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Housing.com CEO gives his entire stake to employees

timesofindia.indiatimes.com

31–40 of 49 posts

Re: Housing.com CEO gives his entire stake to employees

#31
post #12

> Yadav had reportedly written a resignation letter on April 30 to the board and investors and questioning their "intellectual capability" and giving them a one-week deadline to "help in the transition". However, on May 5, he withdrew the resignation and apologised for his outbursts. I call unstable. This CEO isn't maverick, world-changing bastard. He is simply unstable. Moreover, there are huge questions about quali…

[deleted]

Re: Housing.com CEO gives his entire stake to employees

#32
Most comments here are so sad. Looks like most people are simple jealous of Yadav's success. People calling him a bastard and mentally unstable. Shame on you guys. Make me wonder what these commenters have achieved. Especially @arihant. Calling another a bastard and unstable is more telling of @arihant himself rather than yadav.

Re: Housing.com CEO gives his entire stake to employees

#33
post #22

Earlier quoted context omitted.

Their UI is good, not their UX. Bugs simply destroy the experience. I'm also fond of their branding somehow, and their aggressive campaigning, their staying away from TV, and them not forcing me to download their apps. But that all falls short when the website fails 11 times just while I'm trying to put up a listing.

Have put up my apartment for rent on Housing and all the other major realty sites. In my experience, Housing has: a) The best UI and UX b) The best customer service in terms of tele-service, the agent coming over and taking photos, etc. c) The best response - on the other sites, even when I clicked and uploaded my apartment photos, the response rate on Housing was the best. d) Interesting add-on features such as 'lea…

Didn't go down that way for me. Their sign up form kept giving 503, and each time it did that, the form reset saving nothing I entered. That is a UX fail.

The form is not clear on expectations, when you don't follow them, it fails, resetting itself. That is a UX fail.

The service is only available in Metros, but they never say that during onboarding. Even their sign up form has all Indian cities. You put up your listing and if Housing is not in your city, you simply never get contacted. Fail without notice. That is a UX fail.

I managed to have 3 accounts with same e-mail. That is a massive, massive incompetent engineering. That is a UX fail.

UX and UI are not the same thing. Beauty is seen. Experience is felt. Housing's interaction design is absolute junk.

Re: Housing.com CEO gives his entire stake to employees

#34
it's easy to forget that he raised $90mm to begin with. So somebody came away impressed enough to drop the money into the company:

http://techcrunch.com/2014/12/15/softbank-housing-dot-com-in...

With the money they didn't stand still, they started hustling and built an outstanding buy/rent site that kills the ugly competition (magicbricks, commonfloor, indiaproperty).

Have to admit that the "Look Up" campaign has been nothing short of silly.

Re: Housing.com CEO gives his entire stake to employees

#35

Most comments here are so sad. Looks like most people are simple jealous of Yadav's success. People calling him a bastard and mentally unstable. Shame on you guys. Make me wonder what these commenters have achieved. Especially @arihant. Calling another a bastard and unstable is more telling of @arihant himself rather than yadav.

I said he isn't a "world-changing bastard".

And if you're running a 1500 crore company and spend time fighting on Twitter, crashing cars, impulsively resigning, abusing your own investors, giving away your shares impulsively, you would be hard pressed to find people who will call you stable.

Is there any guarantee that Rahul won't retract this decision by next week? There isn't, and that is unstable behavior.

Re: Housing.com CEO gives his entire stake to employees

#36
post #35

Most comments here are so sad. Looks like most people are simple jealous of Yadav's success. People calling him a bastard and mentally unstable. Shame on you guys. Make me wonder what these commenters have achieved. Especially @arihant. Calling another a bastard and unstable is more telling of @arihant himself rather than yadav.

I said he isn't a "world-changing bastard". And if you're running a 1500 crore company and spend time fighting on Twitter, crashing cars, impulsively resigning, abusing your own investors, giving away your shares impulsively, you would be hard pressed to find people who will call you stable. Is there any guarantee that Rahul won't retract this decision by next week? There isn't, and that is unstable behavior.

Please don't pattern match the wrong things. Fighting /Crashing Cars/Impulsive could be said of any of the greatest founders including Steve Jobs/Bill Gates. I am not saying that fighting / crashing cars is a pre-requisite to building a great company. You can build a great company despite those characteristics.

Here is another anecdote: https://news.ycombinator.com/item?id=9496238

I have a great story about a startup run by a bunch of insane guys. One of the founders cashed out a ton of money early and bought a $100k car; another founder's dorm buddy proceeded to wreck it within a month. Ron Conway's son used to bring cash to one of the founders, who blew it on drugs and partying while supposedly spending it on business development. Crazy. Irresponsible. Negligent. Bill Maris would NEVER invest in such people. All of the Valley VCs who are outraged with Secret and the founders' cash-out would NEVER want any of those guys in their portfolios. Too bad those crazy kids ended up building a $250B company, huh?

Re: Housing.com CEO gives his entire stake to employees

#37
I think this guy has an OCD, constantly trying to achieve publicity by using the "Yadav" image for marketing Housing.com. I just feel like this is another similar move, to re-establish his image after all those hatred going around him to the point that he was called the Rahul Gandhi in IT.

He could be X times more successful than me, I'm not going to waste time fighting that argument otherwise I eagerly want to hear out his argument for this move.

Re: Housing.com CEO gives his entire stake to employees

#38
Their pitch is a work of beauty, but it doesn't tell me much about what they actually do. It's definitely the most memorable ad I've ever seen.

https://www.youtube.com/watch?v=KyYyKRiJR4M

They learned well from Simon Sinek's Start with Why, but I'm afraid they jumped the shark: it comes off as trying too hard to inspire.

Re: Housing.com CEO gives his entire stake to employees

#39
post #35

Most comments here are so sad. Looks like most people are simple jealous of Yadav's success. People calling him a bastard and mentally unstable. Shame on you guys. Make me wonder what these commenters have achieved. Especially @arihant. Calling another a bastard and unstable is more telling of @arihant himself rather than yadav.

I said he isn't a "world-changing bastard". And if you're running a 1500 crore company and spend time fighting on Twitter, crashing cars, impulsively resigning, abusing your own investors, giving away your shares impulsively, you would be hard pressed to find people who will call you stable. Is there any guarantee that Rahul won't retract this decision by next week? There isn't, and that is unstable behavior.

>> fighting on Twitter, crashing cars...

Wouldn't that put Elon Musk in the bad books as per your rather prejudicial yardstick of measuring the worthiness of a person at the helm of a company?

Also, it was Advitiya (the other co-founder) at Housing who crashed his car.

Re: Housing.com CEO gives his entire stake to employees

#40
post #35

Earlier quoted context omitted.

I said he isn't a "world-changing bastard". And if you're running a 1500 crore company and spend time fighting on Twitter, crashing cars, impulsively resigning, abusing your own investors, giving away your shares impulsively, you would be hard pressed to find people who will call you stable. Is there any guarantee that Rahul won't retract this decision by next week? There isn't, and that is unstable behavior.

>> fighting on Twitter, crashing cars... Wouldn't that put Elon Musk in the bad books as per your rather prejudicial yardstick of measuring the worthiness of a person at the helm of a company? Also, it was Advitiya (the other co-founder) at Housing who crashed his car.

Correlation is not causation. Just because Elon Musk did so does not mean that rate of success among car crashing CEOs is not lower than the rest of them.

You've got to look at a nominal case, the median, not the outlying example to justify your mistakes.

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