My First Million How this dumb doll makes $2M per day
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Jul 9, 2025 Discover how the LaBooBoo doll skyrocketed from obscurity to a $44 billion toy sensation, driven by clever marketing and social media hype. Delve into the psychology behind collectible crazes like these and how nostalgia fuels demand. Explore inspiring business stories that tackle ethical issues, like a chocolate brand's commitment to social responsibility, and witness the resilience of individuals across different backgrounds. Finally, reflect on the search for fulfillment beyond financial success and the complexities of modern parenthood.
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Labubu Dolls Viral Success
- Pop Mart's Labubu dolls became a $44 billion company phenomenon, boosted by celebrity endorsements.
- Their unique "ugly cute" design and attachable ring made them viral luxury accessories.
Lollapalooza Effect Behind Labubu
- LaBubu's popularity is driven by multiple psychological effects combining at once.
- Lipstick effect, kidult trend, status symbol appeal, and ugly cute design created a powerful viral cocktail.
Short Pop Mart Stock Later
- Consider shorting Pop Mart stock starting around late 2026.
- Toy craze stocks usually peak around two to three years then crash dramatically.
