�http://www.nbtequitiesresearch.com/report/bitzio-surpasses-40-million-app-downloadsand-they-are-just-getting-started�
It Took Twitter 24 months to reach 1 million users and it took Facebook 10 months to reach one million users. Bitzio, however, reached 10 million users in just 6 months, and now 40 million downloads.
As we stated in our original research report on BTZO� @ $10 average lifetime value per user (significantly below current lifetime user valuations for other mobile app companies) BTZO is on pace (and with 10MM users already at 10% of goal) to become one of the next 100 million user/$billion market cap mobile apps companies.
As their new acquisition Motion Pixel Corporation (MPC) starts cranking out thousands �of mobile �fan apps� from the extensive library of animated character licenses MPC brings with it (professional sports teams and entertainment companies) Bitzio is on target to build a network of > 100 million app users and� >one billion app downloads by 2015.
100 million users at $10 value per user is a $1 billion valuation.
Game on.
ttp://www.nbtequitiesresearch.com/report/bitzio-surpasses-40-million-app-downloadsand-they-are-just-getting-started
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