Saturday, May 12, 2012

Meet Investors, Shirt Boss Facebook Criticized




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T-shirts and hooded sweaters seem to have become a favorite clothing founder and CEO Mark Zuckerberg. Because of his favorite, Zuckerberg still wear it in the middle of a formal event that would determine the future of Facebook.

This week Zuckerberg started Facebook IPO roadshow offers to a number of investors. His first road show held in New York and Zuckerberg still wearing jeans, sweatshirts and hooded sweater hoodie or popularly called.

The style of dress 27-year-old CEO was criticized by the participants who also attended the event. According to Michael Pachter, an analyst with Wedbush Securities, wearing a hoodie in a meeting with potential investors is a serious sign that Zuckerberg did not offer the shares first.

"I think it's a sign of immaturity. Zuckerberg must demonstrate to investors that Facebook is worth to invest their money," said Pachter.

He argues, should show respect to Zuckerberg prospective shareholders believe that he was able to lead a company that will soon sell shares to the public with the biggest value in the history of the technology industry.

Other analysts also cast a similar opinion. Dan Olds, an analyst at Gabriel Consulting Group recommends that Zuckerberg is more respect and show respect to people who will fund the company.

"It could be called an ignorance or arrogance, or even he did not think about what he was wearing. The first rule of selling shares is do not give the impression of discomfort before you attempt to sell it," Olds.

Meanwhile, analyst Brad Shimmin of Current Analysis, said that there are uniform standards when one enters into the world of finance. But it was judged to be too important for Shimmin. "What matters is how investors make decisions," he said.

Hoodies are worn Zuckerberg did not mean all due respect to investors, because Zuckerberg did like the clothes that seemed relaxed. Never mind the shirt and sweater, Zuckerberg even had a meeting with Sequia Capital Investment Company, just wear clothes that look like pajamas.

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