Mark Zuckerberg has been slammed by an analyst for wearing hoodie jumpers on the eve of the world’s biggest public share offering, claiming his attire is disrespectful to investors.
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|Mark Zuckerberg doesn’t do ‘black tie only’|
Analyst Michael Pachter of Wedbush Securities spoke to Bloomberg and argues Mark Zuckerberg’s hoodie and jeans attire needs to be traded in for a suit.
“Mark and his signature hoodie: He’s actually showing investors he doesn’t care that much; he’s going to be him,” Pachter said in an interview on 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 is an eccentric CEO who prioritises passion over appearances. His conduct is reminiscent of Apple’s late CEO Steve Jobs, whose day-to-day attire was blue jeans and a black turtleneck. And if Steve Jobs proved anything, it was that you don’t need a tie to innovate the world’s technologies.
Zuckerberg is simply underlining that point, prioritising his product, its innovations and its consumer reach before corporate pretences. Even Patcher finds it hard to contend with his devotion to Facebook’s functionality:
“[Mark Zuckerberg] is well-suited to be the chief product officer, the chief user-experience officer, to manage the design of the user interface, to decide every feature that goes in.”
But he believes the company’s fiscal management should be conducted by an individual who can conform to a corporate agenda.