I downloaded xcode 4 and created a single view application with storyboard.
I added two views to the segue and tied them back to the home screen. After that I must have done something weird. The only thing I can think of is that I put the iOS simulator on the dock. I've updated the project and the changes are not being reflected on the simulator.
What I think is the issue is that I have two iOS simulators on the computer. For some reason whenever I try to find one in spotlight or in the applications it only shows one. When I click on it it is the old iOS simulator from Xcode 3. So what I did was I looked at stackoverflow and it suggested cleaning and running the project. That did not work.
After that I looked harder and found that I should reset content and settings on my new iOS simulator. That's what I did and now when I build and run it it is saying that it can't find my storyboard.