Barbara Accuses Entrepreneur of Being Untrustworthy | Shark Tank Worst Pitches

TycoonRE founder Aaron McDaniel stepped into Shark Tank seeking $50,000 for a 5% stake into his crowdfunding real estate company.
Season 6 Ep. 20
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Barbara Accuses Entrepreneur of Being Untrustworthy | Shark Tank Worst Pitches

[@andkhad1]

This guy got the idea for his company from playing Roller Coaster Tycoon. Therefore, I’m out.

[@CNBCAmbition]

You might be on to something 😅

[@bluntdude]

kevin talking about protecting the investors. lmao.......

[@pre2363]

Impossible to find Barbra at home cause she's always OUT.🎉

[@celestialknight2339]

😂😂😂

[@Rac2nd]

Barbara: “I speak English and for that reason, I’m out.”

[@DopeTalkTV]

you obviously don't know about real estate

[@jbasiano]

Wonderful: I smell jailtime Wonderful one sec later: Well Mark that aggressive

[@luislptigres]

* Makes an offer *

[@gabhandebrun1871]

Mark is spot on making average people spend not guaranteed money they will never get back👌

[@triple7marc]

Lmao no he isn’t. It’s a dumb statement. You’re more likely to make returns on real estate than stocks.

[@rogerrodriguez9005]

Barbara: “Now I love this product. This product will sell millions and help a lot of people. Maybe even the world… and for that reason, I’m out”

[@celestialknight2339]

“I’m in. And for that reason, I’m out.”

[@emmarosie7176]

Cringe and overused

[@rogerrodriguez9005]

@@emmarosie7176 yet you commented and put me in your algorithm 😂

[@DOC_951]

Why do you need to spoil every episode in the title? Why can’t it just be something like: Entrepreneur - Product name

[@matthanneman7511]

they want to get your attention.

[@matthanneman7511]

our attention

[@jkennaw4314]

some of us love the schadenfreude and wanna see the fails

[@cthullhufhtagn2924]

I heard he changed his name to John and became a civil rights lawyer on youtube after this episode. Joking of course, but they could be brothers they look so much alike. Every time I see the thumbnail for this guy, I things it's the civil rights lawyer.

[@McKinnonMitchellStudios]

"All of our deals are professionally vetted: only working with top developers." (a few minutes later) "We have 2 proofs of concept: We raised $100,000 for a part of a house in San Francisco." ......I'm so out.

[@triple7marc]

I think he was just saying those were his proofs of the website and crowdfunding mechanism working. He had other properties on the website.

[@grubhubguy9629]

This guy is a fool for turning down Kevin’s offer.

[@tyrellcobb4665]

Yeah I think so too. They would be 50/50 partners. Kevin's name would attract all the investment he needs. Maybe he has other partners already

[@Thenatalyteran]

@@tyrellcobb4665no he’s a scam artist

[@triple7marc]

@@tyrellcobb4665He did have other investors, for a lot more than what Kevin offered. He sold the company years ago.

[@LongNguyen-ce8nn]

These types of scam real estate happen all over Asia, especially in China. Keep your money safe and keep your family safer. Do more research and only invest in your “hobby” money.

[@triple7marc]

How is this a scam exactly?

[@claytonroehr3661]

This clip surrounded with commercials that literally do the same thing to people. Might as well put an ad online that says "Give me one dollar and I will show you how to make money"

[@Akerzun]

Kind of reminds me of timeshares

[@DopeTalkTV]

lmao

[@dreusu732]

be risky at work, be safe with your investments. great advise

[@enovationsgr]

Codos to Mark and Kevin for calling out stupid scammers. if the scammers were, smart they would give a hefty cut to Mark and Kevin to endorse the scam like Voyager (5.5 Billion) and FTX (22 Billion)

[@meetdavid2024]

Wasn’t mark involved with both lol

[@lekker-cv1ok]

Isn't thus what slimy Grant Cardone does lol?!?!?

[@diurnal.quotes]

isnt this basically tokenization of real estate?

[@anthonyruggiero1988]

Imagine how legendary this would be if Mark was the only shark he was pitching this to

[@kayshelby1]

I bet DJ envy invested

[@triple7marc]

I like the idea a lot. I don’t really get where the sharks were coming from when they were accusing him of being reckless with people’s life savings. There’s a level of risk in ANY investment. He’s not suggesting that people should put all their money into the service. I mean, you can lose all your money on stocks just the same. Obviously there would be warnings on the website just like there are warnings when you go to invest in stock options. The sharks need to understand that there’s a level of personal responsibility in ANY investment and that the service isn’t meant for everyone. Even Barbara’s “mystery investor” line doesn’t really make much sense. It’s not like you don’t know which property you’re investing in. And it’s not like there aren’t actively managed mutual funds that are also managed by someone you don’t know. Those are even more egregious, because it’s almost impossible to predict the stock market and actively managed mutual funds actually have a higher expense ratio than passively managed ones, with not much higher of a return.

[@karljk]

Cough… Arrived Homes… Cough

[@raynesheawooten7699]

I’m trying to figure out how this is a bad idea? Haha that’s why I’m not in business

[@christineotp]

did u not watch the vid

[@Thenatalyteran]

Because if you ever decide to sell your share of a property. Who’s going to buy it ? Nobody ! Meaning you have no liquidity at all.. it’s not an investment

[@airlight7173]

​@@Thenatalyteranisnt that like investing in any property? It might not get sold when you need the cash

[@mikhailbotnovik1594]

​@@ThenatalyteranWelcome to the Real Estate business

[@dosidicusgigas1376]

​@airlight7173 Its similar to real estate, however the big difference I see based on what the guy said is they buy/sell parts of homes, so if someone puts in 10,000$ and gets a room in a household, how do they go on and sell it after? No one in their right mind would buy a tenth of a house or whatever it is. Then theres the ethical aspect, if you own a property you can sell it when you want provided there's an interested buyer. If you buy through this guys company you have to wait a year before having the option to sell your share, thats sketchy because if someone needs their money, they cant access it. Its also a model that is lends itself to scamming vulnerable individuals.

[@sidraasif3431]

I love this guy this guy is smart leave him alone

[@oneheadlight8000]

They are adults... they can spend their money how they want to Mark... quit babysitting.

[@eranddroory9987]

This is from CNBC really.. The volume spikes are terrible. So unprofessional for a big company like that..

[@burneraccount6116]

I feel like if he took the Kevin deal he would be rich