"VCs won't invest in XuQa," said bizblog alarm:clock about the youth-centered social network site. Well, a little social butterfly just told me that XuQa raised some VC cash (dunno from whom) along with its friends-and-family fundraiser. The grand total? A whopping $300k.

Okay, so Steve Jurvetson spends 300 grand on a power breakfast. This is the tiniest investment since the purchase of Manhattan. But it's that first small step on the long journey to superstar social network. Because XuQa has one killer thing going for it: It's even more fucked up than Myspace.

Earlier: Wouldn't you fund XuQa? [Valleywag]

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