Basically, investment bankers are parasites. They are greedy grubs whose entire raison d'etre is making money from the toil of the real producers in society like Mark Zuckerberg, Bill Gates and the late Steve Jobs.
Investment bankers produce nothing. And most of them have zero entrepreneurial talent.
What investment bankers do is rub shoulders with the well-heeled and try to convince them to invest their wealth in the latest project that they think they can sell to the masses at an inflated price, enabling them to make a quick exit with their pockets bulging with the spoils.
So when some Wall Street analyst makes headlines by casting aspersions upon the dress sense of a person who has changed the way the world communicates, one has to ask what is his game?
Come on people, do you really think this guy believes anyone would take him seriously – Mark Zuckerberg certainly doesn’t.
Does anyone with even a modicum of sense believe that hard-nosed business people would give a rat’s behind whether the boss of a company with a customer base approaching 1 billion people wears a hoodie or a $5,000 suit?
Of course not – and neither does any Wall Street analyst.
For a time, I worked in investor relations for a number of listed technology firms. One thing I learned quite early when doing an IPO was that practically any publicity is good publicity.
Right now this analyst has managed to get the likes of Henry Blodget snorting in righteous indignation at the mere suggestion that Zuckerberg’s attire may not inspire confidence in the stuffed shirts of Wall Street.
And this analyst is probably secretly chuckling to himself and rubbing his greedy hands together in glee as he reads the headlines about what an idiot he is, while thinking about all that free publicity for the upcoming Facebook float.
Yes folks, Zuckerberg, genius that he is, is still just 27 years old, and rather than prance around like a pretentious twit in an Armani suit, he wears much the same sort of gear I did when I was 27 years old.
However, the difference between Zuckerberg and most other 27 year olds is that he actually succeeded in changing the world. With this in mind, is it impossible to conceive that Zuckerberg himself, mindful of the doubt surrounding the upcoming Facebook IPO, may have even cooked this thing up to generate publicity?
No! I hear you cry. Zuckerberg is not in it for the money! Actually, if I remember rightly, he started Facebook because he thought it would help him get girlfriends. Well, enough said!