Is his choice of dress at investor meetings showing them that he isn't serious? Wall street analysts say it's a sign of immaturity.
ETA:
Michael Pachter, an analyst for Wedbush Securities, doesn't like Mark Zuckerberg in a hoodie.
When asked on Bloomberg how he sees Zuckerberg as a risk, Patcher responded, "Mark and his signature hoodie? I mean, he's actually showing investors he doesn't care that much, he's going to be him, and he's gonna do what he's always done, and I think that's a mark of immaturity."
Though it isn't as if Zuckerberg's entire wardrobe consists of blue or black hoodies. He wore jeans and a tie when he met United States President Barack Obama. He even managed to pull together a full suit for last year's Tech Titans dinner at the White House and when he met former French President Nicolas Sarkozy. Poorly dressed or not, no matter what opinion may be held of Zuckerberg's style, Pachter still had some praise for the young CEO. Patcher, when asked if Zukerberg could also be Facebook's biggest asset as well as its biggest risk, replied "He most certainly is a genius, and he really has done something that no one else can do."
But he continued, "I'm not sure he's the right guy to run a corporation and have to answer to shareholders. If he does that well, then the stock is going to work fantastically well, if he doesn't its going to stall."
Does Zuckerberg care what Michael Pachter thinks about his hoodie? Doubtful. After all, the man stands to make at least $846 million when Facebook goes public. He can buy and wear as many hoodies as he likes.
Yesterday on the news several people were commenting that Zuckerberg's hoodies are equivalent to Steve Jobs's (unfortunate) black turtleneck. So, the Silicon Valley is supporting it's own.
This seems like a whole lot of pearl-clutching over something stupid. I have it on good authority that no, he's not the nicest guy who ever lived (and not through the movie), but those who have billions of dollars at their disposal basically get to do what they want within the limits of the law.
This seems like a whole lot of pearl-clutching over something stupid. I have it on good authority that no, he's not the nicest guy who ever lived (and not through the movie), but those who have billions of dollars at their disposal basically get to do what they want within the limits of the law.
I'm pretty sure they don't limit themselves to the law, but then I'm not a billionaire so...
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I can understand people thinking he is dressing inappropriately, but it doesn't matter. The heart of the issue here is whether it impacts Facebook's IPO, and I would argue that people will get over their butthurt feelings regarding Mark Zuckergburg's slovenly appearance for the sake of making a mint.