IANAL. Correct me if I am wrong, but an investor's main interest to make money. They want you to succeed. If for some reason they are just milking you for in

IANAL. Correct me if I am wrong, but an investor's main interest to make money. They want you to succeed. If for some reason they are just milking you for information, remember you aren't under any obligation to tell them all your secrets. If the investor isn't a board member, you don't really have to tell them anything at all. Don't stress too much about your investors. The only thing you can control is focusing on building a killer company. And you may find that your "competitor" sells a similar product to a different customer base, effectively making them not your competitor.