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For anyone out there who had their heart set on Stanford GSB, and only Stanford GSB, but learned they were denied admission this year: for what it's worth, I was denied the first year I applied to the GSB as well, but was admitted (and attended) the following year. It is absolutely possible. You'll need to understand and address any weaknesses in your application over the next year - whether that means retaking tests, taking on additional leadership roles inside and outside of work, showing quantifiable achievements, and/or getting more personal and crafting even more compelling essays. We at Stratus Admissions Counseling can help if you are interested - and in any case best of luck to you!
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Admissions are a crapshoot, but I have heard that most admissions committees (stanford included) respect candidates who re-apply. A lot of people have gone to Stanford over the years after applying twice or even three times! So don't give up hope!