Quote of the Week: Suit Up


May 23, 2012

“Mark in his signature hoodie — I mean he’s actually showing investors he doesn’t care that much… and I think that’s a mark of immaturity. I mean I think 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.”


Who said it: Michael Pacther, managing director and social media/gaming analyst at Wedbush Securities


Context:  Bloomberg has a report about Michael Pachter view that wearing a hoodie sweatshirt to a meeting in New York with potential investors in the upcoming Facebook IPO, shows Mark Zuckerberg’s lack of maturity. Pachter likened Zuckerberg to Steve Jobs, the late Apple co-founder, who was known as an eccentric leader and who also had his own signature outfit: a black turtleneck, blue jeans and sneakers. However Pachter believes that Zuckerberg is probably better suited to be the chief product officer, the chief user-experience officer, to manage the design of the user interface, to decide every feature that goes in. (Image source: Bloomberg).


Where we found it: Bloomberg Tech Deals

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