Brief story: I tried to game the system by interning at a hedge fund rather than an IB my junior year. I was made an offer but the fund closed shop, so I kind of got screwed. I took a law firm job right out of school--none of the banks were recruiting people that hadn't already interned, at least at my school.
Basically weighing two job offers:
1) Job in ops at a well-funded tech startup
2) Operational role in commercial RE
I figure (1) might give me a chance of getting Goldmanpost-MBA (the startup is pretty sexy). which seems to get some interested from headhunters, whereas (2) might be an avenue into real estate PE which is less institutionalized than the rest of the PE industry.