But your pension fund will pay if it does
https://www.youtube.com/watch?v=ZAZRZcVM14E&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260508-openai-may-not-be-able-to-ipo-in-2026 - podcast
time: 6 min 18 sec
But your pension fund will pay if it does
https://www.youtube.com/watch?v=ZAZRZcVM14E&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260508-openai-may-not-be-able-to-ipo-in-2026 - podcast
time: 6 min 18 sec
This sneaky way of getting on the index from day 1 makes me so mad. Are the index funds really contractually required to follow the exchange’s definition of index? I guess they are. It feels skeevy as hell that one company can skirt the rules this way however.
Yes of course they are obliged to follow the index.