QuinStreet

QuinStreet, Inc.
Type Public (NASDAQ: QNST)
Industry Performance marketing, media online
Founded Foster City, CA (1999)
Headquarters Foster City, CA, USA
Key people Doug Valenti, Founder & CEO
Revenue $336.8 million
Website http://www.quinstreet.com

QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, CA with satellite offices worldwide. QuinStreet employs a performance-based advertising model with use of search engine marketing strategies to promote clients on Web sites in a number of verticals, including: education, home services, financial services, business-to-business (B2B), medical/health, brand advertising, and career services.

Contents

Background

QuinStreet, Inc. was formed in 1999[1] by Doug Valenti (chairman and CEO).[2] Bronwyn Syiek, another founding team member, is president and COO. The company was first profitable in 2002 with revenues of $13 million; by April 2009, QuinStreet reported $300 million in annual revenues and more than 450 employees.[3][4]

In the beginning of August 2009, QuinStreet Inc. used some of its cash pile to acquire the Internet.com division of Nasdaq-listed WebMediaBrands Inc. for $18 million.[5][6]

In the beginning of the 4th quarter of 2009, QuinStreet purchased Insure.com for $16 million.[7]

QuinStreet's Board of Directors includes Sutter Hill Ventures, and former-US Senator Bill Bradley of Allen & Company.

QuinStreet Inc. went public in February 2010 with an initial public offering of $250 million in common stock, according to a regulatory filing.[8]

Selected properties

Recognition

In February 2006, Nielsen NetRatings named QuinStreet the eighth top advertiser, spending $9.4 million on 1.9 billion ads viewed.[9]

References

  1. ^ http://www.prweb.com/releases/2009/05/prweb2456914.htm
  2. ^ http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=139426
  3. ^ Geron, Tomio (2009-08-18). "QuinStreet Publicly Boasts About Its Earnings". WSJ Blogs (Wall Street Journal). http://blogs.wsj.com/venturecapital/2009/08/18/quinstreet-boasts-publicly-about-its-earnings/. Retrieved 2011-01-05. 
  4. ^ "QuinStreet, Inc.". Company profile from Hoover's. Hoover's. 2011. http://www.hoovers.com/quinstreet/--ID__127055--/free-co-factsheet.xhtml. Retrieved 2011-01-05. 
  5. ^ Ali, Rafat (2009-08-09). "Meckler Selling Internet.com Business to QuinStreet For $18M; Exiting Tech Trade". paidContent. http://paidcontent.org/article/419-meckler-selling-internet.com-business-to-quinstreet-for-18m-exiting-tec. Retrieved 2011-01-05. 
  6. ^ "WebMediaBrands Sells Internet.com to QuinStreet". InternetNews.com (internet.com). 2009-08-10. http://www.internetnews.com/webcontent/article.php/3833856/WebMediaBrands+Sells+Internetcom+to+QuinStreet.htm. Retrieved 2011-01-05. 
  7. ^ QuinStreet buys Insure.com
  8. ^ http://www.google.com/hostednews/ap/article/ALeqM5j4rcnlmZPVaEWU-weez8b1asyanQD9C38FC00
  9. ^ "QuinStreet Marketing Strategy Presentation Burns Bright at DMA06 Conference". Business News » Direct Marketing. industrywatcher.com. 2006-11-06. http://www.industrywatcher.com/business/quinstreet-marketing-strategy-presentation-burns-bright-at-dma06-conference. Retrieved 2011-01-05. 
     • "QuinStreet Marketing Strategy Presentation Burns Bright at DMA06 Conference" (Press release). QuinStreet. 2006-11-06. http://www.prweb.com/releases/2006/11/prweb471778.htm. Retrieved 2011-01-05. 

External links