Topyaps Logo

Topyaps Logo Topyaps Logo Topyaps Logo Topyaps Logo

Topyaps menu

Responsive image

Rahul Yadav, The CEO Of Housing.com, Has Written The Most Badass Resignation Letter Of Our Times

Updated on 4 September, 2019 at 6:08 pm By

Just a couple of months back this logo of an upward pointing arrow was on jacket pages of some of the leading dailies of the country.

The logo is of Housing.com, a start-up helping people find houses. It was founded by Rahul Yadav.

If the logo didn’t grab your attention, the way Yadav – a graduate of IIT-B – resigned from his position of chairman and CEO will definitely keep the name ringing in your ears.


Advertisement

In his resignation letter he wrote:

 

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,


Advertisement

Rahul

 

His decision came after a bitter squabble with the company’s investors, especially with Shailendra Singh – MD of venture capital firm Sequoia Capital.

 

But he is not the only one Yadav was at war with. According to the Economic Times, problems between Yadav and Masayoshi Son’s SoftBank – a major investor in Housing.com – had come to a head recently.

 

That’s not all. The Times Group filed a defamation suit against him, asked for an unconditional apology and Rs.100 crore in damages.

Firstpost reports that the lawsuit came after Yadav accused the Times Group of spreading rumours that the Housing.com Board was looking to replace him as CEO, and suggested that it was doing so because of business rivalry (Times Internet Ltd owns magicbricks.com, which is a direct competitor to Housing.com).

‘Your Story’ described him as “brash and arrogant” in an interview.

 



 

Yadav’s resignation letter has generated a lot of excitement on Twitter:

 

 

 

 

Although not all voices on social media are praising Yadav’s method of resigning, one cannot deny that he has paved a new way to say goodbye to everyone’s faces.


Advertisement

 

Advertisement

Latest Stories

Superstar Rajinikath’s Super Cop Movie Darbar Leaked Online by Tamirockers

Superstar Rajinikath’s Super Cop Movie Darbar Leaked Online by Tamirockers


Akshay Kumar’s Latest Movie Good Newwz Leaked By Tamilrockers After Its Release

Akshay Kumar’s Latest Movie Good Newwz Leaked By Tamilrockers After Its Release


Salman Khan Starrer ‘Dabangg 3’ Leaked Online By Tamilrockers

Salman Khan Starrer ‘Dabangg 3’ Leaked Online By Tamilrockers


Bollywood Reacts on Twitter on Anti CAA Protests Across Nation

Bollywood Reacts on Twitter on Anti CAA Protests Across Nation


Jumanji: The Next Level Movie Leaked Online By Tamilrockers

Jumanji: The Next Level Movie Leaked Online By Tamilrockers


Advertisement

Most Searched

More From Business

Popular on The Web