CEO quits with insulting letter to Board then returns days later

The CEO of an Indian website quit in a dramatic fashion with an insulting resignation letter to his Board and investors, only to withdraw it days later.

Rahul Yadav quit his role at the high-profile start-up Housing.com, with a letter questioning Board members’ intellectual capability.

His letter read: “Dear Board members and investors, I don't think you guys are intellectually capable enough to have any sensible discussion anymore. This is something which I not just believe but can prove on your faces also!