Weird Recruiting Story, What to Do?

Received an offer from a small VC firm in SF for S25, (team is 6 people), I'm a Canadian and they said they would sponsor. 

My offer was pulled by HR 3 business days after the offer got sent, then I got a call from the partner 2 hours later (practically begging) me to join and how it would be a great experience. I ended up going with another offer, but said I'd be open to join for Summer 2026. Partner said they would work on it, but there has been no communication since. 

I almost thought this was a scam shop at first given the very informal recruiting process, and the fact that such a small firm is willing to sponsor. I graduate in May 2026, so this would be a post-graduate stint for fun. 

The alternative would be a grad trip, but I'm currently an intern in M&A and would like to explore different asset classes. Thoughts? 

2 Comments
 

This is quite the rollercoaster of a recruiting story! Based on the most helpful WSO content, here are some thoughts and advice:

  1. Assess the Firm's Credibility:

    • The informal recruiting process and the sudden withdrawal of the offer by HR are red flags. While small VC firms can sometimes operate less formally, the inconsistency in communication and decision-making raises questions about their professionalism and stability.
    • If you’re still considering them for Summer 2026, do some due diligence. Research their track record, portfolio companies, and team members. Reach out to past or current employees (if possible) to get a sense of their reputation.
  2. Sponsorship Considerations:

    • It’s unusual for a small VC firm with fewer than six people to sponsor international candidates, as sponsorship can be costly and complex. This could indicate either a genuine commitment to you or a lack of understanding of the process on their part. Be cautious and ensure they have the resources and experience to follow through.
  3. Alternative Plans:

    • Since you’re graduating in May 2026, a post-graduate stint in VC could be a great way to explore a different asset class, especially if you’re coming from an M&A background. However, given the uncertainty with this firm, it might be worth keeping your options open and exploring other VC or asset class opportunities.
    • A grad trip is also a valid option, especially if you’ve been grinding through internships and school. It could provide a much-needed break before diving into your full-time career.
  4. Next Steps:

    • If you’re still interested in the firm, follow up with the partner to gauge their seriousness about bringing you on for Summer 2026. Be direct and ask for clarity on their plans and timeline.
    • Simultaneously, continue networking and exploring other opportunities in VC or related fields. Don’t put all your eggs in one basket, especially with a firm that has shown inconsistency.
  5. Final Thoughts:

    • Trust your instincts. If something feels off about the firm, it’s okay to walk away. Your time and career are valuable, and there are plenty of other opportunities out there that might align better with your goals and provide a more stable experience.

If you’re leaning toward exploring VC further, consider targeting more established firms or those with a clearer track record. Good luck!

Sources: Current IBankers: What would you do if a summer candidate reneged another offer to sign with your firm?, PE Lateral Recruiting Advice/Stories/Help?, Accept CS early offer or roll the dice?, Leave well-known MM ER firm after 2-4 months for new VC firm?, Navigating Recruiting at Target Schools

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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