The reason I strongly disagree is that I was intimately involved in the VR (vacation rental) space at that time. I have seen those articles before, and yes, both Fred Wilson and pg missed seeing the potential benefit, but in my opinion despite their phenomenal success otherwise, this "miss" here was just the miss in their minds, not the space more broadly.
My understanding is that one of the first big investors in AirBnB did so because he was familiar with the VR space. Being very familiar with the holes in user experience and technology at the time with VR websites, it was not a leap in my mind at all to see how a winner was destined for the space.
Ah, this context makes things clearer—and is quite interesting! I think we may have been talking at cross purposes. I was talking about the mind-misses.
My understanding is that one of the first big investors in AirBnB did so because he was familiar with the VR space. Being very familiar with the holes in user experience and technology at the time with VR websites, it was not a leap in my mind at all to see how a winner was destined for the space.