Housing.com fires CEO Rahul Yadav
Moneylife Digital Team 01 July 2015
The board of Housing.com fired its co-founder and CEO Rahul Yadav because of his conduct over the past few months, say media reports
 
Rahul Yadav, the 26-year old chief executive (CEO) of Housing.com, who earlier had resigned from the company has been fired by the Board of Directors, say media reports.
 
"The board of Housing.com fired its co-founder and Chief Executive Officer Rahul Yadav because of his conduct over the past few months," a report from Business Standard says.
 
Yadav has been in the news for the past six months because of his often-abrasive communication with investors and media.
 
In May this year, during an interaction on Reddit, the 26-year old CEO had stirred up fresh controversy calling names of various people, while admitting that quitting Housing.com was a well-calculated tactical move.
 
Earlier, Yadav broke news of his resignation on social media. "I don't think you guys are intellectually capable enough to have any sensible discussion anymore," Yadav had written to the Board of Directors at Housing.com in his resignation email. However, later he apologised and withdrew his resignation.
 
"It is a sad moment for us. Housing was his idea, his company. But he has been ousted. I don't know how we will deal with this loss," said an official from Housing.com.
 
Housing.com was set up in 2012 by 12 IIT Bombay graduates, and it emerged as one of the most promising start-ups.
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