įunko: Hollywood in Hollywood, California Funko was listed on the NASDAQ stock exchange on November 2, 2017, but suffered the worst initial public offering of the 21st century, with shares falling by 40 percent and only raising $125 million. Funko opened its new headquarters and 17,000-square-foot (1,600 m 2) flagship store in downtown Everett on August 19, 2017. Funko acquired British toymaker Underground Toys, also its European distributor, in early 2017. īy 2016, it had outgrown its original headquarters in Everett and announced plans to move into a downtown building with more space and a retail store. ACON Investments, LLC announced in late 2015 that it had acquired Funko from Fundamental Capital, LLC, but would keep current staff and the head of company. The company was sold to Fundamental Capital, a private equity firm, in 2013 to raise funds.
By 2012, the company had sold more than $20 million worth of merchandise. In 2011, Funko began selling their Pop! Vinyl line of figurines. In 2005, Becker sold Funko to its current Chief Creative Officer, Brian Mariotti, who moved its offices to Lynnwood, Washington, and significantly expanded the company's licensed product lines. After this, some of the first characters that Funko sold were the Grinch, Tony the Tiger, and Cheerios mascot, the honeybee. The coin banks failed to sell and the franchise filed for bankruptcy protection, but Funko remained in business after licensing the rights to bobbleheads for Austin Powers, which sold 80,000 units. He started the business after failing to find an affordable coin bank of the Big Boy Restaurants mascot, instead licensing the rights to make his own coin banks from a Big Boy franchise in Michigan.
Funko headquarters in Everett, Washingtonįunko was founded in 1998 by toy collector Mike Becker at his home in Snohomish, Washington.
0 kommentar(er)
