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Sympathy to those laid off. What an outrage. {nm}

Posted by: TFeeney on Mar 24, 11:27 in response to notfabio's post Gizmodo: Funko decimates their new acquisition Mondo,...

Gizmodo: Funko decimates their new acquisition Mondo, will cease new poster production, lays off key staff. notfabio Mar 24, 10:38

(Gizmodo reported posters would continue, The Wrap follows up and says nope, they're done, only toys and records will survive) notfabio Mar 24, 10:40

Devastating {nm} Moviesnob Mar 24, 11:11

here's the real story: "The company was sold to Fundamental Capital, a private equity firm, in 2013 to raise funds" my mate paul Mar 24, 11:16

Funko disclosed a couple of weeks ago they sent $30 million in unsold inventory to a landfill. notfabio Mar 24, 11:33

Sympathy to those laid off. What an outrage. TFeeney Mar 24, 11:27

Good lord, take a look at FundamentalCapital.com. I'm surprised it doesn't have a dancing baby gif in the corner. {nm} TFeeney Mar 24, 11:29

As a huge print collector.. it's really a huge blow. They were my entry point back in the day and are still the gold standard {nm} MiyazakiFan Mar 24, 11:40

I'd imagine the key staff that were let go will (hopefully) start up their own outfit but getting funding for it right now could be a trick. {nm} notfabio Mar 24, 11:42

Ideal scenario would be Alamo starting it back up again if their finances are in okay shape now. MiyazakiFan Mar 24, 11:50

Alamo is not Alamo anymore {nm} Moviesnob Mar 24, 13:33

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