MGA Entertainment

“When I came here, my mom borrowed 753 dollars from her brothers, and also gave me a yellow blanket, which I still have, and actually it's hung at MGA's headquarter.”

“And it became the biggest toy ever that we have launched, much bigger than Brad's.”

“Toys R Us cancels five and a half or six million dollars worth of Brad's orders. I thought, now for sure we're gonna go out of business, so I went without my wife's approval, got a second mortgage in our, on our house, and put another one and a half million do…”

“I had to spend 125,000 dollars to make that TV commercial.”

“We give you three percent royalty on the dolls, but you must quit Mattel and come here right away.”

“And we ended up in litigation with Lucasfilm, which I won, but that really put a bad taste in my mouth, and I said, the hell with it. I don't want to work for these entertainment companies. I want to make my own IP.”

“It's a good thing they did that because Bratz is under resurgence and growing again. So on my LinkedIn, I thank them. I thank them for this.”

“I learned from my mistake, from my failure with Nintendo game and watch, and this time I did not buy inventory like crazy. I would sell to retailers on what you call FOBs, free and board, so they had to open a letter of credit and buy it. So they owned the ris…”

“Oh my god, Cohen Emanuel, the law firm that represented, made four hundred and fifty million dollars.”

“When you look at the history of Mattel, they have basically used litigation as a business tool to put competitors out of business.”

“We're not as big as metal, but we are the number one privately held toy company in North America.”

“And Toys R Us came back to us, I think two days before Thanksgiving, said we want to buy that order that we want to buy it back, that order that we canceled. And I said, those goods I don't have anymore, but I have goods in LA, and they cost 25% more, and they…”

“We, MGA owns the largest toy factory in America, in Hudson, Ohio. We employ 700 workers.”

“You know, maybe as big as MGA is, We don't have a bank line. We don't have any investors in here because I did that previously, and the banks and the investors are for you. When it's sunny, when it rains, they all run away.”

“And for every success that we have had 10 failures.”