[nnain]

12 guys started Housing.com in 2012. (4 of them had more control of the company if I'm not wrong). Rahul Yadav was the CEO till yesterday. Good team, they executed things quickly, got attention from investors, got handsome funding early on. Bought a domain name like Housing.com. But Rahul Yadav is very brashy too and publicly ridiculed the VCs several times on not taking decisions on his terms.

Softbank (Japan) had nearly 30% stakes in housing.com . Rahul had ~4.5%. Anyway the investors eventually had enough power to expel Rahul "with immediate effect" after yesterday's board meeting saying "The board believed that his behaviour is not befitting of a CEO and is detrimental to the company".

I'm still not sure whether to side with Rahul or the investors. But he does like the spotlight for sure, even if it comes as negative publicity. I don't entirely disregard his opinion or frank talks, but there's a certain professionalism he lacked viz. bringing boardroom talks to media frequently, trying to sensationalise how he talked brazenly to the VCs.

[solve]

Imagine "VCs brazenly talked to founders". Would that even be news? No. They do that constantly with impunity.

If there's any doubt, never side with the VCs.

[pkaye]

What has been the accomplishments of housing.com?

[brajesh]

They have raised some 120 mn in 5 rounds of funding (the last one at 250 mn valuation). I haven't seen the traction yet, which is probably ok for a 3 yr old company. The product is good, but the market in India is still nascent.

The problem is that the only reason I hear about them is Rahul's antics.