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Housing.com's CEO Rahul Yadav quits, insults Board in resignation letter

2 点作者 zengr大约 10 年前

1 comment

ignoramous大约 10 年前
Eccentric. To draw a parallel, Rahul reminds me of Evan S of SnapChat and Aaron L of Box, but only that Evan managed to correct his act and that&#x27;s down to the mentors he had; and Aaron is very colourful as much as he is controversial, but knows his business inside-out and is driven to build world&#x27;s greatest enterprise company (not sure if someone can say same about Yadav).<p>Either way, there much to learn from Yadav and his amazing team at Housing. They managed to create a great business in a short amount of time, sustained growth and managed to iterate rapidly. Now, I don&#x27;t know for sure if all that growth happened inspite of Yadav, or because of him; but its hard to find fault with him, and he&#x27;s achieved a lot in his short career already, and has to be credited for a lot of wealthy individuals he&#x27;s now created in the process.<p>So much money has been poured into Housing at absolutely sky-high evaluations ($900m in a round led by Japan&#x27;s SoftBank a few months back), and the writing was on the wall, really, the investors would never allow someone as outspoken as Yadav to remain at the top. In case Housing install a MBA at the helm, things can get worse as its competitor CommonFloor.com still has its founding team intact (that&#x27;s much mature in terms of experience). And its an open secret that its hard to lead a company any better than the founders would.<p>Indian start-up scene is going through an unprecedented amount of growth propelled by all the talent that isn&#x27;t leaving the country (most unicorns are founded by IITians that otherwise would have left the country for Silicon Valley) any more as VCs and Angles continue to pour a lot of money into the ecosystem.<p>Housing is a success story, but somewhere deep down I hoped it would have been a success story for their founders as well (much like how Ola Cabs is).