The Value of a ConceptRecent posts seem to be a battle between "pumpers" and "dumpers". There are those who claim, with some justification, that BitGold is just a "concept".
but what is a good concept worth?
two young dudes start a company with nothing more than a concept and an algorithim to search the Web. They assemble a team of smart people and get some experienced venture capital to back the concept.
a decade later, Google is worth over $350 BILLION !