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February 2013.

In an office building somewhere in Chaoyang District, Beijing.

Today is the fifth day of the Lunar New Year. It is supposed to be a festive day, but here it is a gloomy and gloomy day.

"It's good to give it to Sohu. We will be Sohu employees from now on..."

"Shh, keep your voice down."

"..."

This is a good thing.

Going to Sohu, both in terms of benefits and job prospects, is better than staying at P Station, a small and medium-sized UGC website with no profitability.

They are happy to hear that the company is about to be acquired by Sohu.

Of course, most people feel exactly the opposite.

The whispers between the two attracted angry looks from many people.

There are only thirty or forty employees at Station P, most of whom have followed Mr. Su from his entrepreneurial days.

They don't want to see the results of the website being mortgaged.

But whether they are willing or unwilling employees, they can only wait for Mr. Su in the office to make a decision.

But Mr. Su has no choice. The website is not making much profit, and the betting agreement will fail in two months.

Xiao Su seemed to have no other choice but to compensate Sohu for his shares in Station P and pay off debts with shares.

In the general manager's office, young Su Xingzhou looked at the piles of information on the table, and he was still a little confused.

Am I reborn?

Su Xingzhou took a moment to confirm the news and clenched his fists to suppress the surging emotions and messy thoughts in his heart.

"Xingzhou, don't force yourself, it's not your fault, and Lao Su won't blame you even if he's under Jiuquan."

Zhong Daqiang sighed, feeling a little distressed seeing Su Xingzhou in this state.

He thought that Su Xingzhou was still sad about Lao Su's sudden death, and tensed up under the pressure that the gambling agreement was about to fail.

Zhong Daqiang didn't want to see Su Xingzhou bear so much pressure at such a young age.

"Uncle Zhong?"

When Su Xingzhou saw a familiar middle-aged face push through the door, he had a clearer understanding of his rebirth.

Zhong Daqiang is his father's childhood friend, the deputy general manager of Station P, and his father's right-hand man.

The relationship between Zhong Daqiang and the Su family goes beyond work. Su Xingzhou knew that Zhong Daqiang regarded him as his own son.

In the last life, after selling the p station, Zhong Daqiang still cared about Su Xingzhou and helped him when he encountered difficulties, working hard and without complaint.

It can be said that there is only one person left in the world that Su Xingzhou can trust, and that is Zhong Daqiang.

"Although he didn't leave any last words before he left, you have to believe that Lao Su only hopes that you can live well."

Zhong Daqiang comforted Su Xingzhou, even though he could not accept the fact that station p was going to be sold.

Site p is a medium-sized UGC (user-generated content) video sharing platform founded by Su Xingzhou’s father in 2008. It is small but sophisticated, highly sticky, and low-cost profitable. It is different from the money-burning copyright sites of giants. It has clear positioning and obvious differentiation.

After gradually growing in size, P Station received 30 million yuan in Series A financing from Sohu in 2010 and transferred 20% of its equity.

At that time, it was a common practice in the industry for video websites to finance and sign gambling contracts.

Station p and Sohu signed a three-year contract with a total revenue of 120 million yuan.

If the target is not reached, P Station needs to repurchase Sohu's equity at the principal + 8% annualized rate.

If you cannot come up with the money to buy back, it will become a debt, and you can only use the remaining shares of station P to pay off the debt.

Typical loan-based support from major Internet companies.

Entering 2013, the video website landscape has begun to take shape.

Although there are almost no profitable video websites at this time, Station P can barely break even and is in the second echelon of video websites.

I have to say that Su Xingzhou is a little genius.

After Su Xingzhou was admitted to Nortel's Directing Department last year, he formed a team to produce short dramas. The p station also added a self-made content section.

It is different from the violent and sentimental show of a certain show, and it is also different from the humor of a homemade comedy.

The content of the short film he and his classmates made was somewhere between the two. The short film contained material in the plot and plot in the material, which attracted many users.

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