Should Zuckerberg have doffed his hoodie?
Facebook CEO Mark Zuckerberg is still drawing flak for having the temerity to appear in his trademark hoodie at a pivotal bank-sponsored meeting with potential investors in New York this week. The meeting kicked off the company’s planned nine-day “roadshow” to sell shares to the public for the first time.
The landmark IPO is expected to value the social networking giant at nearly $100 billion, and some analysts and pundits thought the occasion merited a suit and tie. “He’s actually showing investors he doesn’t care that much; he’s going to be him,” Wedbush Securities analyst Michael Pachtertold Bloomberg TV. “I think that’s a mark of immaturity. I think that he has to realize he’s bringing investors in as a new constituency right now, and I think he’s got to show them the respect that they deserve because he’s asking them for their money.”
Zuckerberg has been known to dress up on occasion, but the hoodie has become his trademark and is considered normal business atirtire in California’s Silicon Valley, where Facebook is based. In Facebook’s public roadshow” video touting the company’s prospects, Zuckerberg appears in a T shirt.
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