Reddit, Inc. (NYSE:RDDT) is known for its sprawling communities and viral "Ask Me Anything" posts. Its journey has also been filled with quirky milestones and lesser-known stories. As Reddit turns 20 years old, it remains a hub for both mainstream news and the internet's most obscure trivia.
Here's a look at the social platform's best-kept secrets and odd historical footnotes.
- Reddit was launched on June 23, 2005, by University of Virginia roommates Steve Huffman and Alexis Ohanian.
- The site was built and launched in just 20 days after a push from Y Combinator's Paul Graham.
- In fact, the first 1,000 visitors to Reddit came after Graham mentioned the platform in a widely read essay on startups.
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- The site's mascot, Snoo, was drawn by co-founder Ohanian before Reddit even had a name.
- Early on, Reddit's founders promoted the site by placing stickers around Boston.
- They also seeded the site with fake accounts to make it appear more popular in its early days.
- Reddit began accepting Bitcoin for Premium subscriptions in 2013 -- an early move into cryptocurrency payments.
- In 2021, the most popular "Ask Me Anything" (AMA) post, with over 90,000 upvotes, was "I’m a lobster diver who recently survived being inside a whale."
- The most commented post ever had over two million comments.
- Reddit hosts over 16 billion comments annually, with an average of 45 million comments per day, according to CropInk.
- The most popular subreddit is /r/announcements, with over 100 million subscribers.
- The majority of Reddit users -- 61% -- are male, according to Statista.
- Canada has the highest Reddit penetration rate, with nearly 45% of its population aged 13+ using Reddit.
- Reddit draws approximately 1.1 billion monthly active users as of 2025, making it one of the largest social platforms globally, according to HubSpot.
- Reddit's average session lasts about 16 minutes and 41 seconds, with users viewing 5.26 pages per visit, according to Exploding Topics.
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- Users aged between 13 to 24 years are the fastest-growing demographic on Reddit, with a 25% increase in sign-ups in 2024 alone.
- Reddit is the most preferred platform among tech-savvy users aged 18-34.
- Reddit's business is thriving: its fourth-quarter 2024 revenue was $427.7 million, up 71% year-over-year.
- Reddit's market cap is approximately $26.3 billion following its IPO in March 2024, according to Benzinga Pro.
- Reddit's annual revenue hit $1.3 billion in 2024, primarily from advertising.
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