You could interpret the requested changes as a "no", they don't want to fund you, and that they don't have confidence in either you or your idea, or both. Some

You could interpret the requested changes as a "no", they don't want to fund you, and that they don't have confidence in either you or your idea, or both. Some venture people will fund people they like, because they have confidence in whatever they will do and figure out. You may be near that category for this funder. Or, perhaps time to continue looking for other support and funding. You are in the market for support and funding, and have not found your funding market. Keep going. But take note that they liked you. Consider the possibility that this requested change is the first of many, and that you perhaps may not agree with the next requested change. Is this the kind of advice you want? Are these the advisors you want? Do you trust them? Do they have something you need, besides money? Are these the fellow company owners you want? Perhaps it is the kind of advice you want or need. Get a better understanding of how the potential funder is correct and why you are wrong about your idea (or why you are still right). Even better, try to get a utterly ugly and bare-bones minimum-viable-product example running, so you can start testing your idea on your real market, the people who will purchase your product, and get feedback from those users to improve your idea and its functionality. Flickr.com, for example, started out as an online game, with a photo-uploading capability. They following the user interest to develop their idea and product.