A: "I wish I could write a dictionary for all the cool slang out there, but it's too big a task for me alone, and I can't afford to pay anyone else to do it."
is the solution to your problem.. I know -- you should make a website called urbandicitonary.com
, or something. People will just fill it up and edit and moderate all on their own, and you won't have to pay a dime!"
See also the X PRIZE, Wikipedia, Netflix Prize, Millennium Prize, etc.