When I was in college, guys usually pretended they were in a band. Now, they pretend they are in a startup. The times have definitely changed.Dustin, one of my developers, send a link out on a blog posting about how college kids are pretending to be doing a startup company in college to... get this.. pick up girls. The whole story's on BusinessPundit.com.
David Cohen talks about how the real value in startup land isn't ideas, it's the ability to execute.
I think he's right, but I'd also say that.. at least for the time being.. just an idea (and a photoshop mockup) might actually be useful for at least one thing that's important to every guy in college I've ever known.