<story><title>Housing.com CEO gives his entire stake to employees</title><url>http://timesofindia.indiatimes.com/tech/tech-news/Housing-com-CEO-Rahul-Yadav-gives-away-his-entire-stake-worth-Rs-200-crore-to-employees/articleshow/47272859.cms?utm_source=facebook.com&amp;utm_medium=referral&amp;utm_campaign=TOI</url></story><parent_chain></parent_chain><comment><author>arihant</author><text>&amp;gt; &lt;i&gt;Yadav had reportedly written a resignation letter on April 30 to the board and investors and questioning their &amp;quot;intellectual capability&amp;quot; and giving them a one-week deadline to &amp;quot;help in the transition&amp;quot;. However, on May 5, he withdrew the resignation and apologised for his outbursts.&lt;/i&gt;&lt;p&gt;I call unstable. This CEO isn&amp;#x27;t maverick, world-changing bastard. He is simply unstable.&lt;p&gt;Moreover, there are huge questions about quality of hiring at Housing. Their website, app have had same bugs for 6 months, and they still remain. Over 2000 people can&amp;#x27;t make a decent bug-free website to see property listings?&lt;p&gt;The whole point of Housing was Airbnb style property listings - real verification, owners -only, professional photos and VR. And somehow their UX is one of their weakest points.</text></comment>
<story><title>Housing.com CEO gives his entire stake to employees</title><url>http://timesofindia.indiatimes.com/tech/tech-news/Housing-com-CEO-Rahul-Yadav-gives-away-his-entire-stake-worth-Rs-200-crore-to-employees/articleshow/47272859.cms?utm_source=facebook.com&amp;utm_medium=referral&amp;utm_campaign=TOI</url></story><parent_chain></parent_chain><comment><author>shubhamjain</author><text>Housing.com is dot-com-bubble era extravagant startup with no good forseeable business model. In their initial rounds, they spend $1M ( 40% of funding ) to get the fancy domain and phone number. Its almost as if they are doing exactly opposite of Sam Altman&amp;#x27;s every advice - low burn rate, focus on product, hire slowly, build and iterate. One of my friend who works there told me that they are working simultaneously on 16 projects.&lt;p&gt;I don&amp;#x27;t believe a company like this would find itself existing in the next few years unless, they get a new CEO who knows how to get shit on track which would mean firing of lots of people and cutting down on their stupid campaigns. I don&amp;#x27;t know weather this move was because of his sheer goodwill or to save his face or to get back on news again but considering his moves in past few months, he is an arrogant cocky teenager-like mentality person who doesn&amp;#x27;t think twice before making a move</text></comment>