Surfing

Michael Schwab On Action Sports Investing

by The Editors on November 20, 2020

Michael Schwab (son of investment firm founder Charles Schwab) and managing director (and only partner) of Big Sky Partners says he began investing in what he loves at the age of 36, according to an essay posted on CSQ.com. He calls it “adventure capitalism.”

So far his adventure capital investments have included a couple surf resorts, Kelly Slater Wave Co., Travis Rice’s Natural Selection Tour, and Meriwether Companies, the company that is planning a “wellness resort community” around Kelly’s La Quinta, California wave pool called Coral Mountain. This is his explanation:

The shift to investing in sports-related startups is unique because not a lot of large funds have touched it to date. It’s been kind of a fringe idea that has been looked at as dangerous or unapproachable, and I want to make it more mainstream. If you asked most people if they are into action/adventure sports, they would say no. I want to change that. I call what I am doing adventure capitalism. But, like any business, the risk is failure and loss of capital. I am investing alongside friends and family, and we are all passionate about the work and believe in the future of surfing, wellness, and adventure sports.

People who invest using other people’s money always seem to figure out a way to come out ahead on the deal, but seriously, we can’t imagine any of these “investments” returning much more than a few good, fake waves and some heli time. Then again, if Charles Schwab is your dad what kind of return on “adventure” investing do you really need?

[Link: CSQ.com]

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A Paddle Out For Michael Tomson

by The Editors on November 19, 2020

On Saturday, November 14, 2020 a solid crew of surf world dignitaries, friends, and family gathered at Agate Street in Laguna Beach, California to celebrate the life of Gotcha co-founder and creative genius Michael Tomson. Tomson, who died from throat cancer on October 8, 2020, will be remembered for his hard charging, no apologies, grip on life in general and surfing style in particular. For more images of the paddle out from photographer  Jack English, please click the link.

[Link: Sea of Seven]

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Big Old News List For Monday

by The Editors on November 2, 2020

It’s been much too long, and so is this list of news headlines that may or may not resonate with you on a pre-election Monday at the start of the month of November.

Who knows what the future holds, in the meantime, look busy while scrolling this big old list of stories that jumped out at us. Click the jump for more.

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Freestone Remains A Creature of Leisure

by The Editors on October 5, 2020

Contest surfer Jack Freestone has just re-signed with surf hardware company Creatures of Leisure until 2022. And as we all know, having good sponsors during these times is a great thing.

“Having full faith in your equipment is crucial,” says Freestone. “At the end of the day as a surfer that’s something you can’t put a price on. Creatures put more thought and effort than anyone when making sure their leashes, tailpads, and boardcovers do what you need them to. I’m really excited to be continuing on with them into the foreseeable future.”

Or at least for a year and a half. For the official word from Creatures of Leisure, please follow the jump.

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Surfer Magazine Dies A Final Death

by The Editors on October 3, 2020

[Editors’ Note: Okay, just for historicity sake here goes the media story that we hinted we weren’t all that interested in covering because you don’t hold funerals for zombies.]

Today (October 3, 2020) it was announced that the Bible of the Sport of surfing, Surfer Magazine has been shuttered by what remains of American Media Inc. (now called A360 Media). The 60 year old chronicle of the surfing life will live no longer. Longtime Photo Editor Pete Taras said it this way on Instagram:

It’s with great sadness that I write that today was my last day at SURFER. Between Transworld SURF, SURFER, and SURFING, that was half my life. 21 years between the three. It’s really hard for me to put into words right now the feelings. I’m a weepy mess. I taught. I was taught. I cared so much for all the creatives I worked with over the years. We were family. Thank you @fijichili for providing that 16-year old film when I needed it. @chriscote , Marc Hostetter, @the_check_republic and Joel Patterson, you took a chance hiring me as a 23 year old Photo Editor. @eslate you gave me confidence to go full bore with my visual vision. @chatoaganza , you were always the creative guiding light. @jimmicane you always brought the heat! @todprod you taught me patience and professionalism. Lastly, I want to thank my wife @grettygt123 for having to deal with it all through thick and thin. With much love – Peter

Taras (and the rest of the Surfer Magazine staff) were only the first wave of “furloughs.” The employees in the Carlsbad, California offices who survived the first round will reportedly stay on the payroll until November 20, 2020. Then they too will be out of a job. Happy Thanksgiving to them and to you all.

Bike, Snowboarder, and Powder magazines are also being put to rest: RIP. Oh, and David Pecker remains true to his name, one more time.

For those who still read and subscribe to magazines now would be the perfect time to subscribe to The Surfer’s Journal, and/or The Snowboarder’s Journal.

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The Now Monthly List of News Stories

by The Editors on September 14, 2020

Yesterday (September 13, 2020) marked the six month anniversary of the current now. Hard to believe we have been mired in this situation for half of 2020. On the one hand we’re blown away by all the calamity that we’ve been faced with, on the other, we’re thankful for all those oblivious deniers who keep on keeping on like there’s nothing wrong. Kudos to them for showing us that it is entirely possible to live a normal (albeit angry) life with your head firmly mired in the sand and/or up your own butt.

With that out of the way, here’s the news that caught our clicker in the past month (thought we were doing this weekly, but my how time flies). Follow the jump for the whole list.

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Bruce Brown: A Life of Endless Summers

by The Editors on September 7, 2020

Dana Brown, son of the late legendary surf filmmaker Bruce Brown, has a new film that follows one last trip that he took with his dad– a trip to catch up with all his old friends. It’s called A Life of Endless Summers: The Bruce Brown Story. It premiered in Newport Beach at a Drive-in theatre. And it is well worth a watch for fans of The Endless Summer or On Any Sunday. For the rest of the story, click the link.

[Link: Surfline.com]

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ISA Annual Scholarship Applications Open

by The Editors on September 4, 2020

The International Surfing Association (ISA) has opened their annual scholarship program that supports underserved surfers who are 18 and under. Here’s what ISA President Fernando Aguerre says:

“We have always known that our commitment to the global development of surfing goes way beyond competition. The ISA Scholarship Program is a shining example of that commitment, and for me personally, a great source of pride and gratification.. . While relatively small in resources, this program has had a huge impact on the lives of these young people. This program puts into practice our mission of a better world through surfing by fostering education and the joy of surfing.

Know someone who you think could benefit from one of these scholarships? Click here to apply. For the official word from the ISA, please follow the jump.

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Monday Morning Top News Lists

by The Editors on August 17, 2020

Good morning. Welcome to the new week, in the new-new, of the new now, with our same old list of stories. It may seems like each day is the same as the last, but this list of stories will prove that is not the case. Things are happening in the world outside. Some of them are good, many bad, but all of them peaked at least a small slice of our interest. Maybe your’s as well. Follow the jump for all the headlines.

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Joe Curren Responds To GoFund Me Story

by The Editors on August 14, 2020

A surfboard shaper from the East Coast (Paul J. Schmidt) created a gofundme campaign to raise money for legendary surfboard shaper Pat Curren and his wife Mary after meeting them in the Swami’s parking lot in Encinitas, California. You may remember two of Pat’s sons (Tom and Joe). We didn’t post the original gofundme story for all kinds of reasons, none of which is that we don’t want to help surf legends in need. Now, thanks to a post on BeachGrit we learned a little more about the Curren family’s side of the story from Joe Curren. Here’s how he responded on Instagram:

 

 
 
 
 
 
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I’ve been getting a lot of questions and reading stories about a go fund me campaign recently set up for my dad asking for $100,000 to help him with financial issues. Yes, it’s true he’s struggling financially. The truth is, this has been going on for a long time. I speak for all of the Curren family when I say we love and care about my dad very much. My brother Tom and I, my sisters Anna and Malie, my dad’s brothers Mike and Terry and the entire family have all have been quietly trying to help him, doing the best we can, for years and years. It has been challenging and complicated, and we have always run into a major road block. We don’t know the person who started the go fund me. We first heard about the campaign Sunday morning on my dad’s birthday, after it was launched. We were surprised and disappointed that we were not notified about the campaign beforehand. We’ve always respected my dad’s wish to keep this kind of stuff private. Now it’s gone public. Its nice to see the positive statements being made about my dad. It’s sad to see the negative comments being said from people who don’t know the whole story. We hope my dad gets the money, he deserves it.

A post shared by Joe Curren (@joecurren) on

[Link: BeachGrit]

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