Controversial CEO back in news

Published on May 14, 2015 12:02:26 PM
Business
Housing.com’s controversial CEO Rahul Yadav is back in the news just a week after withdrawing his resignation. 

He astonished his investors, employees and everyone else with his announcement to allot his entire stake worth of Rs 200 crore to all the 2,251 employees in a town hall meeting at Mumbai.

This young IIT dropout says, it’s too early in his life to be serious enough about money.

The company’s statement said, "Every employee of Housing.com is now a company shareholder.” 

With this latest move, Housing.com employees will get stocks worth of their one year salaries.