BizSugar.com › Raising Capital › Ed Butowsky: QuinStreet Reduces IPO Price 21% as Quattrone Returns

“The IPO market is like a green banana, it is just not ripe right now,” said Ed Butowsky, managing director at Chapwood Capital Investment Management LLC in Addison, Texas. “QuinStreet didn’t work out great for investors. When it trades flat in after-market trading, there is going to be less appetite from investors to buy the next IPO.”