This summer I was planning on returning to a large software company (Company A) for a second year of internship. Between when my prior internship ended and the present I've since partnered with someone incredibly intelligent and have formed a company. We've been accepted to a startup incubator, have an excellent network, and have been doing extremely well in all the competitions. Funding is beginning to roll in, and I find that I am no longer interested in interning with Company A.
The timeline looks something like this:
- Late Summer 2016- When asked if I was interested in interning at Company A in 2017 I said "yes"
- Early Jan- Company A paperwork finalized, offer letter received and accepted.
- Late Jan- Met with (now) co-founders
- Mar- Accepted to accelerator, offers for funding begin to roll in
- Now- Funding continues to pile up and competitions continue to be won. Other founders are turning down offers for summer internships/full-time positions
I realize that this seems sudden, but assuming that I intend to "quit" my internship, how can I so in such a way to preserve my relationship with Company A? They have a reputation for hiring those who intern with them, but at the same time I've heard that being associated with startups can hurt your chances with established companies.
I have an excellent relationship with the HR person who works closest with the interns, so it wouldn't be out of place for me to ask for a phone call with her.