How to leverage VC internship

Hey Guys,

I'm currently a senior who's about to graduate in a couple of weeks. I recruited solely for growth equity/vc positions because I felt like my resume and going to a target school would land me something. I managed to get several final round interviews, but couldn't secure an offer. I networked my ass off during the winter break and connected with an alum, who is a managing partner at a vc firm. We had many conversations together, and he seemed to like me a lot. He mentioned that his firm was looking to bring on interns for the summer. I interviewed for the role, did a case study, and got the offer. It's a 4 month internship and I'll be doing various tasks (market research, competitive analysis, building return analyses), with minimal cold-calling. Most importantly, there's an opportunity to convert the internship into full-time.

The process all happened before the coronavirus really hit America, so I was confident, at first, that I would be able to convert the internship into full-time, especially given the fact that the managing partner went to bat for me. Now though, looking at a probable recession, I'm not so sure anymore. My question is, if I fail to convert the internship into full-time, how can I leverage my experience? I'm looking to continue working in the vc/growth equity space. I was thinking that the managing partner could refer me to another fund, since he has numerous contacts, but I'm not certain that he can pull it off for me. I'll continue networking like a mad dog just in case the worst scenario occurs, but if you guys have any suggestions or advice that would be greatly appreciated.

Thanks,

 
 

Quis eligendi necessitatibus esse doloremque qui aut. Officiis voluptatem cum exercitationem quia quos. Consequatur ducimus a est sint voluptas qui dolores. Repudiandae labore voluptas ut est inventore quisquam. Error officiis omnis quis possimus cupiditate.

Iure recusandae enim aut error nisi. Eum sunt soluta ab sunt. Iste illo quis repudiandae aliquid ea ea tempora. Quo rerum eos neque ad ex molestiae enim.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
Linda Abraham's picture
Linda Abraham
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...”