Jeremy Padawer
Photo: RMMoore2012, CC BY-SA 3.0, via Wikimedia Commons21

Jeremy Padawer

American Toy Industry Executive

Jeremy Padawer (born October 26, 1973) is an American businessman, founder, animated television producer, collector, venture capitalist, and broadly recognized toy industry executive and entrepreneur. Padawer is President of Jazwares, a Berkshire Hathaway company.2

From Wikipedia’s article on Jeremy Padawer (this version), CC BY-SA 4.0.

Born Oct 26, 1973.1

About

Prior to selling to Berkshire Hathaway (2022), Padawer's toy company Wicked Cool Toys was acquired by Jazwares and parent company Alleghany Corporation in 2019.

Padawer co-created and executive produced the Nickelodeon animated series Monsuno which ran for 65 episodes from 2012 to 2015.

From Wikipedia’s article on Jeremy Padawer, shared under CC BY-SA 4.0.2

Companies

Early life and education

  • 1988 to 1992Germantown High School3
  • 1992 to 1996University of Texas at Austin Bachelor of Arts; business3
  • 1996 to 1999University of Tennessee Juris Doctor3
  • 1999 to 2001Owen Graduate School of Management Master of Business Administration3

Career

Occupation: lawyer, businessperson, television producer.5

Known for: Monsuno.6

Early career

In 1996, Padawer developed a network of transactional toy and gaming websites. Padawer "gamed" the Yahoo search engine using simple naming strategies. By naming each one of his collectible websites starting with two A's, Padawer's sites would come up first in search. Advertisers included Disney, Onsale.com, and Amazon.com. Most notably, Newsweek followed Padawer's tracking of the plunge in Beanie Baby valuations in 1998–1999 on Padawer's AbsoluteBeanies.com.

Padawer is an early domain name investor. Padawer's sale of www.act.com to Symantec stands as one of the largest domain name transactions in history. Padawer purchased hundreds of generic.com domain names from 1996 to 2000 including his own first name (Jeremy.com), his city (PacificPalisades.com). Padawer utilized direct navigation traffic, aggregating hits for advertising dollars.

In addition, Padawer developed DomainAppraiser.com, a site that advised thousands of domain name holders on valuation (1999–2001), and Schmuck.com, an online monthly with material by amateur humorists and users (1998–2000).

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Toy business

Mattel (2001–2003)

In 2001, Mattel recruited Padawer out of Vanderbilt University's MBA program. Padawer managed Hot Wheels, Nickelodeon brands, and a relaunch of Masters of the Universe.

Jakks Pacific (2003–2013)

In 2003, Padawer moved to Jakks Pacific, where he headed up boys' entertainment brands (2003–2009) before becoming EVP / GM of Jakks Malibu, the largest business unit at Jakks Pacific (2010–2013). Padawer reinvented the WWE toy line and over the next 10 years launched 30+ brands into the mass marketplace, including Pokémon, Dragon Ball Z, Club Penguin, UFC, Neopets, SpongeBob SquarePants, Disney Princess, Winx Club, Nintendo, Disney Fairies, the Rocky franchise, Phineas and Ferb, and more.

Padawer was responsible for brand, marketing, product development, business development, and entertainment content development across all JAKKS Malibu business unit categories.

Wicked Cool Toys / Jazwares (2013–present)

In 2013, Padawer entered into a partnership in start-up Wicked Cool Toys as Co-CEO / President and Partner.

The early years of Wicked Cool Toys focused on A-Level licenses with B-Level categories offering retail incremental margin on top brands like Teenage Mutant Ninja Turtles, WWE, as well as a master toy license for The Wiggles.

In the following years, WCT signed global deals with Wild Kratts (2014), Cabbage Patch Kids as master toy partner (2015), Girl Scouts Activity Oven (2015), and relaunched Teddy Ruxpin (2016).

In May 2017, the Pokémon Company International announced it had become a strategic investor in Wicked Cool Toys and granted Wicked Cool Toys the global Pokémon toy license outside of Asia.

In 2018–2019, WCT signed global licensing partnerships with Microsoft's HALO, All Elite Wrestling, Hasbro's Micro Machines and Cocomelon.

In October 2019, Jazwares, a subsidiary of Alleghany Capital Corporation (Y - NYSE), acquired Wicked Cool Toys.

In April 2020, Jazwares, with Padawer as equity partner, acquired KellyToy which includes the global phenomenon Squishmallows.

The combined company, Jazwares, develops, manufactures, and markets toys and collectibles globally for Squishmallows, Hello Kitty, Pokémon, Fortnite, Roblox, Cocomelon, AEW, HALO, Spiderman and Friends, Five Nights at Freddy's, Spiral Cute brands including Chiicawa, Mofusand and Koupen Chan, as well as Star Wars and Marvel Halloween costumes and dress up, and much more.

In October 2022, Jazwares / Alleghany Capital was acquired by Berkshire Hathaway.

Padawer remained on as Chief Brand Officer, and then President, at Jazwares, a top 5 toy company.

Venture capital

Padawer is an early-stage venture investor, with investments in more than 25 companies in the seed and Series A stages, and has served as an advisor to several early-stage companies, including - WhatNot, Real American Freestyle, Nostalgix Private Brokerage, Treasure Trove, FLOAT Insurance, Audio Media Grading (AMG), Collector Archive Services Grading (CAS), Collectible Ethernity Labs Grading (CEL), Rare Candy, Negosh, BoxUnion, Zigazoo, ArtPics, Good Springs Capital, Moxxie Ventures. Most notably, Padawer participated in Whatnot's Series A financing at a valuation of approximately $90 million; the company was subsequently valued at approximately $20 billion in Series G funding round.

From Wikipedia’s article on Jeremy Padawer (this version), CC BY-SA 4.0.

Personal life

  • BornOct 26, 1973, Germantown7
  • CitizenshipUnited States8
  • ResidenceLos Angeles9

Philanthropy

In 2010, Padawer was inducted into the ToyFare Magazine hall of fame.

Padawer is on the Toy Industry Association Board of Directors (2023), where he serves on the Executive Committee.

Padawer is active at Vanderbilt University where he sits on Vanderbilt University's business school Alumni Board of Directors (2023), and established the annual Jeremy Padawer Scholarship for Entrepreneurial Students.

From Wikipedia’s article on Jeremy Padawer (this version), CC BY-SA 4.0.