1. After Yadav’s ouster, hackers take control of Housing website twice

After Yadav’s ouster, hackers take control of Housing website twice

Website of Housing.com was hacked on Monday with unknown hackers expressing solidarity with former CEO Rahul Yadav...

By: | Bangalore | Published: July 7, 2015 12:16 AM

Website of Housing.com was hacked on Monday with unknown hackers expressing solidarity with former CEO Rahul Yadav, who was sacked by the board of the realty start-up last week.

The website which generally greeted visitors with a pointy arrow and the words “Look Up” written below it, was replaced with a full-page text.

“#rahulyadav #housingdown. Yes! We will solve the real estate problem, but 10x better with The Chief Architect,” said a part of the text which was on the home page of the website till 6 pm on Monday. The website was hacked twice, after it went live for a while. ‘The Chief Architect’ reference in the note is for Yadav, who was instrumental in the growth of the company.

Yadav was fired by the Housing.com board last week. A company statement had said, “The Board believed that his behaviour was not befitting of a CEO and is detrimental to the company, known for its innovative approach to product development, market expansion and brand building.”

He had an open spat over emails with one of his investors from Sequoia Capital, whom he accused of poaching employees from Housing. Later, he resigned and wrote a strong letter to investors and the board, in which he challenged their “intellectual capability to have any discussion.” The next day he retracted his resignation and apologised for the letter.

Housing raised $90 million in December from SoftBank, which valued it at Rs 1,500 crore, a valuation that shot it to fame.

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Tags: Housing.com
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