[ScottWhigham]

I think you are confusing "greedy" with "opportunistic" and "risk averse".

You said, "I've been working on my new start-up for 3 months now... both me and my co-founder are pretty much broke since we've been working on this only, so we won't be able to proceed without some kind of investment" - that's telling me that you are desperate. If you are seriously that desperate, then you are a huge risk. The potential investor likely feels the need to see a bigger ROI potential before getting into bed with you.

In this post, at least, you haven't set yourself up as someone worth investing in - the two of you started a business yet failed to do so with enough money to even last four months, you are currently broke, and neither of you know any other potential investors. From that pithy description, it sounds like your business is on the brink of disaster. I know this is an abridged form of what you are going through but you just sound risky. I'm surprised that anyone is interested given that baggage.

I'm not trying to be disparaging but let's call a spade a spade: this isn't a "greedy investor" story; it's a story of two entrepreneurs who started a business without enough money and planning.

I'd suggest you move to working part-time on the project to get an MVP and then look to grow it over a few years. Taking on a 60% investor is mind crushing - that leaves 20% for you and 20% for your partner. Ouch.