90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
Here and Now with Robin Young and Jeremy Hobson
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.

March 26 3 Comments

Noah Baumbach On Middle Age And ‘While We’re Young’

In the writer-director's new film, Ben Stiller and Naomi Watts' characters befriend a younger, free-spirited couple.

March 26 Comment

How March Became Mad

The NCAA men's tournament started in 1939 but it was decades before it became the extravaganza it is today.

March 25 4 Comments

DJ Sessions: Opera Greats Past And Present

Peter Van de Graaf shares some of his favorites, from the late German tenor Fritz Wunderlich to American soprano Renee Fleming.

March 25 18 Comments

The College You Go To May Not Matter As Much As You Think

Frank Bruni writes in his new book that there are many colleges that are great, but just don't get as much press.