I think it says a lot to get through the first round at more than one organization. Even if you took the risk and declined the first offers and ended up with no offer, you gain confidence in your idea(s) and an ice breaker to angel investors (who you'd have to actively find).
That you ended up with no offer could have just been a matter of chance: there were 33 strong companies and only 28 spots so decisions had to be made. So if the other organizations aren't willing to be reasonable, maybe taking the chance is the better choice.
That you ended up with no offer could have just been a matter of chance: there were 33 strong companies and only 28 spots so decisions had to be made. So if the other organizations aren't willing to be reasonable, maybe taking the chance is the better choice.