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Reddit JUST announced it is going public under the symbol $RDDT
Reddit JUST announced it is going public under the symbol $RDDT Quick metrics: - 100,000 communities - $804 million in annual sales for 2023 - 73M daily active users - ~$10B valuation Why this is cool... Reddit has been just quietly doing its thing for 18 years. It's TODAY's reminder that you don't need to build something that goes crazy viral to build a $10B outcome. And communities compound. Just keep going.
Performance
Key metrics and engagement highlights
Views
351,926
6.4%
CTR
5.50%
36.1%
Retention
72.3%
4.4%
Engagement
0.57%
69.8%
Growth
0
100.0%
Content mix
How this thread is built
Images | 88% | |
Text only | 13% | |
Read time | 1:03 |
Audience retention
How far readers make it through the thread
Average Tweets read5.1
Reddit JUST announced it is going public under the symbol $RDDT
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This thread
Typical retention not available
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Full Thread
Hook and key tweets
Reddit JUST announced it is going public under the symbol $RDDT
Quick metrics:
- 100,000 communities
- $804 million in annual sales for 2023
- 73M daily active users
- ~$10B valuation
Why this is cool...
Reddit has been just quietly doing its thing for 18 years.
It's TODAY's reminder that you don't need to build something that goes crazy viral to build a $10B outcome.
And communities compound.
Just keep going.
Notes
Add observations or ideas tied to this thread