Michigan Brothers Score Major Investment Deal on ‘Shark Tank’
It’s pretty much every business person’s dream to score a huge investment deal to make that vision come to life. Now, two brothers from northern Michigan are living out that fantasy.
The two brothers, who are Traverse City natives, are getting national attention after pitching their company on the hit ABC program “Shark Tank.”
Dakota and Garret Porter, who co-founded ActionGlow, scored the deal earlier this month. The brothers were on the show hoping to score a deal with a shark for $200,000 to help take their business to the next level. ActionGlow “is a patented aftermarket LED lighting kit for sporting equipment. Express your personal,” according to their Facebook page.
The last investor on the show, Robert Herjavec, ended up making the deal. He offered the brothers $200,000 for 30-percent of the company. That’s huge.
When asked what this will bring for ActionGlow, Garret said, “The network estimates airing on Shark Tank to be between five to 10 million dollars worth of advertising for your company. so we are just, like, I don’t know, besides ourselves with the amount of orders coming in right now.” ActionGlow also just posted a photo on Facebook with a clip from the show, with the post stating, “We are so stoked to have you ‘on board’ Robert Herjavec!!”
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