So, the first Monday after its founder Rahul Yadav was sacked by the board, the Housing.com website is on a see-saw ride that seems to have no end. The site was down for a while and then came back up only to go down again. Our suspicion is that this is going to continue for a while, till whoever is behind it is satisfied that he has made a point.
- Housing.com’s Rahul Yadav appointed CTO of Anuj Puri’s Anarock Property Consultants
- Housing.com CEO Rahul Yadav sacked by board after email leak
- Rahul Yadav, you have made me doubt everything about Housing.com
- I don’t like money, I like the idea of creating money: Housing.com CEO Rahul Yadav
- Housing.com CEO gives away personal equity worth Rs 200 crore to 2,251 employees
- Drama at Housing.com: CEO Rahul Yadav resigns in scathing letter, then takes it back
But we are not sure if this is a hack or a take down by someone within the organisation. We have contacted Housing.com for a statement.
Within hours Yadav put out a post on Facebook, saying he would have done it better. #NotInvolved #LoveYouTechTeam, his short post said.
The message on the site sure suggests an inside job, as it says “Yes! We will solve real estate, but 10X better with The Chief Architect” under #housingdown and #rahulyadav. The indication is that someone thinks this promising startup will do better under its controversial founder.
See post below:
There is much more to the post, but it won’t make a lot of sense for those who have not walked under the gate of an engineering college. It reads like gibberish, but we are sure it will make sense for someone.
Just last week, CEO Yadav has been sacked for his “behaviour towards investors, ecosystem and the media”. In a strongly worded press-statement, Yadav’s behaviour has been pinpointed as the reason for his firing. The press statement said the Board believes that Yadav’s behaviour is not befitting of a CEO and is detrimental to the company, known for its innovative approach to product development, market expansion and brand building.
The real sad story behind Housing.com seems to be its investors who are now left with a hot potato in the literal sense. And what is happening today will only end up discouraging Housing.com’s customers, if there are any left. How will you get people to invest their million on property if even the site is so insecure?