Career Advice: Did Not Receive A Return Offer From VC

Hi everyone,

Looking for any and all advice as I am in a bit of tough position. For some background, I graduated last year from a non-target with a major in Philosophy and a minor in General Business. I was able to leverage my network and landed a 6 month internship with a small healthcare VC with ~100 AUM. Fast forward to the present day, I unfortunately did not receive a return offer. I was told this was because one of their analysts was returning from a portco and there would not be enough room in the budget to bring on another analyst. So I departed on good terms and received letters of recommendation from the partners.

Although this was a blow I am remaining optimistic and excited, but am still pretty lost. I've done tons of research on what the best next steps would be and have enrolled in courses to strengthen my modeling skills and to learn some coding to make myself a more desirable candidate. My interest in finance happened late in college(reasoning for my major choice), and the amount of different career paths you can take is pretty overwhelming when you're not familiar about what exactly they can entail/lead too.

To get to my question, I'm really just looking for a point in the right direction. I consider myself a creative person, and in the long run I'd like to create my own business concerning something I'm passionate about. However, I am realistic and I know that most business fail, so I'd like to have a solid foundation so that 1) It will help me develop into a capable entrepreneur, and 2) I could pursue some sort of High Finance role, which I do find intriguing, if I were to fail as an entrepreneur. I honestly am unsure about the weight that my internship will carry. I've been told that it it is not worth much, and that top financial institutions won't value it. It seems like I'm not the best candidate for a role in IB, Equity Research, or even staying in VC/any buy side role, so I am unsure if I should even be attempting to pursue these jobs. I've looked into Wealth Management and FP&A as well, but I just don't know what will give me the best career trajectory, what is realistically attainable, and just what the hell I should be doing right now to get back on track.

Apologies for the long post. I tried to fit everything in, and I can answer any questions you may have. I really would appreciate any advice you can offer. Thank you all in advance.


WSO automatically moved this post from the Job Search Advice Forum to the VC Forum so apologies if this doesn't belong here.

Most Helpful

Possimus consequatur inventore aut animi odio at. Neque quo saepe et aliquid quo distinctio ad. Earum eum molestias sint minima totam doloremque. Dolores omnis aut veritatis ullam.

Eligendi accusantium est quis. Eum nam fugit est facilis magnam tempore. Maiores quasi qui est ipsa. Exercitationem odio sint dolor maiores.

Earum unde nulla impedit et impedit rerum exercitationem. Accusantium ipsa quos qui doloremque et sint sed. In quod excepturi rerum corporis placeat et cum. Sit nihil minima delectus velit repellendus. Libero quo provident et et officia. Fugit quia numquam tempore quibusdam et nesciunt magnam.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.9%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 04 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
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...”


redever's picture
Secyh62's picture
BankonBanking's picture
Betsy Massar's picture
Betsy Massar
dosk17's picture
GameTheory's picture
kanon's picture
CompBanker's picture
Kenny_Powers_CFA's picture
numi's picture
From 10 rejections to 1 dream investment banking internship

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