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Bookmaker has released odds on what Facebook founder Mark Zuckerberg will be wearing Friday as his company begins trading. (find odds here)
The odds of Zuckerberg wearing one of his trademark hoodie sweatshirts was listed at -400 while there was some value in him wearing a suit at almost 3/1 odds.
Forbes featured an entertaining piece on recent IPOs and what those founders chose to wear at the starting day of trading.
Hopefully this analysis will help everyone make a more informed decision about buying Facebook stock and better run their own companies, Forbes.com’s Ranjith Kumaran wrote.
The markets “rewarded Yelp founder Jeremy Stoppelman's jacket and shirt with $5 per share above his opening price of $15”.
LinkedIn founder Reid Hoffman's buttoned-up look had the "public markets going crazy. The company’s stock has been soaring at over $100 per share after opening at $45".
Andrew Mason, founder of Groupon, is "pictured on the Groupon website wearing a blue t-shirt" but once posted a video of himself doing yoga in his underwear. You can judge for yourself but the trading opened at $20 and has since traded down 40% to $12 per share.
FACEBOOK'S CLOSING PRICE ON OPENING DAY – Place Bets Here
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WHAT WILL MARK ZUCKERBERG BE WEARING WHEN FACEBOOK GOES PUBLIC ON MAY 18TH? ---- $50 LIMIT
WHAT WILL MARK ZUCKERBERG WEAR?
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- Aaron Goldstein, Gambling911.com
