Housing.com seems to have yet another drama, with it’s CEO Rahul Yadav quitting abruptly. The company is the India TV of the startup world, going brash and batshit insane on anyone that dare criticize it. (See spat with Shailendra Singh of Sequoia or the CEO calling Alok Kejriwal dumb ). Investors apparently find this attitude extremely appealing because holy crow, another site that helps you find properties to buy or rent! And with a brash set of founders, with IIT pedigree! That gave it $120 million in funding, with the latest at $90 million as recently as December. The CEO’s letter is here (Source: @KyaUkhaadLega and Eco times ), dissing investors and walking away: Dear board members and investors, I don’t think you guys are intellectually capable enough to have any sensible discussion anymore. This is something which I not just believe but can prove on your faces also! I had calculated long back (by taking avg life expectancy minus avg sleeping hrs) that I only have ~3L (hours) in my life. … (Read On…)
[via Capital Mind]
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