SPIN MASTER TOYS CELEBRATES 20 YEARS OF 'SPINNOVATION'
Published by TechVibes
September 24, 2014
In 1994, Toronto-based entrepreneurs (and best friends since the age of 10) Ronnen Harary and Anton Rabie launched their first toy on the market with a startup budget of just $10,000. The Earth Buddy was a panty-hose-covered head filled with grass seeds that sprouts hair when watered.
The launch was a hit and soon, retailers like Walmart were calling to distribute the toy in their stores. And so, Spin Master was born – with Harary, Rabie and their university friend Ben Varadi at the helm.
Today, the global toy innovator, or “Spinnovator” as the company calls it, enjoys double-digit growth while integrating extensions of many of its toy lines with the creation of entertainment properties, companion applications, games and digital experiences.
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