With 8 arms, he can take care of all his 8 babies at the same time. He could be over protective of his little ones. One false move and all 8 tentacles will be on ones neck squeezing the daylights out of the unfortunate one. So beware. Don't ever make fun of his 8 little octobabies.
This octopus is at an electronics store in Burbank, California. It's probably about 10' high and placed atop all the display shelves looking angrily at everyone below him.