Zomato founder to doctors: I see your rage against Temple, I have few points

Zomato founder to doctors: I see your rage against Temple, I have few points

Zomato founder Deepinder Goyal to doctors: I see your rage against Temple, I have …Zomato founder Deepinder Goyal has responded to criticism from doctors over his wearable health-tech device Temple, defending the product’s scientific claims, investment and business model. In a post addressed to “Concerned Indian Doctors” on X (formerly Twitter), Deepinder Goyal said he understood their anger but insisted that Temple was not a scam, adding that he had invested $20 million of his own money into the venture and was committed to getting the science right. For those unaware, Temple is a head-worn wellness and neurotech wearable device created by Zomato and Eternal founder Deepinder Goyal. Priced at Rs 85,00 and is up for pre-orders.Here’s what Zomato founder Deepinder Goyal wrote"Dear Concerned Indian Doctors,I see your rage against Temple on X. I have a few pointsto make:1. First and foremost, a business lesson: if Temple were a scam, and any of what we said weren't true, people would know it in just a few days of using Temple. We have 14-day, no-questions-asked returns (which even Apple doesn't offer in India). If the product doesn't work, it fails out of the gate and the company dies before recovering a tenth of its R&D.2. We have already spent $30m building Temple, $20m out of which is my own money. Selling a few thousand devices recovers a small fraction of this investment. A scam that pays nothing is not a scam anyone would run.3. I left the Eternal CEO role to chase purpose with Temple. This is not about money. I have enough of it to last for generations. My incentives are fully aligned with getting the science right. I am not staking a reputation earned over 20 years on making a quick buck.4. Our employees bought into our round a few months ago. The round we're raising now is mostly our customers. Scams don't build that cap table.5. Most wearable companies start with internal studies. Whoop shipped its band in 2015, and the first published validation followed a few years later. We hold ourselves to a higher standard; pre-prints are a step prior to peer reviewed publications, and they are coming up.6. At some point you have to stick your neck out and say: we believe in our science, and the product is now valuable enough for people to pay for and use. We believe we are there. More validation continues in public.7. We are confident that we are building something that the world is going to be positively astonished with. We stand by our science and our methods. Each of our claims is easily verifiable by individuals and institutions alike, and you will see a lot of independent studies come up on their own when the device becomes available to use.Last but not the least, the most ground breaking features in Temple are not even public yet. And some of them, thankfully, have nothing to do with doctors 🤭Hope this addresses some or all of your concerns. If not, keep raging 😘🤗"

Original Source

Read the full article at Timesofindia →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.