MM HF exits-what happens when it doesn't work out?

Hey, I'm a college senior who has recently signed an offer with one of the large MMs to do equity L/S.

It's obviously a little late for me to be thinking about this, but where do people go when they want to leave/get fired? I've seen some bounce around the MMs, but is there hope to go to a SM HF or an AM(or other places for that matter?)

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