I don't think pooling different entrepreneurs with different visiions is the answer.
A solid business plan is important, but there are also other details that are going to affect your success in attracting venture capital. Some of it depends on what the idea is. Different people like to invest in different types of companies, which is their right; it's their money, after all. They also like to invest after "proof of concept," at least on a small scale. (Not just plausibility on paper, but an actual test, not only of the invention, but of the market.) Perhaps most of all, they like to invest in an entrepreneur they see as a "winner." In these days of tight financing, the bar is set pretty high for all those factors.
For example, are you trying to fund your idea of relocating refugees from Myanmar? Your idea of creating floating airstrips, like aircraft carriers? Your idea of stopping tsunamis with bombs? Your idea of putting out any forest fire in one day? Your idea of injectable nanotechnology? Your idea of car-sized desalination plants to provide fresh water to California? Your idea of self-publishing a book and marketing it on Amazon? Your idea of mobilizing thousands of detectives to recover victims of kidnapping? Your recent idea of a website to compete with Triond and Ezine? Your earlier idea of a website to compete with Facebook? Your latest idea of making a low-cost movie?
Are you starting to see a pattern? A potential investor will, and I don't think you're going to like what the investor is going to think. (Whether they are right or wrong is irrelevant; they're the ones with the money, so their impressions are what matter.) They're going to think that you are A) a guy with a new "big idea" every few weeks who will not bring the current proposal to profitable completion before he gets distracted by the next "big idea," and/or B) a guy with delusions of grandeur.
Again, it doesn't matter if either of those is true. It matters what impression you give to the people with the money. Neither of those impressions is going to attract capital.
You are going to have to pick an idea that is small enough for you to prove the concept (that is, to make and sell a few) without an outside investor. This may not be the idea you are currently working on, but because you don't yet have a team in place, you won't be letting anyone down by putting it aside for a while. You're creative enough to come up with a lot of ideas. Find one that can be started up on a shoestring budget. In the process, you will be proving to prospective investors that you do, in fact, have the attention span to stick with one idea long enough to make it work.
After achieving some success with that idea and repaying the investor(s), you can start pulling in profits to jumpstart the next idea, perhaps a bigger and more expensive one. You will also have a positive track record that may make it easier to attract a bigger investment.
I wish you all the best. I think you may have something to offer, but I also think it's going to be a long row to hoe.
Agree with @falsi....VC is not a charity...it is a business. Their money is not necessarily sitting on the sidelines...they are available for a viable business plans...
Venture capital is not given to anyone who asks.
You need to have:
a good idea for a product or service
a good plan to execute
good people to execute the plan
a plan that shows everything you will do for the next 5 years.
very good chances for the VC funders to make money
a plan that others agree is viable
Do you have a detailed business plan that covers all of that?
"obviously"--a different approach has to be used for those
who have not sufficient funds to hire engineers and
attys.
Would it be better if 3-12 entrepreneurs pooled their biz plans
and sought one larger single pool of $?