Firm Thinks I'm Lying About Offer

Wanted to get your thoughts on this:

I'm in multiple lateral processes and ended up receiving an IB offer. A day after I got the offer, I mentioned it in a middle-stage round at another firm and asked to expedite so I could weigh my options. They asked where the offer was from, and I politely declined to name the bank. He flared up and said it was abnormal to not name the bank and that he would just check LinkedIn to see if I was lying afterward. I didn't name the bank since I met with the entire team I got the offer from and didn't want to damage any rapport for obvious reasons if this firm calls and they find out I was interviewing elsewhere and not accepting their exploding offer.

Thoughts on this? Thought it was super strange for a reputable firm to do this. I ended up declining the exploding offer and told the firm I was interviewing with that I wanted to stay in the process. They haven't responded to me since and were forwarding the email around. Can't understand why you would ever be this hostile to someone you're thinking about hiring.

4 Comments
 

Why would it have mattered if the offering firm learned you were interviewing elsewhere? Every hiring group understands that 1) lateral candidates will be involved in multiple processes, and 2) you accepting their offer isn't a given. If anything they may have been more inclined to sweeten the offer had they learned another group was pursuing you.

While I agree it was very weird of them to flip out, I think you may have been a little excessively cautious here. He thought he caught you in a bluff, and as far as he can tell (given you came back saying you wanted to continue the process) probably feels that he's been proven right. 

 

I hate playing politics, so having the chance of the offering firm hear I was interviewing elsewhere just puts me in an uncomfortable position that I wanted to avoid. Given I met with some of the team in person and the head of the group, I felt like it would show I didn't have as much intent on joining as I mentioned. 

I also agree with you that he probably feels like he caught me in a bluff, which is why they haven't responded. Funny because he's wrong. Just a weird situation, and honestly wouldn't want to work closely with someone like that. 

 
Most Helpful

Do not listen to this guy. You are not in the wrong at all for not giving the bank name. For all you know these guys could have called up the bank and messed up your offer, especially given how he acted initially to you not sharing. Protect yourself at all costs - anyone with 2 brain cells knows this.


Not surprised they aren’t moving forward with you, not because you did something wrong necessarily, but IMO blowing up to you just politely declining to share the bank name (again very within bounds) seems indicative of their culture. Prob wouldn’t want to work with them anyway 

 

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