Days before the famous Facebook IPO, Wall Street is all up in arms about Mark Zuckerberg wearing a hoodie. Wall Street analyst Michael Pachter told Bloomberg that Zuckerberg’s dressed down decision suggests that he’s too immature to be the CEO of a massive corporation. He stated:
“He’s actually showing investors he doesn’t care that much; he’s going to be him. 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.” He even went on to say that Zuckerberg might be a better product manager or designer than CEO.
What did the tech world think of all this? The Next Web ran the headline “Odd analyst mocks Zuck’s hoodie, ironically sounding stupid in a suit while doing so.” and Tech blogger Om Malik bluntly (pun intended) stated ”This analyst is smoking stuff that is outside the realm of legality…Now if you were looking for a problem with Zuckerberg’s hoodie, then you should see it for what it really is: a fashion abomination.”
Facebook has made billions of dollars, revolutionized the way business is done on the web, and is about to launch one of the biggest, most publicized IPOs of all time. And financiers are freaking out over their CEO’s preference for wearing a comfortable cotton zip up? It sounds like they have much more serious issues to be concerned about, and should leave matters such as Zuckerberg’s sartorial choices (or lack thereof) to the fashion critics.