MrNow,
"1 in 10 chance to make 20 times your investment within 18 months"
"Assuming 30K is raised"
"The intent is to create web sites that generate $600K a year minimum"
So, your thought is, you get 100 guys to put in $300 each. You brainstorm online and come up with and execute on an idea for less than $30k total cost. And you give youself a greater than 1 in 10 chance that this site is going to generate $600k+ per year.
Your pitch here is ridiculous. What you are asking here is for people to toss $300 towards a lotto ticket. Not that there's anything wrong with that. But saying things like "1 in 10 chance" about this make you sound more like a con artist than anything else.
"Look at what
www.youtube.com has done."
YouTube has taken over $12M in funding.
"The people with no imagination are not reading this any longer. So now I name a site that is generating this kind of cash:
www.plentyoffish.com. Go there and ask yourself if you might like to have 1/100th of that."
I guess the picture of that check got you excited.