Even after YC and with the full support of PG himself, AirBnb was turned down by one of the top VCs in the country:<p><a href="http:&#x2F;&#x2F;www.paulgraham.com&#x2F;airbnb.html" rel="nofollow">http:&#x2F;&#x2F;www.paulgraham.com&#x2F;airbnb.html</a><p>And that&#x27;s just one public example. (Chris Sacca also turned them down.)<p>Empirically it would be shocking if they were the only 2 investors who had the opportunity to invest but didn&#x27;t.