“Hyconn” got featured on Shark Tank America in May 2011. The current net worth of Hyconn is unknown, as the business is not in operation since 2013. And the product is no longer available in the market. According to our online research, Hyconn went out of business in 2013.
| Hyconn’s Net worth before appearing on Shark Tank | 1.25 Million USD (business valuation) |
| Hyconn’s Current Net worth (2023) | N/A |
| Episode | Season 02 Episode 08 |
| Company name | Hyconn |
| Product | Fast connector for fire hydrants and hoses |
| Founder | Jeff Stroope |
| Asked for | $500,000 for 40% Equity |
| Final deal | $1.25 Million for 100% + $100,000/year for 3 years + 7.5% royalty to Jeff |
| Shark | Mark Cuban |
| Business status | Out of Business |
| Location | USA |
Hyconn’s founder, Jeff Stroope’s net worth is unknown as of 2023.
Conclusion:
Some companies that appear on the show have not achieved great success, and Hyconn was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Hyconn went out of business in 2013. And the product is no longer available in the market.