Should Facebook's Mark Zuckerberg lose the hoodie?

As he woos suit-and-tie investors on Wall Street, the 27-year-old CEO's sartorial choices are becoming a source of controversy

Should Facebook's Mark Zuckerberg lose the hoodie?
(Image credit: Justin Sullivan/Getty Images)

Facebook CEO Mark Zuckerberg is meeting with potential investors in the lead-up to his company's hotly anticipated IPO, and not all of them are happy about the fact that he rolled up to meetings this week wearing his standard black hoodie. "That's a mark of immaturity," Michael Pachter, an analyst for Wedbush Securities, tells Bloomberg News. "He's showing investors he doesn't care that much," raising concerns about the wunderkind's ability to run a publicly traded company and respond to shareholder concerns. Should Zuckerberg start wearing a suit and tie?

Zuckerberg's clothes are totally irrelevant: Under Zuckerberg's "hoodie-regime-of-terror," Facebook has made billions and billions of dollars, says Alex Wilhelm at Insider. Pachter is suggesting that "savvy investors are going to look at his massive company differently" because of the hoodie, but nothing could be further from the truth. "If a visionary multi-billionaire walked into my house buck naked and asked for" an investment, "I'd hit up the ATM if I had to."

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up