After quitting Housing.com with a scathing email to board members in May and then returning back, Housing.com CEO Rahul Yadav may finally be leaving the company for good. Economic Times revealed an email in the morning written by Yadav to the board members confirming that he is indeed stepping down from his position. Even though nothing is certain yet, we take a look back at Yadav’s badassery, and compile all the emails written by him that perfectly testify him being a juvenile CEO.
In March, Yadav sent an unabashed email to Sequoia Capital’s MD Shailendra Singh after he poached one of Housing.com’s employees to join Sequoia as an analyst.
From: Rahul Yadav
Date: Fri, Mar 6, 2015 at 7:39 PM
Subject: Last straw
To: Shailendra Singh (Sequoia Capital India)
I’ve been humble to you guys even after inhuman and unethical things that you’ve done with Housing in the past.
You did the same inhuman and unethical things with large number of entrepreneurs including Ola, TFS, Flipkart, Dexetra and many more…
Now I just came to know you personally are completely after Housing’s employees and are brainwashing them to open some stupid incubation.
If you don’t stop messing around with me, directly or even indirectly, I will vacate the best of your firm.
Also, this mark the beginning of the end of Sequoia Cap in India.
In the same month, Yadav wrote another email, this time to his employees asking them a very important question – Please suggest what to do with this Times Group?
Date: Thu, Mar 12, 2015 at 5:19 AM
Subject: Investors considering to remove Housing.com co-founder Rahul Yadav as CEO: Economic Times
Investors called me and said Times is behind you, be ready for such story
MagicBricks (Our competitor and a Times Group Company) is trying to close funding round in US while malign Housing’s position in India. Housing is being loved in US.
And they linked me with that unfortunate car accident. They have no shame!
After paying for past and upcoming marketing blasts’ advances as well, We still have 75Mn+ in our bank. Ola cabs raised $200Mn. We raised $90Mn. Almost at the same time. Their cash burn is 125Cr per month and ours <20Cr that too with recent ramp up. Where is the high cash burn?Overseas expansion: We WISH to. We DREAM to. How come dreaming is leading to cash burn in international?
Please suggest what to do with this Times Group
Have a good day.
And we end with this very famous email by Yadav in May tendering his resignation in the most rudest way possible.
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. ~3L hrs are certainly not much to waste with you guys!
Hence resigning from the position of Directorship, Chairmanship and the CEO position of the company. I’m available for the next 7 days to help in the transition. Won’t give more time after that. So please be efficient in this duration.
However, just 5 days after putting his papers, he withdrew his resignation and even apologised for the comments he made about the board members. Here’s the email he sent to his employees then:
From: Rahul Yadav
Subject: Was just a usual day at Housing 😀
I’m still your CEO
Have fun 🙂
He has even indulged in douchery on Facebook taking potshots at Infosys CEO Vishal Sikka, Zomato CEO Deepinder Goyal and even Ola Cabs CEO Bhavish Aggarwal:
Even though Yadav is being cheekily called the ‘Arvind Kejriwal of tech startups’ and Twitter even coined a new name for him yesterday ‘Steve Joblessness’, he still earns brownie point for eccentric personality and high entertainment value.