For the tailored-suit wearing, Piguet watch-adorning, style-conscious group of old-school corporate investors on Wall Street, Mark Zuckerberg's choice to wear a hoodie to an IPO presentation was arguably disrespectful, sloppy and inconsiderate.
The father of Facebook, who is currently prepping to go public on Friday, has created a stir with his sartorial NYSE choice of wear. Leading Zuck's group of critics is Michael Pachter, also the first analyst to give Facebook a buy rating in early May. In an interview with Bloomberg, Pachter publicly denounced Zuckerberg's hoodie choice by calling it a "mark of immaturity." His mentality reflects why certain investors and analysts are currently troubled by Zuck:
"I mean, he’s actually showing investors he doesn’t care that much. He’s going to be him, and he’s going to do what he’s always done. 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." (Bloomberg)
In response, Zuckerberg allies and supporters have quickly assembled to defend the co-founder and CEO of the social media company. The vast majority of these individuals see and accept the stark differences between the world of Wall Street and the dot com realm. To them, Zuck's hoodies are the equivalent to Steve Jobs' black turtlenecks. Furthermore, they find the recent complaints an obstruction of creative freedom and flow.