Originally Posted by studiocritic

i was at a business conference recently, held by an association of venture capital partners.. they talked about the components of pre-money valuation..

$500k-1M for the idea, and potentially $500k-2M for the domain.

for those of you who don't know what that means, basically the VCs are thinking that the domains are more valuable than the ideas they plan to put on there.

the web is catching up with real world business. in a large metro, the land you put your (failing) restaurant on is worth more than your restaurant.