Kronos is a line of precision milled golf putters made in San Diego, California. The founders of Kronos, Phillip Lapuz and Eric Williams, pitched their business on Shark Tank in September 2014. The high-end luxury product (the cheapest Kronos putter sells for $300) is mostly sold in Japan. During the pitch, Lapuz got emotional talking about how much is on the line for him personally. He told the Sharks that he needs this deal to happen so his fiancée in Japan can come to the U.S. Lapuz and Williams went into the Tank seeking an investment of $150,000 in exchange for 15 percent equity. They left with a deal with Robert Herjavec — $150k for 30 percent equity.
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Kronos continues to distribute product in Japan, and Lapuz and his fiancee Tara did marry in 2017 — see photo below. After Shark Tank, Kronos Golf’s Hinotori Putter was on display at the British Golf Museum in St. Andrews, Scotland, steps away from the Old Course (see video below). New episodes of Shark Tank air Sundays at 10 pm on ABC, right after American Idol.
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