Hobo Skate Company To Launch At Maloof Money Cup

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• July 07 2009
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With the current economy in shambles, reports of how many people are one paycheck away from being homeless are far too frequent, but it’s not often you hear about skaters attempting to come to the rescue.

Enter Hobo Skate Company. The brainchild of Chad Swensen and Jared Hancock, the company is making decks and apparel to help benefit its Hobo Foundation, designed to help combat homelessness. The company is one of the sponsors of the Maloof Money Cup and will be debuting its gear at the Costa Mesa contest taking place July 10-12.

According to the release:

Hobo Skate Company is the creation of Chad Swensen and Jared Hancock, two successful entrepreneurs with a passion for skateboarding. Both founders have competed in extreme sports. The two founders also created the Hobo Foundation which is funded from the proceeds of Hobo Skate Company. The Hobo Foundation provides help to homeless families who are forced to live on the streets.

“Skateboarding is a culture that was born and thrives on the streets in cities of all sizes around the world,” said Chad Swensen, co-founder of Hobo Skate Company. “Our motto is ‘We share the same streets’ with our growing number of friends who have found hard times. Hobo is a way for skateboarders to combine their passion for the sport and take ownership in an important social cause.”