90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Here and Now with Robin Young
Public radio's live
midday news program
With sponsorship from
Mathworks - Accelerating the pace of engineering and science
Accelerating the pace
of engineering and science
Friday, May 11, 2012

Mark Zuckerberg: ‘How A Brat Tycoon Became A Brilliant CEO’

Facebook CEO Mark Zuckerberg arrived to meet with investors in New York on Monday  wearing his iconic hoodie. (AP)

Facebook CEO Mark Zuckerberg arrived to meet with investors in New York on Monday wearing his iconic hoodie. (AP)

As Facebook prepares to go public next week, 27-year-old Facebook founder Mark Zuckerberg is being criticized for wearing his signature hoodie on his roadshow this week to pitch Facebook stock to potential buyers.

Securities analyst Michael Pachter, who was the first to issue a “buy” recommendation on Facebook stock, told Bloomberg Television that the hoodie is a sign of immaturity and a lack of seriousness about the company’s initial public offering which doesn’t say much for Zuckerberg as a CEO.

But Business Insider CEO Henry Blodget says Patcher is selling  Zuckerberg short.

He says Facebook shares are a great buy for people who believe in Zuckerberg and the social mission he has outlined for Facebook.  But he warns short term investors, who might just be looking for a quick financial return, to be wary of putting their money with Zuckerberg.

“To him, Facebook’s social mission is more important than the company’s business,” Blodget said. “And on Wall Street that is heresy.”

Blodget adds, “In many cases I expect Mark Zuckerberg will make decisions that will hurt the stock price and will hurt the company’s financial performance in the short term in order to hopefully create a more powerful product over the long term.  And you have to be willing to make that trade-off.”

Guest:


Please follow our community rules when engaging in comment discussion on this site.
Robin and Jeremy

Robin Young and Jeremy Hobson host Here & Now, a live two-hour production of NPR and WBUR Boston.

October 29 Comment

Reporter Crosses Into Syria To Tell Stories Of Fighters

Holly Williams of CBS discusses some of the people she's interviewed, including women soldiers on the frontlines.

October 29 6 Comments

How Far Have We Come Since The Financial Crisis?

Or are we already going backwards? We ask Michael Lewis, author of books including "Flash Boys" and "Liar's Poker."

October 28 Comment

Cooking With The Fruit Of Fall

Apples are abundant, but so are pears, pomegranates, persimmons and figs. Our resident chef shares six recipes.

October 28 2 Comments

The Mystery Of Michael Rockefeller’s Disappearance

A new book attempts to piece together what happened to the 23-year-old heir, who went missing in Dutch New Guinea in 1961.