3 Comments
 

Could be anything from 

- true nepo process and it just sucks for you 

- or the kid didn't really have a connection but was impressive and the "same hometown" just sealed it for the MD 

- or (IMO most likely) they decided not to hire someone FT near-term given the market environment and the freshman hire is unrelated to you / not a "long-term" hire like you would be, since he's years behind you

These types of things will happen throughout your career and the best advice is really just not to spend any mental energy on it. Even experienced people right now are getting ghosted in final rounds because firms are pausing hiring because of the market uncertainty.

Focus on being such a strong candidate they have to have you. The rest is truly just out of your control.

 
Most Helpful

Their budget changed or they knew this guy out of the gate and needed to post the job and make it look competitive.

Applied to a company for an internship got no where via their portal. My brothers friend handed it off to the hiring manager, ‘was perfect candidate and I’d call him today if I could but it has to come from our systems.’ Same company, close to a year later and levered another family member and got my resume to the CFO. I got a call from the head of university recruiting the following morning. It was not an interview, but a ‘tell me what you’re interested in your resume looks great. We may not have an opening there but have options in another business areas though.’ Did nothing with the firm, other opportunities came up, but the world still works that way.

Good news though, every other internal connection job opportunity failed to materialize (had others). I’m still successful by working and applying for the jobs I wanted. There was rejection along the way. Don’t fret over a miss, aim and take the next shot.

Only two sources I trust, Glenn Beck and singing woodland creatures.
 

Totam eius qui asperiores itaque voluptatem ut. Doloribus eos ipsum distinctio mollitia voluptate sapiente. Expedita mollitia quia occaecati autem tempore dolor. Repudiandae accusantium totam iste.

Corporis soluta ab dolores consequuntur ipsam temporibus. Perferendis eaque eos hic eos fugiat.

Career Advancement Opportunities

August 2026 Private Equity

  • The Riverside Company 99.6%
  • Blackstone Group 99.2%
  • KKR (Kohlberg Kravis Roberts) 98.9%
  • Warburg Pincus 98.5%
  • Vista Equity Partners 98.1%

Overall Employee Satisfaction

August 2026 Private Equity

  • Blackstone Group 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.2%
  • The Riverside Company 98.9%
  • Ardian 98.5%
  • Warburg Pincus 98.1%

Professional Growth Opportunities

August 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.2%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

August 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (99) $363
  • 3rd+ Year Associate (105) $280
  • 2nd Year Associate (235) $272
  • 1st Year Associate (413) $231
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (97) $134
  • 1st Year Analyst (272) $124
  • Intern/Summer Associate (38) $81
  • Intern/Summer Analyst (355) $61
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”