SC 13G

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. )*

Geeknet, Inc.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

36846Q203

(CUSIP Number)

February 18, 2011

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     þ Rule 13d-1(c)

     o Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 36846Q203 

1	NAMES OF REPORTING PERSONS TCS Global Equity Master Fund, L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a)   o
	(b)   o
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Cayman Islands
		5	SOLE VOTING POWER
NUMBER OF			353,400
SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			0
EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			353,400
WITH:		8	SHARED DISPOSITIVE POWER
			0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	353,400
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
	o
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	5.6%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	PN

Page 2 of 9

CUSIP No. 36846Q203 

1	NAMES OF REPORTING PERSONS TCS Capital GP, LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a)   o
	(b)   o
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Delaware
		5	SOLE VOTING POWER
NUMBER OF			0
SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			353,400
EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0
WITH:		8	SHARED DISPOSITIVE POWER
			353,400
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	353,400
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
	o
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	5.6%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	OO

Page 3 of 9

CUSIP No. 36846Q203 

1	NAMES OF REPORTING PERSONS TCS Capital Management, LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a)   o
	(b)   o
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Delaware
		5	SOLE VOTING POWER
NUMBER OF			0
SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			353,400
EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0
WITH:		8	SHARED DISPOSITIVE POWER
			353,400
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	353,400
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
	o
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	5.6%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	IA

Page 4 of 9

CUSIP No. 36846Q203 

1	NAMES OF REPORTING PERSONS Eric Semler
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a)   o
	(b)   o
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	United States
		5	SOLE VOTING POWER
NUMBER OF			0
SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			353,400
EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0
WITH:		8	SHARED DISPOSITIVE POWER
			353,400
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	353,400
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
	o
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	5.6%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	IN

Page 5 of 9

SCHEDULE 13G

This Schedule 13G (this “Schedule 13G”) is being filed on behalf of TCS Global Equity Master Fund, L.P., a Cayman Islands exempted limited partnership (“TCS Global”), TCS Capital GP, LLC, a Delaware limited liability company (“TCS GP”), TCS Capital Management, LLC, a Delaware limited liability company (“TCS Management”), and Eric Semler (together with TCS Global, TCS GP and TCS Management, the “Reporting Persons”). This Schedule 13G relates to common stock, par value $0.001 per share (the “Common Stock”) of Geeknet, Inc., a Delaware corporation (the “Issuer”), purchased by Eric Semler, TCS GP and TCS Management for the account of TCS Global. TCS GP acts as general partner to TCS Global and TCS Management acts as investment manager to TCS Global. Mr. Semler, as the managing member of each of TCS GP and TCS Capital, controls the investment decisions of both entities.

Item 1(a)	Name of Issuer.
	Geeknet, Inc.
Item 1(b)	Address of Issuer’s Principal Executive Offices.
	11216 Waples Mill Rd.
	Suite 100
	Fairfax, VA, 22030
Item 2(a)	Name of Person Filing.

(1	)	TCS Global Equity Master Fund, L.P.
(2	)	TCS Capital GP, LLC
(3	)	TCS Capital Management, LLC
(4	)	Eric Semler

Item 2(b)	Address of Principal Business Office, or, if none, Residence.
	For all Filers:
	888 Seventh Avenue, Suite 1504
	New York, NY 10019
Item 2(c)	Citizenship or Place of Organization.

(1	)	TCS Global Equity Master Fund, L.P. is a Cayman Islands exempted limited partnership.
(2	)	TCS Capital GP, LLC is a Delaware limited liability company.
(3	)	TCS Capital Management, LLC is a Delaware limited liability company.
(4	)	Eric Semler is a U.S. citizen.

Item 2(d)	Title of Class of Securities.
	Common stock, par value $0.001 per share.

Page 6 of 9

Item 2(e)	CUSIP Number.
	36846Q203
Item 3	Reporting Person.
	Inapplicable
Item 4	Ownership.

(a)	TCS Global, TCS GP, TCS Management and Eric Semler may be deemed the beneficial owners of 353,400 shares of Common Stock.
(b)	TCS Global, TCS GP, TCS Management and Eric Semler may be deemed the beneficial owners of 5.6% of the outstanding shares of Common Stock. This percentage was determined by dividing 353,400 by 6,273,023, which is the number of shares of Common Stock outstanding as of February 14, 2011, according to the Issuer’s Form 10K filed on February 24, 2011 with the Securities and Exchange Commission.
(c)	TCS Global, TCS GP, TCS Management and Eric Semler have the shared power to vote and dispose of the 353,400 shares of Common Stock beneficially owned.

Item 5	Ownership of Five Percent or Less of a Class.
	Inapplicable
Item 6	Ownership of More Than Five Percent on Behalf of Another Person.
	Inapplicable
Item 7	Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Company.
	Inapplicable
Item 8	Identification and Classification of Members of the Group.
	Inapplicable
Item 9	Notice of Dissolution of Group.
	Inapplicable

Page 7 of 9

Item 10	Certification.
	By signing below, each Reporting Person certifies that, to the best of such Reporting Persons’ knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
Exhibits
	Exhibit 99-1
	Joint Filing Agreement, dated February 28, 2011, among the Reporting Persons.

Page 8 of 9

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 28, 2011

TCS GLOBAL EQUITY MASTER FUND, L.P. By: TCS Capital GP, LLC, general partner
By:		/s/ Eric Semler
Name:		Eric Semler
Title:		Managing Member
TCS CAPITAL GP, LLC
By :		/s/ Eric Semler
Name :		Eric Semler
Title :		Managing Member
TCS CAPITAL MANAGEMENT, LLC
By:		/s/ Eric Semler
Name:		Eric Semler
Title:		Managing Member
ERIC SEMLER
By:	/s/ Eric Semler

Page 9 of 9

EX-99.1

EXHIBIT 99-1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the securities of Geeknet, Inc., and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings.

The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.

This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of February 28, 2011.

TCS GLOBAL EQUITY MASTER FUND, L.P. By: TCS Capital GP, LLC, general partner
By:		/s/ Eric Semler
Name:		Eric Semler
Title:		Managing Member
TCS CAPITAL GP, LLC
By :		/s/ Eric Semler
Name :		Eric Semler
Title :		Managing Member
TCS CAPITAL MANAGEMENT, LLC
By:		/s/ Eric Semler
Name:		Eric Semler
Title:		Managing Member
ERIC SEMLER
By:	/s/ Eric Semler