Rahul Yadav, the CEO of Housing.com has allotted all of his personal shares worth ~150Cr-200Cr (Rahul Yadav owns 4.5% stake in the company) to all the 2251 employees of Housing.com.
Housing.com employees will get approximately ~1 year of their annual salaries worth of Housing stocks.
Rahul, But Why?
Candidly speaking, Rahul shares the concept :
Housing was started because of 2 reasons:
- House hunting problem is unsolved globally. Just the problem statement gives me a lot of kick
- In each and every country there are 4-5 players doing the same poor job and still not able to solve the problem. Across the globe there are 500+ players. We want to unify all and create a global giant for real estate so that the one company can afford much higher level of R&D and Technological innovation to push the category forward.
Other than these 2, there is no other factor at play here, including money! [Rahul Yadav]
“I’m just 26 and it’s too early in life to get serious about money etc.”
This just shuts the mouth of several critics who have called him an arrogant kid (read : Before you pass any judgement on Housing’s Rahul).
