Housing.com CEO Rahul Yadav withdraws his Resignation

Indian Startup company Housing.com’s CEO and Founder Rahul Yadav today withdrew his Resignation after a long day drama during which he was at the center of discussion on social media websites like Facebook and Twitter.

Yadav had sent a rather stern email to company’s investors on April 30 and had given them 7 days time to decide over his replacement. Below is the full text of his email.

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.

Cheers,
Rahul

In past, Rahul was part of several controversies and insiders of Startup circle had hinted about differences of his opinions with company’s investors which include Nexus Ventures SoftBank, Helion Ventures and Falcon Edge.

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