{"id":9249,"date":"2011-11-21T00:55:30","date_gmt":"2011-11-21T08:55:30","guid":{"rendered":"https:\/\/blog.btrax.com\/jp\/?p=9249"},"modified":"2025-02-09T09:28:23","modified_gmt":"2025-02-09T00:28:23","slug":"vc-jpn","status":"publish","type":"post","link":"https:\/\/blog.btrax.com\/jp\/vc-jpn\/","title":{"rendered":"\u30b7\u30ea\u30b3\u30f3\u30d0\u30ec\u30fc\u306eVC\u304b\u3089\u65e5\u672c\u306e\u8d77\u696d\u5bb6\u306b\u5bfe\u3057\u3066\u306e\u30a2\u30c9\u30d0\u30a4\u30b9"},"content":{"rendered":"

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\u5168\u304f\u4f55\u3082\u306a\u3044\u6240\u304b\u3089\u59cb\u3081\u308b\u30b9\u30bf\u30fc\u30c8\u30a2\u30c3\u30d7\u306f\u3001\u3069\u308c\u3060\u3051\u591a\u304f\u306e\u4eba\u304b\u3089\u306e\u5354\u529b\u3092\u5f97\u3089\u308c\u308b\u304b\u304c\u52dd\u8ca0\u3002\u5468\u308a\u304b\u3089\u5354\u529b\u3057\u3066\u3042\u3052\u305f\u3044\u3068\u601d\u308f\u305b\u308b\u306e\u304c\u975e\u5e38\u306b\u91cd\u8981\u306b\u306a\u308b\u3002\u63d0\u4f9b\u3059\u308b\u30d7\u30ed\u30c0\u30af\u30c8\u304c\u4f55\u304b\u3057\u3089\u793e\u4f1a\u8ca2\u732e\u306b\u5f79\u7acb\u3064\u306e\u3067\u3042\u308c\u3070\u3001\u8cdb\u540c\u8005\u3092\u5f97\u3089\u308c\u3084\u3059\u304f\u3001\u6210\u529f\u3078\u7d50\u3073\u3064\u304d\u3084\u3059\u304f\u306a\u308b\u3002\u30b9\u30bf\u30fc\u30c8\u6642\u306b\u3001”\u58f2\u308a\u4e0a\u3052\u306eX%\u3092\u4f55\u3005\u306b\u5bc4\u4ed8\u3057\u307e\u3059\uff01”\u3068\u5ba3\u8a00\u3059\u308b\u306e\u3082\u826f\u3044\u3002<\/p>\n

Necessity vs Commodity<\/h3>\n

\u63d0\u4f9b\u3059\u308b\u30b5\u30fc\u30d3\u30b9\u304c\u6d88\u8cbb\u8005\u306b\u3068\u3063\u3066\u3001\u7121\u304f\u3066\u306f\u306a\u3089\u306a\u3044\u3082\u306e(Necessity)\u306a\u306e\u304b\u3001\u6b32\u3057\u3044\u3082\u306e(Commodity)\u306a\u306e\u304b\u3067\u3001\u305d\u306e\u5f8c\u306e\u6210\u529f\u306e\u30b9\u30b1\u30fc\u30eb\u304c\u5909\u308f\u3063\u3066\u304f\u308b\u3002\u3084\u306f\u308a\u3001Necessity\u3068\u307f\u306a\u3055\u308c\u308b\u5546\u54c1\u3084\u30b5\u30fc\u30d3\u30b9\u306f\u5927\u6210\u529f\u3092\u6cbb\u3081\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3002\u3061\u306a\u307f\u306b\u3001\u4eba\u3005\u306b\u3068\u3063\u3066\u5fc5\u8981\u4e0d\u53ef\u6b20\u306a\u306e\u306f\u8863\u98df\u4f4f\u3060\u3051\u3067\u306f\u306a\u304f\u3001Friends\u3084Love\u7b49\u3082\u542b\u307e\u308c\u308b\u3068\u3044\u3046\u3002<\/p>\n

\u65e5\u672c\u3067\u767b\u8a18\u3057\u305f\u5f8c\u3001\u30a2\u30e1\u30ea\u30ab\u306b\u4f1a\u793e\u3092\u79fb\u3059\u306e\u306f\u96e3\u3057\u304f\u306a\u3044<\/h3>\n

\u30b1\u30fc\u30b9\u30d0\u30a4\u30b1\u30fc\u30b9\u3060\u304c\u3001\u4e00\u5ea6\u65e5\u672c\u3067\u6cd5\u4eba\u767b\u8a18\u3092\u3057\u3066\u304b\u3089\u3001\u4f1a\u793e\u3092\u30a2\u30e1\u30ea\u30ab\u306b\u79fb\u3059\u306e\u306f\u305d\u308c\u307b\u3069\u96e3\u3057\u304f\u306f\u7121\u3044\u3002\u65e5\u672c\u306e\u4f1a\u793e\u3092\u5b50\u4f1a\u793e\u306b\u3057\u305f\u308a\u3001\u5438\u53ce\u5408\u4f75\u3059\u308b\u7b49\u3001\u5e7e\u3064\u304b\u65b9\u6cd5\u304c\u3042\u308b\u3002\u30d3\u30b8\u30cd\u30b9\u306e\u5c55\u958b\u30d1\u30bf\u30fc\u30f3\u3084\u30d5\u30a1\u30f3\u30c7\u30a3\u30f3\u30b0\u72b6\u6cc1\u306b\u5408\u308f\u305b\u3066\u81e8\u6a5f\u5fdc\u5909\u306b\u5bfe\u5fdc\u3059\u3079\u3057\u3002<\/p>\n

\u4f1a\u793e\u306f\u201d\u30ab\u30bf\u30c1\u201d\u304c\u91cd\u8981<\/h3>\n

\u30a2\u30e1\u30ea\u30ab\u3067\u4f1a\u793e\u3092\u7d4c\u55b6\u3057\u305f\u4eba\u306f\u6c17\u3065\u304f\u3060\u308d\u3046\u304c\u3001\u6cd5\u52d9\u3084\u8ca1\u52d9\u306b\u95a2\u3059\u308b\u8cc7\u6599\u4f5c\u308a\u304b\u3089\u3001\u793e\u5185\u5916\u7d44\u7e54\u4f5c\u308a\u307e\u3067\u3001\u7d30\u304b\u306a\u4f1a\u793e\u306e”\u30ab\u30bf\u30c1”\u3001\u82f1\u8a9e\u3067\u8a00\u3046\u3068Formality\u306f\u975e\u5e38\u306b\u91cd\u8981\u3002\u3053\u308c\u304c\u304a\u308d\u305d\u304b\u306b\u306a\u308b\u3068\u3001\u601d\u308f\u306c\u6240\u3067\u75db\u3044\u76ee\u306b\u3042\u3046\u4e8b\u3082\u3002\u4f01\u696d\u306f\u5916\u304b\u3089\u3082\u4e2d\u304b\u3089\u3082\u30ad\u30ec\u30a4\u306b\u69cb\u7bc9\u3059\u3079\u304d\u3067\u3042\u308b\u3002<\/p>\n

CEO\u306e\u4ed5\u4e8b\u306f\u30d7\u30ed\u30c0\u30af\u30c8\u3092\u9032\u3081\u308b\u4e8b\u3002\u305d\u306e\u4ed6\u5f79\u54e1\u306e\u4ed5\u4e8b\u306f\u7d44\u7e54\u4f5c\u308a\u3068\u8cc7\u91d1\u8abf\u9054<\/h3>\n

\u30b9\u30bf\u30fc\u30c8\u30a2\u30c3\u30d7\u306f\u3001\u3064\u3044CEO\u304c\u5168\u3066\u3092\u884c\u3063\u3066\u3057\u307e\u3046\u30b1\u30fc\u30b9\u304c\u591a\u3044\u304c\u3001\u5c11\u3057\u3067\u3082\u65e9\u304fCEO\u304c\u30d7\u30ed\u30c0\u30af\u30c8\u4f5c\u308a\u3068\u305d\u306e\u666e\u53ca\u306b\u5c02\u5ff5\u51fa\u6765\u308b\u7d44\u7e54\u4f5c\u308a\u3092\u884c\u3046\u3079\u304d\u3002\u305d\u306e\u70ba\u306b\u306f\u3001\u512a\u79c0\u306a\u4eba\u6750\u3092\u5f79\u54e1\u3068\u3057\u3066\u63a1\u7528\u3057\u3001COO\u306b\u3088\u308b\u793e\u5185\u5916\u306e\u7d44\u7e54\u4f5c\u308a\u3084\u3001CFO\u306b\u3088\u308b\u8cc7\u91d1\u8abf\u9054\u7b49\u306e\u5f79\u5272\u5206\u62c5\u3092\u884c\u3046\u3002<\/p>\n

\u5f79\u54e1\u306e\u5831\u916c2\u306b\u5bfe\u3057\u30a2\u30c9\u30d0\u30a4\u30b6\u30fc\u306e\u5831\u916c\u306f1\u304c\u76ee\u5b89<\/h3>\n

\u3088\u308a\u591a\u304f\u306e\u512a\u79c0\u306a\u30a2\u30c9\u30d0\u30a4\u30b6\u30fc\u3092\u96c6\u3081\u308b\u306e\u3082\u975e\u5e38\u306b\u91cd\u8981\u3067\u3042\u308b\u304c\u3001\u305d\u306e\u969b\u306e\u30a2\u30c9\u30d0\u30a4\u30b6\u30fc\u306b\u5bfe\u3059\u308b\u5831\u916c\u306f\u3001\u5f79\u54e1\u306e1\/2\u304c\u76ee\u5b89\u3068\u306a\u308b\u3002\u3053\u308c\u306f\u73fe\u91d1\u3067\u306f\u306a\u304f\u30b9\u30c8\u30c3\u30af\u30aa\u30d7\u30b7\u30e7\u30f3\u7b49\u3067\u3082OK. \u306a\u304a\u3001\u4e0a\u5834\u5f8c\u306f\u30b9\u30c8\u30c3\u30af\u30aa\u30d7\u30b7\u30e7\u30f3\u306f\u4f7f\u3048\u306a\u304f\u306a\u308b\u306e\u3067\u3001\u5f15\u304d\u7d9a\u304d\u5fc5\u8981\u306a\u5834\u5408\u306f\u3001\u304d\u3063\u3061\u308a\u3068\u73fe\u91d1\u3092\u652f\u6255\u3046\u4e8b\u306b\u306a\u308b\u3002<\/p>\n

\u7279\u8a31\u306f\u3068\u3066\u3082\u5927\u5207<\/h3>\n

\u3053\u308c\u3082\u307b\u307c\u5168\u3066\u306e\u51fa\u5834\u8005\u306e\u65b9\u3005\u306b\u30a2\u30c9\u30d0\u30a4\u30b9\u3057\u3066\u3044\u305f\u30dd\u30a4\u30f3\u30c8\u3002\u8cc7\u91d1\u8abf\u9054\u3084\u30d0\u30a4\u30a2\u30a6\u30c8\u3001\u305d\u3057\u3066\u4f1a\u793e\u306e\u7af6\u4e89\u529b\u3092\u9ad8\u3081\u308b\u70ba\u306b\u306f\u3001\u53d6\u5f97\u3057\u3066\u308b\u7279\u8a31\u306e\u7a2e\u985e\u3068\u6570\u304c\u975e\u5e38\u306b\u91cd\u8981\u306b\u306a\u3063\u3066\u304f\u308b\u3002\u65e5\u672c\u3067\u306f\u306a\u304b\u306a\u304b\u53d6\u308a\u306b\u304f\u3044\u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb\u7279\u8a31\u3082\u3001\u30a2\u30e1\u30ea\u30ab\u3060\u3068\u5c02\u9580\u306e\u5f01\u8b77\u58eb\u306b\u983c\u3081\u3070\u53d6\u308a\u3084\u3059\u3044\u3002\u7279\u8a31\u3092\u6301\u3063\u3066\u3044\u308b\u3060\u3051\u3067\u3082\u3001\u6295\u8cc7\u5bb6\u3068\u306e\u9762\u8ac7\u306e\u969b\u306e\u5e0c\u671b\u51fa\u8cc7\u91d1\u984d\u304c\u683c\u6bb5\u306b\u5909\u308f\u3063\u3066\u304f\u308b\u3002<\/p>\n

\u4eba\u9593\u306f\u611f\u899a\u3067\u52d5\u304f\u3001\u5fc3\u7406\u6226\u306f\u975e\u5e38\u306b\u52b9\u679c\u7684<\/h3>\n

\u6295\u8cc7\u5bb6\u3078\u306e\u30d4\u30c3\u30c1\u3084\u3001\u30a8\u30af\u30b8\u30c3\u30c8\u306e\u969b\u306e\u30cd\u30b4\u30b7\u30a8\u30fc\u30b7\u30e7\u30f3\u7b49\u3067\u5fc3\u306b\u97ff\u304f\u30d7\u30ec\u30bc\u30f3\u3092\u63d0\u4f9b\u51fa\u6765\u308b\u304b\u3069\u3046\u304b\u306f\u975e\u5e38\u306b\u91cd\u8981\u3002\u76f8\u624b\u304c\u3069\u3093\u306a\u306b\u512a\u79c0\u3067\u5927\u7269\u3060\u3063\u305f\u3068\u3057\u3066\u3082\u3001\u6700\u7d42\u7684\u306b\u306f\u5fc3\u7406\u6226\u306b\u306a\u308b\u3002\u7279\u8a31\u306e\u6570\u3084\u3001\u5177\u4f53\u7684\u306a\u6570\u5b57\u3001\u4f1a\u793e\u306e\u5927\u304d\u306a\u30d3\u30b8\u30e7\u30f3\u3001\u30a2\u30c9\u30d0\u30a4\u30b6\u30fc\u306e\u540d\u524d\u306a\u3069\u3001\u898b\u305f\u76ee\u306b\u97ff\u304f\u8981\u7d20\u3092\u63d0\u793a\u51fa\u6765\u308b\u304b\u304c\u5927\u5207\u3002<\/p>\n

\u5404\u6295\u8cc7\u5143\u3078\u306e\u30a8\u30af\u30a4\u30c6\u30a3\u306f\u6700\u592720%\u3092\u76ee\u51e6\u306b\u3059\u308b<\/h3>\n

\u30a8\u30f3\u30b8\u30a7\u30eb\u3084VC\u304b\u3089\u6295\u8cc7\u3092\u53d7\u3051\u308b\u969b\u306f\u3001\u305d\u306e\u30dc\u30ea\u30e5\u30fc\u30e0\u3092\u5fc5\u305a\u4f1a\u793e\u306e20%\u4ee5\u4e0b\u306b\u6291\u3048\u308b\u4e8b\u3002\u305d\u308c\u4ee5\u4e0a\u306e\u914d\u5206\u306b\u306a\u3063\u3066\u3057\u307e\u3046\u3068\u3001\u5c06\u6765\u7684\u306b\u69d8\u3005\u306a\u7406\u7531\u3067\u4f1a\u793e\u304c\u4e0d\u5229\u306a\u7acb\u5834\u306b\u306a\u308b\u3002\u201d\u3069\u3046\u3057\u3066\u3082\u201d\u3068\u3044\u3046\u6642\u3067\u3082\u300123%\u4ee5\u4e0a\u306f\u5272\u308a\u5f53\u3066\u306a\u3044\u3002<\/p>\n

\u7acb\u3061\u4e0a\u3052\u6642 \u5bfe \u30a8\u30af\u30b8\u30c3\u30c8\u6642\u306e\u5e0c\u8584\u5316\u7387\u306f\u7d0460%<\/h3>\n

\u4f1a\u793e\u3092\u7acb\u3061\u4e0a\u3052\u305f\u969b\u306b\u5272\u308a\u5f53\u3066\u3089\u308c\u305f\u682a\u5f0f\u306f\u305d\u306e\u5f8c\u3001\u8ffd\u52a0\u51fa\u8cc7\u7b49\u3067\u5e0c\u8584\u5316\u3055\u308c\u3001\u30a8\u30af\u30b8\u30c3\u30c8\u6642\u306b\u306f\u76ee\u6e1b\u308a\u3057\u3066\u3057\u307e\u3046\u3002\u3053\u308c\u3092\u82f1\u8a9e\u3067Dilution\u3068\u547c\u3076\u304c\u3001\u305d\u306e\u969b\u306eDilution Rate (\u5e0c\u8584\u5316\u7387)\u306f\u7d0460%\u304c\u76ee\u5b89\u3068\u306a\u308b\u3002\u4f8b\u3048\u3070\u3001\u7acb\u3061\u4e0a\u3052\u6642\u306b\u4f1a\u793e\u306e10%\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\u5834\u5408\u306f\u3001\u30a8\u30af\u30b8\u30c3\u30c8\u6642\u306b\u306f6%\u306b\u76ee\u6e1b\u308a\u3059\u308b\u3002\u306a\u304a\u3001\u4f1a\u793e\u306b\u3088\u3063\u3066\u5927\u304d\u304f\u9055\u3044\u304c\u3042\u308b\u5834\u5408\u3082\u3042\u308b\u306e\u3067\u3001\u3054\u6ce8\u610f\u3002<\/p>\n

\u4f1a\u793e\u7acb\u3061\u4e0a\u3052\u76f4\u5f8c\u306bM&A\u3092\u8003\u3048\u308b<\/h3>\n

\u4f1a\u793e\u306e\u30a8\u30af\u30b8\u30c3\u30c8\u3092\u30d0\u30a4\u30a2\u30a6\u30c8\u3068\u8a2d\u5b9a\u3057\u3066\u3044\u308b\u5834\u5408\u306f\u3001\u30d7\u30ed\u30c0\u30af\u30c8\u30ea\u30ea\u30fc\u30b9\u304c\u3055\u308c\u308b\u968f\u5206\u524d\u3084\u3001\u5834\u5408\u306b\u3088\u3063\u3066\u306f\u4f1a\u793e\u306e\u7acb\u3061\u4e0a\u3052\u76f4\u5f8c\u304b\u3089M&A\u6d3b\u52d5\u3092\u958b\u59cb\u3059\u308b\u306e\u304c\u826f\u3044\u3002\u305d\u308c\u306b\u3088\u308a\u3001\u76ee\u6a19\u3068\u3059\u308b\u30d0\u30a4\u30a2\u30a6\u30c8\u5148\u304c\u3069\u306e\u3088\u3046\u306a\u30d7\u30ed\u30c0\u30af\u30c8\u306b\u8208\u5473\u304c\u3042\u308b\u304b\u3092\u77e5\u308b\u4e8b\u304c\u51fa\u6765\u3001\u5546\u54c1\u958b\u767a\u306b\u6709\u5229\u306b\u50cd\u304f\u3002\u305d\u306e\u3088\u3046\u306a\u30b1\u30fc\u30b9\u306f\u3001\u5927\u304d\u306a\u4f01\u696d\u306eM&A\u62c5\u5f53\u8005\u3068\u77e5\u308a\u5408\u3044\u306b\u306a\u3063\u3066\u304a\u304f\u306e\u306f\u975e\u5e38\u306b\u91cd\u8981\u306a\u30dd\u30a4\u30f3\u30c8\u3002<\/p>\n

\u30d0\u30a4\u30a2\u30a6\u30c8\u5411\u3051\u306eCEO\u306f\u3001\u80cc\u304c\u9ad8\u304f\u3001\u9854\u304c\u826f\u304f\u3001\u8a71\u304c\u4e0a\u624b\u3044\u4eba\u3092<\/h3>\n

\u5b9f\u969b\u306b\u30a8\u30af\u30b8\u30c3\u30c8\u304c\u898b\u3048\u3066\u6765\u305f\u969b\u306b\u306f\u3001\u305d\u308c\u3092\u672c\u8077\u3068\u3057\u3066\u308b\u4eba\u9593\u3092CEO\u3068\u3057\u3066\u96c7\u3046\u306e\u3082\u30bb\u30aa\u30ea\u30fc\u3002\u3053\u306e\u8fba\u3060\u3068\u3001\u4f1a\u793e\u306e\u30d0\u30a4\u30a2\u30a6\u30c8\u3092\u8acb\u3051\u8ca0\u3046\u5c02\u9580\u5bb6\u304c\u6ca2\u5c71\u5c45\u308b\u3002\u591a\u304f\u306e\u5834\u5408\u5f7c\u3089\u306f\u80cc\u304c\u9ad8\u304f\u3001\u9854\u304c\u826f\u304f\u3001\u8a71\u304c\u4e0a\u624b\u3044\u3002\u305d\u308c\u306b\u3088\u308a\u8cb7\u53ce\u984d\u304c\u4f55\u500d\u306b\u306a\u308b\u4e8b\u3082\u3042\u308b\u3068\u3044\u3046\u3002<\/p>\n

\u30a4\u30e1\u30fc\u30b8\u4f5c\u308a\u306e\u70ba\u306eMBA\u4e2d\u9000?<\/h3>\n

\u6700\u8fd1\u306e\u30b9\u30bf\u30fc\u30c8\u30a2\u30c3\u30d7CEO\u306e”\u306f\u3084\u308a”\u306fMBA\u4e2d\u9000\u3002\u51fa\u5834\u8005\u304b\u3089\u306e\u3001”\u3084\u3063\u3071\u30a2\u30e1\u30ea\u30ab\u3067MBA\u3068\u304b\u884c\u3063\u305f\u65b9\u304c\u3044\u3044\u3067\u3059\u304b\u306d\uff1f”\u306e\u8cea\u554f\u306b\u5bfe\u3057\u3001”\u521d\u3081\u306f\u901a\u3044\u59cb\u3081\u3066\u3001\u4f1a\u793e\u304c\u3046\u307e\u304f\u884c\u304d\u305d\u3046\u306b\u306a\u3063\u305f\u3089\u30c9\u30ed\u30c3\u30d7\u30a2\u30a6\u30c8\u3057\u305f\u3089\uff1f\u826f\u3044\u30a4\u30e1\u30fc\u30b8\u4f5c\u308a\u306b\u306a\u308b\u3093\u3058\u3083\u306a\u3044\u306e\uff1f”\u3068Anis.\u00a0 \u5b9f\u306b\u3001\u30a2\u30e1\u30ea\u30ab\u3067\u6210\u529f\u3057\u3066\u540d\u304c\u77e5\u3089\u308c\u3066\u3044\u308b\u591a\u304f\u306eCEO\u306f\u3001\u306a\u305c\u304bMBA\u3084\u5927\u5b66\u3092\u4e2d\u9000\u3057\u3066\u3044\u308b\u3002\u5927\u80c6\u306a\u884c\u52d5\u529b\u3067\u3001\u3042\u308b\u610f\u5473\u30cf\u30af\u304c\u4ed8\u304f\u306e\u304b\u3082\u3002<\/p>\n

\u4eca\u56de\u3001\u3053\u308c\u304b\u3089\u4e16\u754c\u3067\u6d3b\u8e8d\u3059\u308b\u3067\u3042\u308d\u3046\u65e5\u672c\u306e\u8d77\u696d\u5bb6\u9054\u306b\u5bfe\u3057\u3066\u3001\u5177\u4f53\u7684\u4e14\u3064\u5f79\u7acb\u3064\u30a2\u30c9\u30d0\u30a4\u30b9\u3092\u5b8c\u5168\u306a\u308b\u597d\u610f\u3067\u63d0\u4f9b\u3057\u3066\u304f\u308c\u305fAnis\u306b\u306f\u3068\u3066\u3082\u611f\u8b1d\u3057\u3066\u3044\u308b\u3002\u3061\u306a\u307f\u306b\u30a2\u30c9\u30d0\u30a4\u30b9\u3092\u53d7\u3051\u305f\u4f55\u4eba\u304b\u306f\u3001\u300c\u81ea\u5206\u306e\u4f1a\u793e\u306b\u3053\u3093\u306a\u306b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u306f\u77e5\u308a\u307e\u305b\u3093\u3067\u3057\u305f\u3002\u3081\u3063\u3061\u3083\u30c6\u30f3\u30b7\u30e7\u30f3\u4e0a\u304c\u308a\u307e\u3057\u305f\u3002\u300d\u3068\u8a00\u3063\u3066\u3044\u305f\u3002\u3053\u308c\u304b\u3089\u3082\u5f7c\u3068\u5354\u529b\u3057\u3001\u5c11\u3057\u3067\u3082\u7d50\u679c\u306b\u7e4b\u304c\u308b\u30b9\u30bf\u30fc\u30c8\u30a2\u30c3\u30d7\u652f\u63f4\u304c\u63d0\u4f9b\u51fa\u6765\u308c\u3070\u3068\u601d\u3046\u3002\u306a\u304a\u3001\u5f7c\u306f\u4eca\u6708\u672b\u306b\u958b\u50ac\u3055\u308c\u308bTechCrunch Tokyo 2011<\/a>\u306e\u30a4\u30d9\u30f3\u30c8\u306b\u3066\u30e2\u30c7\u30ec\u30fc\u30bf\u30fc\u3092\u52d9\u3081\u308b\u4e88\u5b9a\u306a\u306e\u3067\u3001\u3054\u8208\u5473\u306e\u3042\u308b\u4eba\u306f\u662f\u975e\u4f1a\u3063\u3066\u307f\u308b\u3068\u826f\u3044\u3068\u601d\u3046\u3002<\/p>\n

 <\/p>\n

\u7b46\u8005: Brandon K. Hill<\/a> \/ CEO, btrax, Inc.<\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

\u5148\u65e5\u958b\u50ac\u3055\u308c\u305fJapan Night\u306e\u51fa\u5834\u30c1\u30fc\u30e0\u306b\u5bfe\u3057\u3066\u3001\u30a4\u30d9\u30f3\u30c8\u7fcc\u65e5\u306b\u30b7\u30ea\u30b3\u30f3\u30d0\u30ec\u30fc\u3067\u6d3b\u8e8d\u3059\u308bVC\u306e\u65b9\u304b\u3089\u500b\u5225\u306b\u30a2\u30c9\u30d0\u30a4\u30b9\u3092\u3082\u3089\u3046\u305f\u3081\u306e\u9762\u8ac7\u3092\u884c\u3063\u305f\u3002 \u3053\u306e\u30bb\u30c3\u30b7\u30e7\u30f3\u306f\u3001\u30b5\u30f3\u30d5\u30e9\u30f3\u30b7\u30b9\u30b3SOMA\u5730\u533a\u306b\u3042\u308bbtrax\u30aa\u30d5 […]<\/p>\n","protected":false},"author":3,"featured_media":35934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[229],"tags":[202,208,192],"class_list":["post-9249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-innovation","tag-vc","tag-208","tag-192"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.btrax.com\/jp\/wp-json\/wp\/v2\/posts\/9249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.btrax.com\/jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.btrax.com\/jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.btrax.com\/jp\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.btrax.com\/jp\/wp-json\/wp\/v2\/comments?post=9249"}],"version-history":[{"count":6,"href":"https:\/\/blog.btrax.com\/jp\/wp-json\/wp\/v2\/posts\/9249\/revisions"}],"predecessor-version":[{"id":69927,"href":"https:\/\/blog.btrax.com\/jp\/wp-json\/wp\/v2\/posts\/9249\/revisions\/69927"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.btrax.com\/jp\/wp-json\/wp\/v2\/media\/35934"}],"wp:attachment":[{"href":"https:\/\/blog.btrax.com\/jp\/wp-json\/wp\/v2\/media?parent=9249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.btrax.com\/jp\/wp-json\/wp\/v2\/categories?post=9249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.btrax.com\/jp\/wp-json\/wp\/v2\/tags?post=9249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}