Deepinder Goyal announced on X that he will publish a note detailing his exit from Eternal after 18 years to focus on Temple. The founder pushed back against critics and allegations of fraud by highlighting the substantial personal and development capital poured into the wearable. He also addressed demands from Indian doctors by clarifying that Temple is strictly a wellness device and fitness tracker, not a medical tool. He noted that users have access to a 14-day, no-questions-asked return policy.
Key points
Goyal plans to release a detailed note explaining his exit from Eternal and outlining Tem…: Goyal plans to release a detailed note explaining his exit from Eternal and outlining Temple's mission.
Temple is categorized as a wellness tracker rather than a clinically validated medical de…: Temple is categorized as a wellness tracker rather than a clinically validated medical device.
The founder argued the venture cannot be a scam because early failure would prevent recov…: The founder argued the venture cannot be a scam because early failure would prevent recovering research expenses.
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Responding to questions about why he left a company he founded 18 years ago and which he described as being worth around $35 billion, Goyal said he would explain why he chose to pursue what he called a niche health wearable business.
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He said the note would address why he left Eternal, what Temple is building, the startup's vision statement and what it hopes to bring to humanity.
"I am going to tell you in 4 hours from now (drafting the note as we speak). Stay tuned," Goyal wrote in a post on X.
He also added a pointed postscript aimed at Indian doctors, saying those who are "holier-than-thou" could skip the announcement.
The post came almost a day after Goyal addressed a post to “concerned Indian doctors”, saying Temple had cost $30 million to develop, with $20 million coming from his personal funds. “If Temple were a scam, and any of what we said weren't true, people…
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