Funko Pops was founded in 1998 by toy collector Mike Becker at his home in Snohomish, Washington.
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Funko Pops was founded in 1998 by toy collector Mike Becker at his home in Snohomish, Washington.
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Funko Pops 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.
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The coin banks failed to sell and the franchise filed for bankruptcy protection, but Funko Pops remained in business after licensing the rights to bobbleheads for Austin Powers, which sold 80,000 units.
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Funko Pops acquired British toymaker Underground Toys, its European distributor, in early 2017.
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Funko Pops opened its new headquarters and 17,000-square-foot flagship store in downtown Everett on August 19,2017.
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Funko Pops 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.
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Funko Pops has produced thousands of products across dozens of different toy lines since its inception.
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The company's mascot, a recurring character in the Funko Pops franchise, is Freddy Funko Pops, who was introduced in the year of 2002.
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Funko Pops owns Loungefly, a line of collectible mini-bags and purses that feature popular characters and designs from franchises as diverse as Harry Potter, Hello Kitty and even Disney princesses, the latter of which are sold at official Disney stores and parks.
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In February 2019, Funko Pops acquired award winning board game development studio Forrest-Pruzan Creative, including the design studio imprint Prospero Hall, forming Funko Pops Games.
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Funko Pops comes up with an initial design in 24 hours and can have a product from concept to shelf in 70 days.
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