"While in many cases a company founder can, and does, grow into the job, things are happening so quickly that there is precious little time here for Zuckerberg to do that," he added.
Doubts about the Facebook founder intensified as the company's stock price plunged to an all-time low dropping to 19.87 dollars, almost half its IPO price.
The paper also quoted Barry Ritholtz, head of research firm Fusion IQ, as saying that the drooping stock price could tag the company itself with a "stink of failure" that could make advertisers less willing to use Facebook.
According to the paper, some investors blame Zuckerberg for several missteps, such as pricing the IPO at a stratospheric 100-billion dollars valuation.
According to some experts, Zuckerberg's indifference to traditional corporate etiquette, like wearing sneakers and his trademark hoodie for Facebook's first big investor meeting, is viewed as disrespectful of the corporate world he needs to win over.
"His behaviour is what I would expect of someone his age, the hoodies and everything else," said Chris Whalen, senior managing director at Tangent Capital Partners in New York.
"He's trying to appeal to his audience instead of being responsible to his investors. His job now is to run the company," he added. [continues]
Cite This Essay
(2012, 10). Mark Zuckerberg. StudyMode.com. Retrieved 10, 2012, from http://www.studymode.com/essays/Mark-Zuckerberg-1138092.html
"Mark Zuckerberg" StudyMode.com. 10 2012. 2012. 10 2012 <http://www.studymode.com/essays/Mark-Zuckerberg-1138092.html>.
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"Mark Zuckerberg." StudyMode.com. StudyMode.com, 10 2012. Web. 10 2012. <http://www.studymode.com/essays/Mark-Zuckerberg-1138092.html>.
"Mark Zuckerberg." StudyMode.com. 10, 2012. Accessed 10, 2012. http://www.studymode.com/essays/Mark-Zuckerberg-1138092.html.