Isaac Larian, the billionaire toy executive behind Bratz, Little Tikes and L.O.L. Surprise! dolls, wants to save Toys R Us.
Larian, the chief executive of toy giant MGA Entertainment, says he and other investors have raised $200 million to acquire parts of the bankrupt retailer. Now they want the public to contribute $800 million through the crowdfunding site Go Fund Me.
The campaign, which runs through May 28, is being pitched as a “historic opportunity to #SaveToysRUs.” Ten hours in, Larian had raised $2,000, mostly in $5 and $10 increments. Just $799,998,000 to go.
You can follow the campaign here.
(c) 2018, The Washington Post · Abha Bhattarai
{Matzav.com}
In other words, he wants you do give him free money to buy the stores which he and his partners (but not you) will then own.
Correct. Now, can we put you down for $100?