Reneging Accepted FT EB Offer for FT Buyside?

Current senior who has accepted a FT return offer at an EB. Have an offer from a reputable PE shop to start as an analyst full-time. How discouraged is reneging on the IB offer? I understand it would not be worth it at all to renege for a slightly better EB/group, but is this more acceptable given it would be in a different industry?

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