Shark Tank Update
Shark Tank Pitch
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Kronos Shark Tank Update
2m
Fitness Outdoors
| Name | Kronos |
|---|---|
| Main Presenters | Phillip Lapuz, Eric Williams |
| Order Shown in Episode | 4 |
| Final Deal | Deal was made on the show with sharks Robert Herjavec for $150,000 for 30%. |
Kronos Shark Tank Pitch
Phillip Lapuz and Eric Williams appeared on Shark Tank Season 6, Episode 2, which aired on September 26, 2014, with Most precise golf putter in the world.
Kronos is listed in the Fitness Outdoors category. In plain terms, the business is described as Most precise golf putter in the world.
Kronos asked the Sharks for $150,000 for 15%, implying a valuation of about $1 million.
On the show, Kronos made a listed deal with Robert Herjavec for $150,000 for 30%.
If treated as straight equity, the listed deal works out to about $500,000 implied valuation, down from the original $1 million implied valuation.
This pitch is included as context for the more important question: what happened after Shark Tank.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $150,000 for 15% | |
| Sharks | Deal | Robert Herjavec | $150,000 for 30% |
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Kronos After Shark Tank
Kronos accepted an on-air Shark Tank deal for $150,000 for 30%. The on-air deal did not close. Follow-up reporting lists the company as in business. (Kronos Putters Shark Tank Update https://www.sharktankblog.com/business/kronos-putters/).Link Preview
Kronos Putters Shark Tank Update
Kronos reported annual revenue of $5 million as of August, 2021. (Kronos Putters Shark Tank Update https://www.sharktankblog.com/business/kronos-putters/).Link Preview
Kronos Putters Shark Tank Update
The official website for Kronos is listed as kronosgolf.com. (Kronos website https://kronosgolf.com).Link Preview
Kronos website
Sources
Sources used for this page: Shark Tank API pitches https://www.sharktank-api.dev/pitches https://www.sharktank-api.dev/episodes https://www.sharktankblog.com/business/kronos-putters/ https://kronosgolf.com, Shark Tank API episodes Link Preview
Shark Tank API pitches , sharktankblog.com Link Preview
Shark Tank API episodes , kronosgolf.com Link Preview
sharktankblog.com .Link Preview
kronosgolf.com
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