Zuckerberg's hoodie rankles Wall Street

Wedbush Securities’ Michael Pachter slammed the social networking guru for donning his trademark casual threads during talks with potential investors.

He said, “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 he has to realise he’s bringing investors in as a new constituency right now. And he’s got to show them the respect they deserve because he’s asking them for their money.”

Despite his tirade against the 27-year-old titan’s choice of sportswear, Pachter said he still believed Facebook was a ‘solid investment’.

But he added that, in his opinion, Zuckerberg may be ‘a better product manager or designer than CEO’.

It is not the first time Zuckerberg’s dress sense has raised eyebrows in the usually buttoned-down world of Wall Street.

He is regularly clocked wearing T-shirts and sandals.

However, Michael Wilhelm, from The Next Web, said that had Zuckerberg shown up in a suit, it could have signalled Facebook was moving away from its winning formula.

He wrote, “He’s going to be him, and he’s going to do what he’s always done. That’s to say that he’s going to build a
$95 billion (Rs 512 crore) business and change the world?

That’s what the hoodie signifies? Well then, I think that he s
houldn’t take it off at all costs!”

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