FuncoLand was an American video game retailer based in Eden Prairie, Minnesota, that specialized in selling new and used video game software. It is considered the first video game retailer to allow consumers to sell and trade used video games. The brand's parent company Funco Inc. was established in the home of David R. Pomije in 1988, initially as a leaser of video games to Minneapolis–Saint Paul video rental shops, and then as a mail-order business specializing in used video games. Upon the success of this venture, Pomije moved the business to a Minneapolis warehouse, and began opening retail outlets nationwide. In May 2000, Funco was acquired by Barnes & Noble for $161.5 million, and was merged with its subsidiary Babbage's to form GameStop in December 2000.