this post was submitted on 07 Nov 2026
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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do IPOs go automatically straight into index funds? i thought they had to be added upon approval
Typically yes. But when there’s shenanigans involved….
¯\_(ツ)_/¯
It depends on the index! "Equal weight in the largest five banks in Lithuania" is an index. "500 large American companies chosen from a list of candidates by a selection committee in NYCt" is an index. "Every company on the Tokyo Stock Exchange" is an index.
I thought some would only do it after a year or so too to prevent these types of shenanigans too.