Reneging sophomore internship? Already signed SA 2022
I'm sure given SA 2022 szn you all are aware that it was practically table stakes to have a sophomore banking internship if you wanted to have a shot at competitive junior year 2022 SA recruiting, especially if you're non-diversity.
I'm in that same boat - I have an upcoming sophomore internship at a tier 2for 2021 starting in two weeks, but here's the thing: I legit only took this t2 BB offer so I could leverage it to get into a tier 1 BB at a top group for junior year. Now, I've officially signed my offer for SA 2022 at said t1 BB, so this sophomore banking internship is entirely useless to me.
Most importantly, a really cool startup company casually offered me an engineering role for this summer, which I'm far more inclined to take, as the work is far more interesting, I'd learn more, and two banking internships in a row is quite repetitive.
I know there are probably a few kids in my position who already got their SA 2022 stint and are legit just going through the motions for SA 2021, so I'm wondering what would happen if I chose to renege on said t2 BB to go work at said startup. Would the t1 BB who already gave me an offer really care post-offer? My primary concern is that I wouldn't want to risk losing my SA 2022 position with t1 BB, since that actually matters to me, and I did indeed have the t2 BB on my resume when I interviewed with the t1 BB.
Do these places actually care post-offer? Would love if some actually qualified people - maybe VPs or Associates or folks close to recruiting at these banks - could weigh in.