This has not been a good year for hoodies, that casual warming garment worn by the 27-year-old Facebook CEO, Mark Zuckerberg.
In anticipation of the company’s IPO, Zuckerberg attended the investor roadshow in New York sporting his uniform of hoodies and jeans. Wedbush Securities analyst Michael Patcher thinks wearing a hoodie to an investor meeting is a sign of disrespect.
Patcher told Bloomberg that, “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.”
Patcher seems to be in the minority, as most are of the thought that Zuckerberg, with is 57 per cent voting right over the company, can pretty much do whatever he wants. The Bloomberg article also mentions that Zuckerberg’s affinity towards casual wear dates back to his initial meeting with Sequoia Capital, to which he arrived wearing his pyjamas.
Should Zuckerberg grow up and lose the hoodie? Or is it a sign of the company’s unique corporate culture?
May Jeong is Toronto Standard’s business editor. Follow her on Twitter @mayjeong.