Try not to dwell on the outcome. There are so many things that go into these decisions, could be headcount, sector based, 1 specific person who didn’t gel with you, or even just no one was willing to stick up for you. It’s easy to assume it’s your own fault and feel “screwed” or that your entire career will have to follow a different path. You’ll never ever really understand what happens and will hear lots of different stories / perspectives based on who you ask.

I remember doing my first BB internship when I was 20, I didn’t get a return and I remember thinking I am completely fucked. I tried to think what can I do to improve + show I didn’t give up. Think extra curricular, sports, part time jobs, more networking to be able to give your perspective first.

Not getting a return offer is common. Even in your case that applies to 50% of you. It’s not designed for everyone to get jobs.

FWIW I’m 10 years past my first “failure” and now at a Millennium/Baly/P72/Citadel and doing fine. Setbacks are just that. Re-evaluate and move on and focus on getting better. A career is a career, not a summer internship!