[MCRed]

Background: 25+ years in startups, numerous financing rounds, more pitches than I could possibly remember

My perspective: Even the best investor- the one you're in love with that seems like a match made in heaven has a good chance of really hurting your company. In my experience the two causes of startup failure are bad decisions forced by investors, often involving forcing a co-founder out, or fights between the cofounders- often a result of an investor trying to force a bad decision on the company.

I would not take money from an investor who has identified "another client" with a specific niche, and this is even assuming they are desirable.

The reason: You're already going to know they are going to expect you to cater to their client and tailor your product just for that client.

Add onto that "many things that make it an undesirable partner".... walk away.

IF you're investable there are many choices. If this is your only choice- you'd be better focusing on what makes this your only choice and fixing that, than taking this money.