ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

'Shark Tank' contestants convince Mark Cuban to close $150,000 deal after he initially rejected them

Mark Cuban pressed for an instant yes, but the entrepreneurs waited to hear other Sharks’ offers, and it turned him off.
PUBLISHED AUG 11, 2025
Screenshots showing Mark Cuban and the entrepreneurs on "Shark Tank" (Cover image source: YouTube | Shark Tank Global)
Screenshots showing Mark Cuban and the entrepreneurs on "Shark Tank" (Cover image source: YouTube | Shark Tank Global)

Mark Cuban is usually quite steadfast when it comes to his role on "Shark Tank." If he says no to offering a deal, the chances of him coming back and making that same deal are as slim as it gets. Yet that is exactly what he did in an earlier episode of the show. The Shark was impressed by the product and believed the entrepreneurs had decent margins, but he did not have a lot of patience.

The entrepreneurs were Steven Mazur and Eric Huang, and they sought $100,000 for a 12.5% stake in their company, Ash & Anvil. It is a clothing brand that sells specialized clothes for customers under the height of 5’8”. That’s what the entrepreneurs considered to be short, at least by American standards. Both of them were short and believed that mainstream shirts did not suit shorter men, as the clothes would often look baggy.

Of course, one could shop at the kids' section if they wanted smaller clothes, but no one wants to have that embarrassing experience. Ash & Anvil’s shirts are designed specifically for shorter men who like to wear their shirts without tucking them in. These shirts are suited for the 5’8” and under height range and would not look baggy. It was something that one doesn’t know they need until they’re shown.

Screenshot showing the shirts. (Image credit: YouTube | Shark Tank Global)
Screenshot showing the shirts. (Image source: YouTube | Shark Tank Global)

The entrepreneurs argued that there were clothing sections for women with different body types, but for men, the only specialized clothing products were for those who are taller and bigger than the rest. The clothing market for shorter men seemed to have a vacuum. That’s what the entrepreneurs hoped to fill. Within nine months of launching, they recorded $130,000 in sales and sold out twice. It was not a huge figure, but for such a new company, it seemed good enough.

Getting an offer was tough, though. Robert Herjavec was the first to back out of offering a deal, as he did not believe he would be the right investor for this type of clothing. Lori Grenier also did not believe that she would be the right fit. Daymond John, who is not very tall himself, also said no to making an offer because he simply did not want to accept the fact that he was short. The only two left were Cuban and Kevin O’Leary.

Screenshot showing the sharks. (Image credit: YouTube | Shark Town Global)
Screenshot showing the sharks. (Image source: YouTube | Shark Town Global)

Cuban liked the entrepreneurs and offered them a deal worth $150,000 for 25% equity. However, he wanted the founders to immediately accept it without waiting for Mr. Wonderful's offer. The entrepreneurs waited as O’Leary offered $100,000 for 15% equity. At that point, Cuban said he was out as the entrepreneurs were taking way too long.

However, they did not want him to back out. “If you are in, we will take the offer,” Mazur said. “Okay, you are lucky I like you,” the response came from the Shark. The two of them almost lost out on the deal thanks to their lack of decisiveness, but you can’t blame an entrepreneur for assessing all their options.

More on Market Realist:

'Shark Tank' contestants convince Mark Cuban to invest $1.75 million even after he shook his head

'Shark Tank' contestants get two judges to team up and push out Kevin O'Leary for a $500,000 deal

'Shark Tank' contestants won't take no for an answer — end up with $100,000 deal against all odds

RELATED TOPICS SHARK TANK
MORE ON MARKET REALIST
While being energetic is good, fans want the contestants to be more genuine than they seem.
2 hours ago
The item was a stick that had memories of the guest's grandfather carved into it.
2 hours ago
The host had no idea about the popular cartoon series and his expressions were hilarious.
3 hours ago
Despite messing up, the co-founders of Eco Nuts wanted a Shark to work 16 hours a day for them.
3 hours ago
The contestant said she was bad at it but there is no excuse for mistaking a continent for a country
1 day ago
Corey Harrison did not know much about the jersey, but he got a lot of help from the expert.
1 day ago
The contestant would have become the first man to achieve the big prize.
1 day ago
The question was about some of the most popular boy bands of all time.
1 day ago
The guest did not create a fuss but was adamant about the authenticity of his item.
1 day ago
The host's speech made for a sombre moment but he found a way to make that funny as well.
2 days ago
Fans once again called out the puzzle, which, according to them, was too tough.
3 days ago
The guest wanted a five-figure sum at first but was left disappointed by Harrison's stubbornness.
3 days ago
Rick Harrison was not as careful with this item as one would have expected him to be.
3 days ago
The contestant got a couple of chances to answer, and Harvey was left unimpressed on both occasions.
3 days ago
The contestant has denied the host's claims on social media that has fans intrigued.
3 days ago
It must have felt like a full circle moment for the family that had felt similar emotions back then.
4 days ago
The entrepreneur did not have a clear plan to grow the business despite having such a big ask.
4 days ago
All of the other sharks said no due to the risks, but Cuban seemed eager to take the gamble.
5 days ago
The contestant started the game strong but had to wait until the end for the big win.
5 days ago
The contestant faced a tough puzzle and she was not prepared for that at all.
5 days ago