TechnologyConcept companies are often the leader in a technology that is widely covered by the media with wild predictions for its future potential.
Charismatic LeadersFirms led by executives who say exciting things and aggressively take on risk. For example, they might make big acquisitions and often seek to raise more capital.
IndustryFirms in a young industry or that have a new type of business model.
Local ChampionsConcept companies that benefit from a home bias whereby locals see the firms valuation as reasonable but people in other countries view it as dramatically overvalued.
|Overview: Concept Company|
A firm that attracts a high valuation based on excitement for its business model, industry or products.