Berkshire Hathaway does not typically invest in toy companies, but Jazwares arrived in its portfolio through a particular chain of events. Alleghany Capital Corporation first took a stake in Jazwares in 2014 and acquired a majority interest in 2016. Both transactions allowed founder Judd Zebersky to retain control of day-to-day operations. When Berkshire acquired Alleghany […]
Day: April 30, 2026
Judd Zebersky Built Jazwares With Squishmallows at Its Core
When Squishmallows began spreading across TikTok, drawing celebrity fans and generating millions of sales, the brand had already been in Jazwares’ hands for only a short time. Jazwares acquired Kellytoy in 2020, and with it, the rights to the soft, round plush figures with individual names, birthdays, and backstories that would become one of the […]
Justin Fulcher Connects Telemedicine Roots to Defense Technology Work
The distance between co-founding a telemedicine startup in Asia and advising the U.S. Department of Defense on technology modernization might look wide on paper. For Justin Fulcher, the distance is shorter than it appears. Both domains required building systems that earn trust in regulated environments where accountability is not optional. Healthcare as a Starting Point […]