Young Tycoons was founded in 2015 by Mic-Mad, and Lostman with the vision to create high-quality music that could be distributed to the masses. Diverse in sound, the record label produces music incorporating sounds of neo-soul, hip-hop, dance-hall, and R&B.In addition to being a record label, the company also specializes in content creation, animation, and film/TV production. 

Previously before creating Young Tycoons, Mic-Mad started in the industry as an artist and grew up in Detroit in the church around gospel music attending with his grandmother. In addition to having a bachelors degree from University of Memphis in Broadcast and Electronic Media with a minor in Japanese, Mic-Mad also holds 2 degrees from Full Sail University in Business Administration and Entertainment (graduated 2012 as valedictorian) and Creative Writing (graduated 2014).