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Re:Stock and Bond Markets Dethroned: Private Fundraising Is ... by MR4D on Wednesday April 04, 2018 @12:11AM (#16751824)
You’re confusing the maintainer of the index’s ( Standard & Poors) with the implementation (Vanguard).

If S&P puts a company in, Vanguard will buy the shares. Not doing so could cause problems, including lawsuits.

Re:Stock and Bond Markets Dethroned: Private Fundraising Is ... by kspaans on Thursday April 05, 2018 @05:01PM (#16768750)
Yes, and as I said the S&P500 index excludes companies like Snapchat with the founder-has-most-votes trick. I suppose the real issue here is how much money goes into which indices, and which ones exclude companies like these.