I don't think it really matters that much. As long as you have a proper project under development and something is actually done that you can show.
Indie Dev
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Indie Dev
Mysiath
Cunechan
I think as soon as the story and concept is decided and you started a bit with the project and are sure to make it now
Lore
Just look at mine :P
ClintHennesy
Lol. Uhm...... I don't know exactly- but I I know some people usually prefer it if there are screenshots or artwork to show that a bit has been done. xD For mine- I don't have any Screenshots cuz we havent even gotten to the engine yet. Haha. xD
Xyphien
Cunechan is right :) My project I had up as a concept, and it's now 3% done. Yet, it's still up there :) It's for whenever you wish to share the idea/development with everyone is when you can put it up there :D