Business

2 Detroiters Snag a Shark on 'Shark Tank'

October 22, 2017, 9:10 PM by  Allan Lengel


Steven Mazur (second from right) and Eric Huang (far right).

Not everyone walks away with an investor on ABC's "Shark Tank."

But on a segment aired Sunday, Detroiters Eric Huang and Steven Mazur, co-founders of Ash & Anvil, convinced shark Mark Cuban to invest in their online shirt company. Mazur is five-six and Huang is five-eight. The clothes are for people five-eight or under.

Since the taping, the company has been renamed Ash & Erie and has added pants. Shirts retail for $79 and jeans go for $149.

They offered investors 12.5 percent of the company for $100,000. 

Robert Herjavac was the first shark to drop out. Then Laurie Greiner quit, followed by Daymond John.

That left Cuban and Kevin O'Leary, aka Mr. Wonderful.

Cuban offered $150,000 for 25 percent and demanded an immediate decision.

The  co-owners hesitated, and O'Leary blurted out that he'd give $100,000 for 15 percent.

Cuban then said he was out. But the owners said they'd pick him if he came back in. Cuban begrudgingly did. 

The rest is history -- perhaps a fruitful one. 



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