A bestselling journalist delivers the never-before-told story of the plush animal craze that became the tulip mania of the 1990s In the annals of consumer crazes, nothing compares to Beanie Babies. In just three years, collectors who saw the toys as a means of speculation made creator Ty Warner, an eccentric college dropout, a billionaire—without advertising or big-box distribution. Beanie Babies were ten percent of eBay’s sales in its early days, with an average selling price of $30—six times the retail price. At the peak of the bubble in 1999, Warner reported a personal income of $662 million—more than Hasbro and Mattel combined. The end of the craze was swift and devastating, with “rare” Beanie Babies deemed worthless as quickly as they’d once been deemed priceless. Bissonnette draws on hundreds of interviews (including a visit to a man who lives with his 40,000 Ty products and an in-prison interview with a guy who killed a coworker over a Beanie Baby debt) for the first book on the strangest speculative mania of all time.Learn More
- Only $12.99/month gets you 1 Credit/month
- Cancel anytime
- Hate a book? Then we do too, and we'll exchange it.
A Barnes & Noble Editor’s Recommendation
A BookPage Top Pick in March 2015 for Business
|Available Formats :||Digital Download|
|Category:||Nonfiction/Business & Economics|
To listen to this title you will need our latest app
Due to publishing rights this title requires DRM and can only be listened to in the Downpour app
DRM (Digital Rights Management) is a copyright protection for digital media. While much of Downpour’s content is DRM free, and allows for usage across platforms, select products on Downpour are required by publishers to have DRM protected files. These products will be playable exclusively on the Downpour.com apps, available for iOS and Android devices.