Why You Shouldn’t Call Your Investors Dumb

There are chief executive officers who’ve had fraught relationships with their boards. Then there’s Housing.com’s Rahul Yadav. In barely two years, Yadav secured more than $125 million in venture capital and made his Mumbai-based company one of India’s leading online hubs for real estate rentals and sales. In a matter of months, he also accused prominent investors of vague misdeeds, publicly berated his directors, taunted other entrepreneurs, and resigned—then unresigned.

Finally, Housing.com’s directors decided they’d had enough. Following a July 1 meeting, the board announced it had removed Yadav and installed Chief Operating Officer Rishabh Gupta as interim CEO. “The board believed that his behavior is not befitting of a CEO and is detrimental to the company,” Housing.com spokeswoman Zeenat Khan said in a statement. She declined to comment further on transition plans.