# Jazwares **Type:** Toy Company / IP Developer **Parent Company:** Berkshire Hathaway (Warren Buffett) **Founded:** 1997 **Headquarters:** Sunrise, Florida **Status:** Active **Key Executive:** Daren Brandman (leadership role) ## Overview Jazwares is a toy and consumer products company that developed Squishmallows into a $1 billion franchise. The company is notable for achieving massive commercial scale through a blank canvas IP strategy that prioritizes aesthetic adaptability and cross-franchise licensing over original narrative development. ## Major Properties **Squishmallows:** $1 billion lifestyle franchise, 485 million units sold by 2025 ## Recognition - **TIME Magazine:** 100 Most Influential Companies 2024 (for Squishmallows) - **Harvard Business Review:** Case study subject for Squishmallows brand strategy ## Timeline - **1997** — Jazwares founded - **2017** — Launched Squishmallows - **2021** — Squishmallows signed with CAA for narrative development - **2024** — Included in TIME's 100 Most Influential Companies - **2025** — Squishmallows reached 485M units sold, $1B franchise status