Hims and Hers CEO Andrew Dudum is now at the center of a firestorm after he took to social media to praise the “moral courage” of pro-Hamas mobs and offer jobs to anti-Israel protesters.
Dudum sparked outrage when he claimed companies are “eager to hire” anti-Israel protestors.
In a post on X, Dudum said: “Moral courage > College degree.”
“If you’re currently protesting against the genocide of the Palestinian people & for your university’s divestment from Israel, keep going.
“It’s working,” Dudum urged.
“There are plenty of companies & CEOs eager to hire you, regardless of university discipline.”
Dudum then added a link for anti-Israel protesters to apply for jobs.
Moral courage > College degree
If you’re currently protesting against the genocide of the Palestinian people & for your university’s divestment from Israel, keep going. It’s working.
There are plenty of companies & CEOs eager to hire you, regardless of university discipline.…
— andrewdudum (@AndrewDudum) May 1, 2024
The post provoked a widespread backlash, with many threatening to boycott the company.
You are about to be Bud Lighted. pic.twitter.com/SsXkydkcsT
— The Defiant Jew מרדכי 🇺🇲✡️🇮🇱 (@sfgaypatriot) May 2, 2024
Shortly after, the erectile dysfunction (ED) company’s stock value severely flopped and shows no signs of recovering any time soon.
Investors immediately went soft on Hims and Hers stock, causing the firm’s value to plunge nearly $210 million in a single day.
The stock plummeted by 8% on Friday — pummeled to $11.26 from an opening price of $12.24.
The market cap of the company opened at $2.62 billion and closed at a bone-crushing $2.41 billion.
$200 million in market cap decline today
IYKYK pic.twitter.com/AU1Ulk49vB
— Mark Suster (@msuster) May 3, 2024
Following the market bloodbath that would keep anyone up at night, Dudum scrambled back to social media to “clarify” his comments.
“The last few days have been a disheartening reflection of just how divisive a time we live in,” Dudum said in a follow-up post on X.
“I’d like to clarify a few things because my words have been misconstrued by some.
“I, in no way condone nor support acts or threats of violence, antisemitism, or intimidation and there is absolutely no justification for violence on our campuses.
“Every student deserves to feel safe without fear of harm or being targeted for who they are.
“I am deeply saddened that my support for peaceful protest has been interpreted by some as encouraging violence, intimidation, or bigotry of any kind.”
I, in no way condone nor support acts or threats of violence, antisemitism, or intimidation and there is absolutely no justification for violence on our campuses. Every student deserves to feel safe without fear of harm or being targeted for who they are. I am deeply saddened…
— andrewdudum (@AndrewDudum) May 5, 2024
Dudum’s initial tone was markedly different from other CEOs who derided or vowed not to hire student protesters.
Palantir CEO Alex Karp had blasted the protesters last week saying they should be shipped off to North Korea as part of an “exchange program” to give them perspective.
Meanwhile, Bill Ackman, head of Pershing Square Capital Management, was among the first to publicly declare he wouldn’t hire students from Harvard who signed a letter allegedly blaming Israel for Hamas’s brutal October 7 terror attack.
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