Don't Like Zuckerberg's Hoodie? Don't Buy Shares

Posted: May 9 2012, 4:21am CDT | by , in News | Technology News

 

Don't like Zuckerberg's Hoodie? Don't Buy Shares
 

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Mark Zuckerberg is on tour with the Facebook IPO show. His "sloppy" wardrobe is note welcome on Wall Street.

Facebook CEO Mark Zuckerberg is selling the Facebook IPO right now in a road show. Yesterday's stop in New York left an analyst back with a bad taste. Bloomberg reports that Wedbusch analyst Michael Pachter did not like Zuckerberg's hoodie outfit. 

"Wearing a hoodie to a meeting in New York on Monday with potential investors is a sign of Zuckerberg’s lack of seriousness, according to Michael Pachter, an analyst for Wedbush Securities."

Well, nobody says you need to buy into the Facebook IPO. As I remember Zuckerberg never wanted to go IPO in the first place. The financial rules made it necessary for Facebook to go public because of the high number of private share holders.

I am still on the fence, if I put some money into Facebook, but I sure do not care what Zuckerberg is wearing.

Image Credit: Getty Images

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The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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