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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.”

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Robin and Jeremy

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

April 29 17 Comments

What’s A Delegate? And Why Do We Even Have Them In The First Place?

Here & Now's Robin Young speaks with Richard Pacelle, professor of political science at the University of Tennessee, to find some answers.

April 29 3 Comments

Bison Set To Become America’s First National Mammal

A bipartisan effort to name the bison the first national mammal of the U.S. has passed in Congress.

April 28 34 Comments

Men Read Mean Tweets At Women And The Video Goes Viral

Two Chicago-area sports journalists gathered the tweets directed at them and asked men to read them to their faces. The result went viral.

April 28 7 Comments

HBO's CEO On Virtual Reality And ‘Sesame Street’

In the second part of our interview with Richard Plepler, he discusses why the premium cable network picked up "Sesame Street."