Tycoon Real Estate, a Crowdfunding for real estate, was started by Aaron McDaniel in 2014. As of November 2023, Tycoon Real Estate’s net worth is $1 Million and they’re pulling in a whopping $2.3 Million in annual revenue.
On January 30, 2015, they appeared on Season 6 of Shark Tank USA seeking $50,000 for 5% equity valuing the company at $1 Million. But the Sharks were not interested in investing in Tycoon Real Estate. Sharks made a deal but the founder made a counteroffer then the shark rejected it so the founder had to walk empty-handed.
Tycoon Real Estate went out of business. the company was privately acquired by another company. Their website is not active.
Tycoon Real Estate Net Worth
|Net worth||$1 Million (Business Valuation)|
Tycoon Real Estate Net Worth Timeline
|Net Worth 2023||Out Of Business|
|Net worth valuation in 2015 before appearing on Shark Tank||$1 Million|
Tycoon Real Estate Pitch on Shark Tank
|Company name||Tycoon Real Estate|
|Product||Crowdfunding for real estate|
|Episode||Season 06 Episode 16|
|Asked for||$50,000 for 5% equity|
|Final deal||No deal|
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Tycoon Real Estate Founder
Tycoon Real Estate was founded by Aaron McDaniel 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 2023.
|2018||Tycoon Real Estate was acquired by a group of five major crowdfunding platforms|
|2015||Tycoon Real Estate appeared on Shark Tank|
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.