Venture Capitalism

Who Took Home the Most VC Money This Quarter?

gilt groupe 200x3001 Who Took Home the Most VC Money This Quarter?

Les femmes Gilt.

It’s about that end-of-quarter time and Fortune’s Dan Primack crunched the numbers, following the VC money down the start-up hole. Absent 360buy.com’s $1.5 billion “venture capital” investment–because c’mon–only one local, Made in NYC company made the list. Yup, it’s the same folks whose $270 million in total funding skewed the center of New York’s tech universe further uptown. At this point, we wouldn’t begrudge the city’s other start-ups some empathy with Jan Brady.  (Gilt Groupe! Gilt Groupe! Gilt Groupe!). Gilt’s $138 million commitment last quarter won them the No. 5 slot. Let’s see who their neighbors are . . .

With a last minute $100 million entry, Jack Dorsey’s Square tied for last place with biotech company from Virginia, but theirs was a Series E. Blah blah life sciences, fabless semiconductor, and then onto one of two Chinese companies on the list, Lashou.com, which “has been described as a combination of Groupon and Foursquare (or, perhaps, GrouponLive).” Electric car company Fisker Automotive comes in at No. 6, just below Gilt. And, in case anyone’s wondering why so many entrepreneurs keep building me-too’s, the top two slots both went to Groupon <strike>clones</strike> rivals with $200 million in venture capital a piece for China’s 55tuan.com and LivingSocial.

 

 

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Comments

  1. Anonymous says:

    #soso

    1. Nitasha Tiku says:

      Sosonice? Or soso post?