As an example of a possible compromise, recall the risk/return efficient frontier.
If you are the principal investor in your venture, you may be willing to leave some potential return on the table, in exchange for dialling down risk to a comfortable level.
If funds are the principal investors, they have already dialled down their risk via diversification in the rest of their portfolios, and they will view any risk-adversity on your part as inefficient dead loss.
Solid base hit or swing for the bleachers? You may have the option to pick either strategy in the former case, but will not in the latter.
If you are the principal investor in your venture, you may be willing to leave some potential return on the table, in exchange for dialling down risk to a comfortable level.
If funds are the principal investors, they have already dialled down their risk via diversification in the rest of their portfolios, and they will view any risk-adversity on your part as inefficient dead loss.
Solid base hit or swing for the bleachers? You may have the option to pick either strategy in the former case, but will not in the latter.