In the annals of consumer crazes, nothing compares to Beanie Babies With no advertising or big box distribution, creator Ty Warner an eccentric college dropout become a billionaire in just three years And it was all thanks to collectors The end of the craze was just as swift and extremely 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 most extraordinary craze of the 1990s....
|Title||:||The Great Beanie Baby Bubble: The Amazing Story of How America Lost Its Mind Over a Plush Toy-and the Eccentric Genius Behind It|
|Publisher||:||Portfolio Reprint edition March 15, 2016|
|Number of Pages||:||272 pages|
|File Size||:||571 KB|
|Status||:||Available For Download|
|Last checked||:||21 Minutes ago!|
The Great Beanie Baby Bubble: The Amazing Story of How America Lost Its Mind Over a Plush Toy-and the Eccentric Genius Behind It Reviews
This is an excellently researched book detailing the history of Beanie Babies, the unique events that led to the Beanie Baby craze, and the inevitable bust as beanie babies worth hundreds or even thousands of dollars became worthless in a span of a few weeks. The author interviews many important players. The book gives an extensive biography on Ty Warner, the man who created Beanie Babies, and details how his eccentricities and perfectionism helped launch the beanie baby craze. The book talks about the brothers who first gave Ty the idea of "retiring" Beanie Babies, the college student who developed the first Beanie Babies website and wrote the first poems for Beanie Babies, the original collectors who spread the Beanie Baby craze by their calling all over the country & even the world looking for Beanie Babies, and many other tidbits on people who collected Beanie Babies, people who lost all their money on Beanie Babies, and people who worked for or with Ty Warner. Ty Warner's then girlfriend Faith gave the author extensive information on Ty Warner and the inside history of Beanie Babies. The author talks about the history of collections and fads, the unique factors that all came together to cause the Beanie Baby craze, and what caused the end of the craze and the crash of the Beanie Baby market (and why such collecting crazes are unlikely to happen in an internet age.) There is even an interview with one of the few people who still meticulously collect Beanie Babies.
Witnessing the mania during its heyday was confusing to me. Adults buying cute little stuffed toys as an investment strategy made no sense. I could understand a few rare items being of value but we're talking millions of these suckers being horded by people. Mr. Bissonnette's 'The Great Beanie Baby Bubble' does a very good job of explaining how the toy became a fad then turned into insanity. The book is not only a dissection of the phenomenon but also an explanation of how rational people are lured into a quirky greed-fueled social event. There is much to be learned from this quick-reading work.
I thoroughly enjoyed this book. Zac Bissonette put in the time and research to make this a engaging and thoroughly engrossing book on the rise and fall of Ty Warner's widely successful line of "Beanie Products." Complete with many personal interviews of those close to Ty and those greatly affected by it (Collector's, Small Specialty Owners, and more), it makes very interesting and worthwhile look at those who made millions and crashed hard when it all came to a screeching halt. We also to get to see the man behind the Beanies, in a biographical sketch pre-Beanie and (less so) post-Beanie. The only caveat I had, was that it seems to be written especially for those in business (hence "Bubble"), yet it is still completely accessible to the average reader. If you ever had an interest in how people thought that children's products were a "good investment plan" or Beanies helped create eBay (and why eBay helped bring it all to an end), then get this book. If not, you might as well get it anyway if you want something interesting to read that gives a glimpse into some human psychology, some business, and when a toy becomes a commodity over a children's plaything.
I love economics, and have always been fascinated by the psychology of bubbles. I think also because this insanity occured during the course of my adult life, I find this bubble especially interesting. I know more than a few older women that still hold on to their Beanie Baby stash in the hopes that one day the market will return...