Tycoon Real Estate, founded by Aaron McDaniel in 2014, was a real estate crowdfunding platform that appeared on Shark Tank in 2015, seeking $50,000 for 5% equity but did not secure a deal.
Despite initial interest, the company struggled to gain traction and was acquired in November 2015 by a consortium of five real estate crowdfunding platforms, led by Patch of Land.
As of 2024, Tycoon Real Estate is no longer in operation, with its website inactive and the business considered defunct.
Tycoon Real Estate Net Worth
| Estimated Net worth | $1 million (2015) Business Valuation |
| Annual Sales Revenue | Not available |
| Lifetime sales | Not available |
| Investor | None |
| Founder | Aaron McDaniel |
| Employees | Not available |
Tycoon Real Estate Pitch on Shark Tank
| Company name | Tycoon Real Estate |
| Product | Crowdfunding for real estate |
| Episode | Season 06 Episode 16 |
| Founder | Aaron McDaniel |
| Asked for | $50,000 for 5% equity |
| Final deal | No deal |
| Sharks | None |
| Location | – |
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Tycoon Real Estate Founder
Aaron McDaniel founded Tycoon Real Estate in 2014. Aaron has a background in a wealth of businesses. He is a very smart sales manager. Tycoon Real Estate’s founder, Aaron McDaniel net worth is unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2018 | Tycoon Real Estate was acquired by a group of five major crowdfunding platforms. |
| 2015 | Tycoon Real Estate appeared on Shark Tank. |
Conclusion
Some companies that appear on the show have not achieved great success, and Tycoon Real Estate is one of them. Sometimes businesses don’t succeed for 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, Tycoon Real Estate went out of business. the company shutdown date is unknown. And the product is no longer available in the market.