No, Tycoon Real Estate is no longer in business. The real estate crowdfunding platform failed to land a deal on Shark Tank, and the skepticism the Sharks raised about the model proved warranted within a couple of years.

What happened on Shark Tank

Tycoon Real Estate pitched on Season 6, facing significant skepticism from the Sharks about the risks of crowdfunding real estate investments and the overall viability of the business model. The company failed to strike a deal.

Why it eventually closed

In 2015, the service merged with a consortium of five crowdfunding real estate companies. That combined venture didn’t last either: the company announced its closure in 2016 via its X (formerly Twitter) account.

What the founder did next

Since the closure, founder Aaron has started several other businesses and now teaches entrepreneurship at the University of California, Berkeley’s Haas School of Business.

Frequently asked questions

Did Tycoon Real Estate get a Shark Tank deal?

No, all the Sharks passed, citing concerns about the crowdfunding real estate model.

When did Tycoon Real Estate shut down?

It merged with a consortium of crowdfunding real estate companies in 2015 and announced closure in 2016.

What is the founder doing now?

Aaron has founded several other businesses and teaches entrepreneurship at UC Berkeley’s Haas School of Business.

For more Shark Tank updates, see Talmyn’s Business Case Studies desk.