Excalibur IB in Washington DC is a Ponzi scheme
Students, do not apply to this internship as the firm is a complete joke and actually has made up deals. The guy running it is some tool named Edward Novicky which actually thinks he’s an absolute hoss. Can anyone else confirm if they have talked to this guy or have done the internship?
I had an “interview” here a while ago…
Dude showed up to the zoom in a T-shirt and the call lasted 10min. Told me I needed to follow his instagram account and linkedin page to be considered for the internship. Said his firm focused on deals ranging from $50M-$1B?
Weird stuff. Wonder how he benefits from doing all of this.
Yes I quit the internship after a week. Complete waste of time, but if you have absolutely nothing on your resume at least it has investment banking in the name.
Lots of students “intern” at these questionable firms I’ve seen it all over. They flood their LinkedIn with relevant experience and some firms don’t care enough to do the due diligence of checking if it’s a real firm😭😭
Had this internship in the spring, and it was definitely the most useless experience ever. Echoing folks in this chat about this firm....also wondering how this dude benefits from interns churning out Excel sheets
I’ve heard it’s a power kink for him. It really gets his rocks off to have interns pushing out PowerPoints that are useless. He’s the PDiddy of IB I’ve heard
Confirmed. He told me to decline my MF PE offer for his firm as I would gain a better experience under him.
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