Worried About a Reneged Offer From the Past - Should I Be Afraid?
Hey folks. I'm turning to this forum now in a time of need because I've benefitted from its guidance for years, and I'm finally near the end of my journey in college. I go to a known LAC in the northeast and have interned for both an EB as well as an LMM shop in the past. After a grueling summer spent in a top group, I realized I was not looking forward to going back to M&A for a two year analyst stint. I subsequently recruited for MM PE and got an analyst offer at a firm I was happy with just a few weeks ago.
The issue is this: my sophomore year, I spent time over the summer working at the LMM, which I at first accepted a return offer from for my junior summer. A spot opened up later my sophomore summer for the EB that I was waitlisted for, and I reneged on my LMM to go to the EB for junior summer. I had no regrets about this at the time; the EB no doubt gave me access to better recruiting like the offer I ultimately landed in MM PE.
However, the LMM and MM firms are both in the same space, and I've browsed LinkedIn to see that the partners are connected on there. What I'm worried about is the prospect of me coming up in conversation at some point and my renege on the LMM coming to light, which could then lead to my MM PE offer being pulled.
It's worth noting that I've kept in touch with a couple people at the LMM in the year since then, and while they were definitely sad to see me go, we have kept a cordial relationship. Do you think I'm screwed because of the close proximity of these firms?
Bump
LinkedIn connection does not at all imply they are close - and even if they're best friends, partners do not sit around talking about analysts... most partners could barely pick their analysts out from a lineup. you are fine
The main concern is around reference checks. Also worth noting that both firms are small enough that there's only a couple new analysts each year.
The partners aren't the ones doing the reference checks. Even LMMs almost always use a third party service that does background + reference checks together. And they saw the name on your resume before the interview, if they wanted to call they definitely would have done it then. Reference checks are with HR.
Yeah nobody gives a shit about you, PE Partners are NOT gonna "come up" with your name in a conversation.
Zero percent chance this is an issue.
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