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I think it depends upon where you are in the process. If you find yourself in the fortunate (and rare) situation where you have investors competing to hear you, then wear whatever you want. Go in a bathrobe if it makes you happy.

If you are trying to sell something, your job is to make the person you are selling to like you and then forget about you because of what you are showing.

I do think there is a point to be made here, but in a more abstract sense than business presentations. Apple is actually a poor example because in their early days Jobs was often seen making presentations in suits.



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