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Comment by millspore | Hacker News Reader

Does inclusion in S&P 500 even happen fast enough after IPO to matter here, thought there was usually a wait period before index funds have to buy in?

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12 month waiting period plus 4+ quarters of profitable earnings before you qualify for inclusion.

These days? All rules are maybe this or maybe that depending on political winds.

Frankly, no company should be allowed to IPO without showing steady profit. An exchange or index that promotes IPOs of unprofitable companies diminishes its reputation, and the reputation of all other stocks it indexes.

Anthropic is free to continue selling shares privately. They can setup a website and take cc payments if the care so much.

> Frankly, no company should be allowed to IPO without showing steady profit

This is directly counter to the original point of public markets at all

There are rules for raising money as a startup, namely Series A, B and C funding rounds. To participate in these rounds you need to be an accredited investor (meet specific income or net worth criteria set by the SEC) which insure that you can weather the storm.

No.

The SEC's obligation is to all market participants, not just index fund holders.

Arguably if you consciously choose to invest on a stock there should be no protection or obstacle other than regulated controls. For indices I see the point of extra protection. Where it gets murky is when you look at retirement funds, where you still have no control, but that should be regulation on the funds themselves rather than the stock.

And denying market participant's ability to invest or short one of the most important companies in the world would be malpractice

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