I think many of you are missing the forest for the trees. If the idea were profitable, I wouldn't be looking for seed money. If the implementation of my idea were very refined, then it would be a mature product and not a working prototype.

The idea now is a working prototype of a site where users can create lists of videos. That's all the idea is supposed to be. Right now, it's very rough around the edges with lots of usability issues. That's why I need seed money to work on it and make it user-friendly, add features, move features, etc.

If I may paraphrase Paul Graham, implement an idea that the founder himself needs. In my case, it's lists of videos I can find all over the Internet. To quote Paul Graham again, release early, release often, and surprise your users by constantly listening to them and revising the product.