Funko Inc is an American company that manufactures licensed and limited pop culture collectibles, best known for its licensed vinyl figurines and bobbleheads.
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13 Facts About Funko
2.
Funko's first manufactured bobblehead was of the well-known restaurant advertising icon, the Big Boy mascot.
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3.
Funko was founded in 1998 by toy collector Mike Becker at his home in Snohomish, Washington.
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4.
Funko 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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5.
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.
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6.
Funko acquired British toymaker Underground Toys, its European distributor, in early 2017.
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7.
Funko opened its new headquarters and 17, 000-square-foot flagship store in downtown Everett on August 19, 2017.
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8.
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.
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9.
Funko has produced thousands of products across dozens of different toy lines since its inception.
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10.
Funko 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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12.
In February 2019, Funko acquired award winning board game development studio Forrest-Pruzan Creative, including the design studio imprint Prospero Hall, forming Funko Games.
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13.
Funko 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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