industry performance marketing media online founded 1999 headquarters foster city california usa key people doug valenti founder & ceo revenue 336.8 million number of employees 600 2010 website www.quinstreet.com quinstreet inc. is a publicly traded marketing company based in foster city california . quinstreet uses performance based advertising with search engine marketing strategies to promote clients over the internet . quinstreet was founded in 1999 and has launched or acquired dozens of websites and other media properties . the company was investigated in 2012 by 20 u.s. states for using deceptive marketing tactics to promote for profit schools to u.s. veterans . quinstreet which was not found guilty was fined 2.5 million and made several changes to its practices . contents 1 history 2 deceptive advertising investigation and settlement 3 references 4 external links history edit quinstreet was formed in 1999 by doug valenti chairman and ceo . 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 approximately 450 employees . 1 2 in february 2015 nielsen netratings named quinstreet the eighth top advertiser after education dynamics usa & studentsleads india spending 9.4 million on 1.9 billion ads viewed . 3 quinstreet inc. acquired u.s. citizens for fair credit card terms inc which operated the cardratings.com website in august 2008 for an initial cash payment of 10.4 million . 4 in the beginning of august 2009 quinstreet inc. used some of its cash reserves to acquire the internet.com division of webmediabrands inc. for 18 million . 5 6 in september 2009 quinstreet purchased insure.com for 16 million . 7 the company s other financial services properties include moneyrates.com get rich slowly consumerismcommentary.com and hsh.com . 8 an initial public offering on february 11 2010 raised 150 million with the shares listed on nasdaq under the symbol qnst . 9 in india quinstreet operates indiaeducation.net indiaedunews.net and examresults.net 10 which it acquired in 2011 by incorporating quinstreet india marketing and media private limited qsimm . 11 12 in september 2011 quinstreet acquired the it business edge itbe network of web publications 13 in february 2012 the company acquired the media assets of ziff davis enterprise which included eweek.com cioinsight.com baseline.com channelinsider.com and webbuyersguide.com and others . 14 for its second quarter of fiscal 2013 the company reported total revenue of 71.8 million . adjusted ebitda was 11.2 million or 16 % of revenue . 15 for its fiscal 2016 quinstreet reported total revenue of 297.7 million 16 deceptive advertising investigation and settlement edit in june 2012 the company was under investigation by the attorneys general s offices of 15 separate us states led by the attorney general of kentucky jack conway . 17 the company was accused of targeting military veterans with deceptive recruiting practices for its for profit school clients . 18 quinstreet denied wrongdoing and no determination of guilt was made . 18 the company cooperated with the attorneys general and entered into a voluntary agreement to update its websites to ensure clarity around schools advertising . in addition the company agreed to pay 2.5 million to the states involved as part of a consumer protection settlement with what had expanded to 20 state attorneys general and turn over the website gibill.com to the united states department of veterans affairs to settle the civil investigation . 19 references edit geron tomio 2009 08 18 . quinstreet publicly boasts about its earnings . wsj blogs . wall street journal . retrieved 2011 01 05 . quinstreet inc. . company profile from hoover s. hoover s. 2011 . retrieved 2011 01 05 . quinstreet marketing strategy presentation burns bright at dma06 conference . quinstreet . 2006 11 06 . retrieved 2011 01 05 . sv1 . www.sec.gov . retrieved 2016 09 28 . ali rafat 2009 08 09 . meckler selling internet.com business to quinstreet for 18m ; exiting tech trade . paidcontent . retrieved 2011 01 05 . webmediabrands sells internet.com to quinstreet . internetnews.com . internet.com . 2009 08 10 . retrieved 2011 01 05 . quinstreet buys insure.com . san francisco business times . 2009 10 12 . quinstreet announces acquisition of consumerismcommentary.com . quinstreet . 2011 11 28 . quinstreet inc qnst . ipo record . nasdaq . february 11 2010 . retrieved 2013 10 06 . indiaeducation.com launches free e book series for college students and new graduates . the telegraph . 19 june 2012 . about quinstreet india marketing and media private limited . zauba . retrieved 2014 11 20 . quinstreet is now bringing colleges and students together online in india . quinstreet . quinstreet inc. quinstreet announces acquisition of it business edge . investor.quinstreet.com . retrieved 2016 10 05 . quinstreet acquires ziff davis enterprise media assets . quinstreet . 2012 02 06 . quinstreet reports financial results for its second quarter of fiscal 2013 . globenewswire . 2013 01 29 . edgar pro . yahoo.brand.edgar online.com . retrieved 2016 10 05 . fifteen state attorneys general to investigate company marketing for profit colleges to veterans . thinkprogress . 2012 06 06 . a b quinstreet settles complaints it misled veterans . san francisco chronicle . 2012 06 28 . attorney general conway announces win for veterans against predatory practices . attorney general of kentucky . 2012 06 27 . external links edit official website retrieved from https en.wikipedia.org w index.php title quinstreet & oldid 742670862 categories companies based in foster city californiainternet properties established in 1999 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 5 october 2016 at 02 38 . text is available under the creative commons attribution sharealike license ; 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