X

Based on the most helpful WSO content, taking the hedge fund internship at a startup is not a bad move, especially as a freshman. While it may not be directly deal-related, it still provides valuable experience and demonstrates initiative. As one user pointed out in a similar thread, having a fintech/startup or hedge fund internship early on is not frowned upon. It can help you gain real-world experience and take up space on your resume, which is beneficial when recruiting for IB or other finance roles later.

However, if your ultimate goal is to land an IB role, you should aim to secure more relevant internships in the following summers. For example: - Post-sophomore year: Target something finance-related, like a boutique IB or corporate finance role. - Post-junior year: Focus on securing an IB internship at a larger firm.

Networking will also play a critical role in bridging any perceived gaps in your experience. Use this internship as a stepping stone, and don't hesitate to cast a wide net for future opportunities. It’s all about building a strong story and showing progression in your career path.

Sources: Does it matter what B-school I attend for investment banking?, Non-Target Recruiting Guide Part I: Resume and Networking, Hedge Fund Careers: Getting a Hedge Fund Job Out of Undergrad and Beyond, https://www.wallstreetoasis.com/forum/venture-capital/internship-at-startup?customgpt=1, No IB offers for the summer...what now?