William Blair Return Offers?
Waited till 2 weeks after SA left to asses needs and it’s already not looking good. What’s it looking like? How screwed is WB?
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Not good
Elaborate?
What happened to WB?
Shitty bonuses, lay offs, return offers aren’t looking good
Large group I was in faired well (~85%)
U mind dropping group? Would be very helpful was a SA this summer
Heard some groups were around half
WB slipping further and further.
I believe everything was around 75-80% except for the tech group which was substantially lower.
This is a lie
Not sure on this tbh hearing multiple angles that it was low
Heard some people are told to wait for extra two weeks and others were straight up not offered any spot. Anyone to share some insights?
Believe tech team is offering a waitlist to sa’s don’t think for other groups
Bump
Are these MM banks losing a lot of business from the BBs that have started their own middle market groups?
No, at least not what we’re seeing- relationships with sponsors, etc are pretty entrenched and the general sentiment is that the client would get less attention from a bb than from a dedicated mm bank
Sponsor deal flow fell off a cliff and hasn’t yet returned, which disproportionality impacts MM firms.
bump
Do you mean they waited 2 weeks after the SA ended to give returns?
There are two waves of interns at Blair and wave 2 started two weeks after wave 1. Most interns are wave 1. Majority of offers were communicated two weeks after the Wave 1 internship ended, which is also the last day of Wave 2. However, numerous people are on the waitlist and would expect to hear back at the end of August. Would love to hear some more insights on what the return rate is across different groups. Not in a big group so don't want to dox myself.
Any news on the interns who were waitlisted for return offers? How’s the conversion rate looking?
Looks pretty rough
Care to elaborate?
Friend is in tech survived the layoffs. Said his group offer rate this summer was 3/7
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