\u7b2c\u4e8c\u5b63\u5ea6\u672b\u7684\u516c\u53f8\u6765\u8bf4\uff0c\u7b2c\u4e8c\u5b63\u5ea6\u5373\u5c06\u7ed3\u675f\u3002<\/span>\n \u867d\u7136\u6709\u7ecf\u6d4e\u8870\u9000\u7684\u8ff9\u8c61\uff0c\u4f46\u8fd8\u672a\u771f\u6b63\u53d1\u751f\u3002<\/span>\n \u6709\u4f20\u8a00\u4e00\u4e9b\u516c\u53f8\u5c06\u51bb\u7ed3\u9884\u7b97\uff0c\u4f46\u4e8b\u5b9e\u4e0a\u5e76\u6ca1\u6709\u5f88\u591a\u4eba\u771f\u6b63\u5730\u53bb\u5b9e\u65bd\u3002<\/span>\n \u9884\u8ba1\u5728\u63a5\u4e0b\u6765\u7684\u51e0\u4e2a\u6708\u91cc\uff0c\u5c31\u7ecf\u6d4e\u8870\u9000\u5bf9\u8f6f\u4ef6\u57fa\u672c\u9762\u7684\u8ba8\u8bba\u5c06\u4f1a\u6709\u6240\u589e\u52a0\uff0c\u4f46\u8fd9\u4e00\u5207\u53ea\u6709\u7b49\u5230\u7b2c\u4e09\u5b63\u5ea6\u8d22\u62a5\u516c\u793a\u540e\uff0c\u624d\u80fd\u591f\u5bf9\u4f4e\u8ff7\u5e02\u573a\u7684\u8868\u73b0\u6709\u4e00\u4e2a\u6e05\u6670\u5730\u8ba4\u8bc6\uff08\u9274\u4e8e\u7b2c\u4e8c\u5b63\u5ea6\u4f3c\u4e4e\u4e0d\u4f1a\u53d7\u5230\u7ecf\u6d4e\u8870\u9000\u7684\u5f71\u54cd\uff09\u3002<\/span>\n \u4f46\u5982\u679c\u770b\u7b2c\u4e00\u5b63\u5ea6\u8d22\u62a5\uff0c\u5176\u4e2d\u5927\u90e8\u5206\u516c\u53f8\u5bf9\u7b2c\u4e8c\u5b63\u5ea6\u7684\u9884\u671f\u90fd\u76f8\u5f53\u75b2\u8f6f\u3002<\/span>\n \u5728\u7b2c\u4e8c\u5b63\u5ea6\u7684\u9884\u671f\u4e2d\uff0c\u516c\u53f8\u5c06\u589e\u957f\u7684\u4e2d\u4f4d\u6570\u4e0a\u8c03\u4e86 0.7%\u3002<\/span>\n \u4ece\u5386\u53f2\u4e0a\u770b\uff0c\u4e00\u822c\u4f1a\u5c06\u4e2d\u4f4d\u6570\u8c03\u4e3a 2%\uff0c\u56e0\u6b64\uff0c\u75b2\u8f6f\u5176\u5b9e\u662f\u6e05\u6670\u53ef\u89c1\u7684\u3002<\/span>\n <\/section>\n
\n \u603b\u4e4b\uff0c\u4e0d\u786e\u5b9a\u7684\u65f6\u671f\u53ef\u80fd\u4f1a\u6bd4\u8bbe\u60f3\u7684\u8981\u957f\u3002<\/span>\n \u4f18\u79c0\u7684\u8f6f\u4ef6\u4f01\u4e1a\u80fd\u591f\u5728\u7ecf\u6d4e\u8870\u9000\u671f\u95f4\u8868\u73b0\u5f97\u76f8\u5f53\u6709\u5f39\u6027\uff0c\u5982\u679c\u5229\u7387\u4e0d\u8d85\u8fc7 3%\uff0c\u5e02\u573a\u6709\u53ef\u80fd\u5df2\u7ecf\u89e6\u5e95\u4e86\u3002<\/span>\n \u4f46\u662f\uff0c\u6700\u65e9\u8981\u5230\u4eca\u5e74\u5e95\u6216\u660e\u5e74\u521d\u624d\u80fd\u591f\u6709\u6570\u636e\u6765\u201c\u8bc1\u660e\u201d\u8fd9\u4e00\u70b9\u3002<\/span>\n <\/section>\n
\n \n
\n <\/span>\n <\/section>\n
\n
\n
1<\/span> <\/section>\n
\n
\n
\n
\n
\n \n <\/section>\n
\n \n <\/section>\n
\n
\n
\n

\n \n \n \u5b63\u62a5\u6458\u8981<\/span>\n <\/strong>\n <\/span>\n <\/p>\n <\/section>\n <\/section>\n <\/section>\n

\n \n <\/section>\n
\n \n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n
\n \n <\/section>\n
\n \n <\/section>\n
\n
\n
1<\/span> <\/section>\n
\n
\n
\n
\n
\n \n <\/section>\n
\n \n <\/section>\n
\n
\n
\n

\n \n \n \n EV\/NTM \u6536\u5165\u500d\u6570\u524d 10 \u540d<\/span>\n <\/strong>\n <\/span>\n <\/p>\n <\/section>\n <\/section>\n <\/section>\n

\n \n <\/section>\n
\n \n \n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n
\n \n <\/section>\n
\n \n <\/section>\n
\n
\n
1<\/span> <\/section>\n
\n
\n
\n
\n
\n \n <\/section>\n
\n \n <\/section>\n
\n
\n
\n

\n \n \n \u80a1\u4ef7\u53d8\u5316\u524d 10 \u540d<\/strong>\n <\/span>\n \n \n <\/strong>\n <\/p>\n <\/section>\n <\/section>\n <\/section>\n

\n \n <\/section>\n
\n \n \n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n
\n \n \n \n \n <\/span>\n <\/strong>\n <\/span>\n <\/section>\n
\n \n <\/section>\n
\n
\n
1<\/span> <\/section>\n
\n
\n
\n
\n
\n \n <\/section>\n
\n \n <\/section>\n
\n
\n
\n

\n \n \n \u4f30\u503c\u500d\u6570<\/span>\n <\/strong>\n <\/span>\n <\/p>\n <\/section>\n <\/section>\n <\/section>\n

\n \n <\/section>\n
\n \n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n
\n SaaS <\/span>\n \u4f01\u4e1a\u901a\u5e38<\/span>\n \u6309\u7167<\/span>\n \u6536\u5165\u500d\u6570\u8fdb\u884c\u4f30\u503c<\/span>\n \u2014\u2014 \u5927\u591a\u6570\u60c5\u51b5\u4e0b<\/span>\n \u662f<\/span>\n \u672a\u6765<\/span>\n 12 <\/span>\n \u4e2a\u6708\u7684\u9884\u671f\u6536\u5165\u3002<\/span>\n \u4e0b\u9762<\/span>\n \u6570\u636e<\/span>\n \u662f<\/span>\n \u6309\u7167<\/span>\n \u4f01\u4e1a\u4ef7\u503c\uff08\u5e02\u503c<\/span>\n + <\/span>\n \u503a\u52a1 <\/span>\n – <\/span>\n \u73b0\u91d1\uff09<\/span>\n \/ NTM <\/span>\n \u6536\u5165\u6765\u8ba1\u7b97\u7684\u3002<\/span>\n \n <\/section>\n
\n \u603b\u4f53\u7edf\u8ba1\uff1a<\/span>\n <\/section>\n
    \n
  • \n
    \n \u6574\u4f53\u4e2d\u4f4d\u6570\uff1a6.7 \u500d<\/span>\n <\/section>\n <\/li>\n
  • \n
    \n \u524d 5 \u540d\u7684\u4e2d\u4f4d\u6570\uff1a16.3 \u500d<\/span>\n <\/section>\n <\/li>\n
  • \n
    \n 3 \u4e2a\u6708\u7684\u8ddf\u8e2a\u5e73\u5747\u6570\uff1a8 \u500d<\/span>\n <\/section>\n <\/li>\n
  • \n
    \n 1 \u5e74\u671f\u8ffd\u8e2a\u5e73\u5747\u6570\uff1a12.5 \u500d<\/span>\n <\/section>\n <\/li>\n <\/ul>\n
    \n \n \n <\/span>\n <\/section>\n
    \n \n \n <\/span>\n <\/section>\n
    \n \u6309\u589e\u957f\u7387\u8fdb\u884c\u5206\u7c7b\uff1a<\/span>\n \u4e0b\u56fe\u5c06<\/span>\n NTM <\/span>\n \u589e\u957f\u7387\u8d85\u8fc7 <\/span>\n 30% <\/span>\n \u7684\u4f01\u4e1a<\/span>\n \u7edf\u8ba1<\/span>\n \u4e3a\u9ad8\u589e\u957f\u4f01\u4e1a\uff1b<\/span>\n \u589e\u957f\u7387\u5728<\/span>\n 15%-30% <\/span>\n \u671f\u95f4\u7684\u4f01\u4e1a<\/span>\n \u7edf\u8ba1<\/span>\n \u4e3a\u4e2d\u7b49\u589e\u957f\u4f01\u4e1a\uff1b<\/span>\n \u589e\u957f\u7387\u5c0f\u4e8e<\/span>\n 15% <\/span>\n \u7684\u4f01\u4e1a<\/span>\n \u7edf\u8ba1<\/span>\n \u4e3a\u4f4e\u589e\u957f\u4f01\u4e1a\u3002<\/span>\n \n <\/section>\n
      \n
    • \n
      \n \n \u9ad8\u589e\u957f\u4f01\u4e1a\u7684\u4f30\u503c\u500d\u6570\u4e2d\u4f4d\u6570\uff1a8.7 \u500d<\/span>\n <\/strong>\n <\/section>\n <\/li>\n
    • \n
      \n \n \u4e2d\u7b49\u589e\u957f\u4f01\u4e1a\u7684\u4f30\u503c\u500d\u6570\u4e2d\u4f4d\u6570\uff1a6.7 \u500d<\/span>\n <\/strong>\n <\/section>\n <\/li>\n
    • \n
      \n \n \u4f4e\u589e\u957f\u4f01\u4e1a\u7684\u4f30\u503c\u500d\u6570\u4e2d\u4f4d\u6570\uff1a3.6 \u500d<\/span>\n <\/strong>\n \n <\/section>\n <\/li>\n <\/ul>\n
      \n \n \n <\/span>\n <\/section>\n
      \n \n \n <\/span>\n <\/section>\n
      \n \n <\/section>\n
      \n
      \n
      1<\/span> <\/section>\n
      \n
      \n
      \n
      \n
      \n \n <\/section>\n
      \n \n <\/section>\n
      \n
      \n
      \n

      \n \n EV\/NTM \u6536\u5165\u500d\u6570\u4e0e NTM \u6536\u5165\u589e\u957f<\/strong>\n <\/span>\n <\/p>\n <\/section>\n <\/section>\n <\/section>\n

      \n \n <\/section>\n
      \n \n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n
      \n \n \u4e0b\u56fe\u663e\u793a\u4e86\u589e\u957f\u4e0e\u4f30\u503c\u500d\u6570\u7684\u76f8\u5173\u6027\u3002<\/span>\n <\/section>\n
      \n \n <\/section>\n
      \n \n <\/section>\n
      \n
      \n
      1<\/span> <\/section>\n
      \n
      \n
      \n
      \n
      \n \n <\/section>\n
      \n \n <\/section>\n
      \n
      \n
      \n

      \n \n \n \u7ecf<\/span>\n <\/strong>\n \n \u589e\u957f\u8c03\u6574\u540e\u7684 EV\/NTM\u00a0<\/span>\n <\/strong>\n \n \u6536\u5165<\/span>\n <\/strong>\n <\/span>\n <\/p>\n <\/section>\n <\/section>\n <\/section>\n

      \n \n <\/section>\n
      \n \n \n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n
      \n \n <\/section>\n
      \n \n <\/section>\n
      \n
      \n
      1<\/span> <\/section>\n
      \n
      \n
      \n
      \n
      \n \n <\/section>\n
      \n \n <\/section>\n
      \n
      \n
      \n

      \n \n \n \u8fd0\u8425\u6570\u636e<\/span>\n <\/strong>\n <\/span>\n <\/p>\n <\/section>\n <\/section>\n <\/section>\n

      \n \n <\/section>\n
      \n \n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n
        \n
      • \n
        \n NTM \u589e\u957f\u7387\u4e2d\u4f4d\u6570\uff1a25%<\/span>\n <\/section>\n <\/li>\n
      • \n
        \n LTM \u589e\u957f\u7387\u4e2d\u4f4d\u6570\uff1a32%<\/span>\n <\/section>\n <\/li>\n
      • \n
        \n \u5229\u6da6\u7387\u4e2d\u4f4d\u6570\uff1a74%<\/span>\n <\/section>\n <\/li>\n
      • \n
        \n \u8fd0\u8425\u5229\u6da6\u7387\u4e2d\u4f4d\u6570\uff1a-24%<\/span>\n <\/section>\n <\/li>\n
      • \n
        \n FCF Margin \u4e2d\u4f4d\u6570\uff1a3%<\/span>\n <\/section>\n <\/li>\n
      • \n
        \n \u51c0\u7559\u5b58\u7387\uff1a120%<\/span>\n <\/section>\n <\/li>\n
      • \n
        \n CAC Payback \u4e2d\u4f4d\u6570\uff1a32 \u4e2a\u6708<\/span>\n <\/section>\n <\/li>\n
      • \n
        \n S&M \u6536\u5165\u4e2d\u4f4d\u6570\uff1a46%<\/span>\n <\/section>\n <\/li>\n
      • \n
        \n R&D \u6536\u5165\u4e2d\u4f4d\u6570\uff1a27%<\/span>\n <\/section>\n <\/li>\n
      • \n
        \n G&A \u6536\u5165\u4e2d\u4f4d\u6570\uff1a20%<\/span>\n <\/section>\n <\/li>\n <\/ul>\n
        \n \n <\/section>\n
        \n
        \n
        1<\/span> <\/section>\n
        \n
        \n
        \n
        \n
        \n \n <\/section>\n
        \n \n <\/section>\n
        \n
        \n
        \n

        \n \n \u5176\u4ed6\u6307\u6807<\/strong>\n <\/span>\n <\/p>\n <\/section>\n <\/section>\n <\/section>\n

        \n \n <\/section>\n
        \n \n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n <\/section>\n
        \n 40% <\/span>\n \u6cd5\u5219\u7684\u8ba1\u7b97\u516c\u5f0f\u4e3a\uff1a<\/span>\n LTM <\/span>\n \u589e\u957f\u7387 <\/span>\n + LTM FCF <\/span>\n \u5229\u6da6\u7387\u3002<\/span>\n \u00a0<\/span>\n FCF <\/span>\n \u7684\u8ba1\u7b97\u516c\u5f0f\u4e3a\uff1a<\/span>\n \u8fd0\u8425\u73b0\u91d1\u6d41 <\/span>\n – <\/span>\n \u8d44\u672c\u652f\u51fa\u3002<\/span>\n <\/section>\n
        \n \u7ecf\u5229\u7387\u8c03\u6574\u540e\u7684\u6295\u8d44\u56de\u6536\u5468\u671f\u8ba1\u7b97\u516c<\/span>\n \u5f0f\u4e3a\uff1a<\/span>\n \uff08\u4e0a\u4e00\u5b63\u5ea6\u7684<\/span>\n S&M<\/span>\n \uff09<\/span>\n \/<\/span>\n \uff08\u4e0a\u4e00\u5b63\u5ea6\u7684\u51c0\u65b0 <\/span>\n ARR*<\/span>\n \u5229\u6da6\u7387\uff09<\/span>\n *12<\/span>\n \u3002<\/span>\n \u5b83\u8868\u793a\u4e00\u5bb6 <\/span>\n SaaS <\/span>\n \u4f01\u4e1a\u6536\u56de\u5176\u5168\u90e8\u83b7\u5ba2\u6210\u672c\u6240\u9700\u7684\u6708\u6570\u3002<\/span>\n \u5927\u591a\u6570\u4e0a\u5e02\u516c\u53f8\u5e76\u4e0d\u62ab\u9732\u51c0\u65b0<\/span>\n \u589e<\/span>\n \u00a0ARR<\/span>\n \uff0c\u6240\u4ee5\u91c7\u7528\u9690\u542b <\/span>\n ARR <\/span>\n \u6307\u6807\uff08\u5b63\u5ea6\u8ba2\u9605\u6536\u5165 <\/span>\n * 4<\/span>\n \uff09\u3002<\/span>\n \u00a0<\/span>\n \u51c0\u65b0<\/span>\n ARR <\/span>\n \u7684\u516c\u5f0f\u4e3a\uff1a<\/span>\n \u672c\u5b63\u5ea6 <\/span>\n ARR <\/span>\n \u51cf\u53bb\u4e0a\u4e00\u5b63\u5ea6\u7684 <\/span>\n ARR<\/span>\n \u3002<\/span>\n \u6ca1\u6709\u62ab\u9732\u8ba2\u9605\u6536\u5165\u7684\u516c\u53f8\u6807\u4e3a <\/span>\n NA<\/span>\n \u3002<\/span>\n <\/section>\n
        \n \n <\/section>\n
        \n \n <\/section>\n
        \n \n *\u6587\u7ae0\u7ffb\u8bd1\u81ea\uff1ahttps:\/\/cloudedjudgement.substack.com\/\uff0c<\/span><\/em>\u5982\u9700\u539f\u6587\u8bf7\u4e0e\u6211\u4eec\u8054\u7cfb\u3002<\/span>\n <\/em>\n <\/section>\n
        \n \n \u6211\u4eec\u662f\u4ee5\u7b2c\u4e00\u6027\u539f\u7406\u7814\u7a76\u4e3a\u57fa\u7840\u7684\u4e13\u4e1a\u673a\u6784,\u6b22\u8fce\u5173\u6ce8\u548c\u7559\u8a00\u3002<\/span>\n \n <\/span>\n <\/section>\n
        \n \u5fae\u4fe1\u53f7: Alexqjl<\/span>\n <\/section>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

        \u4e4b\u524d\u7f8e\u56fd\u516c\u5e03\u7684 5 \u6708\u4efd CPI \u6570\u636e\u9ad8\u4e8e\u9884\u671f\u3002 \u8fd9\u610f\u5473\u7740\uff0c\u5982\u679c\u901a\u80c0\u7387\u9ad8\u4e8e\u9884\u671f\uff0c\u5229\u7387\u4e5f\u6709\u53ef\u80fd\u9ad8\u4e8e\u9884\u671f\uff0c\u800c\u8fd9\u5c06\u964d […]<\/p>\n","protected":false},"author":1,"featured_media":1031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,8],"tags":[],"_links":{"self":[{"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/posts\/161"}],"collection":[{"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=161"}],"version-history":[{"count":1,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/posts\/161\/revisions"}],"predecessor-version":[{"id":325,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/posts\/161\/revisions\/325"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=\/wp\/v2\/media\/1031"}],"wp:attachment":[{"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=161"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.cloud500.ai\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}