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Episode #9 — Funding Meets AI Governance: Turning AI Hype Into Fundable, Defensible Companies In this episode of AI Governance with Dr. Freddie Seba, Freddie sits down with Vijay Rajendran—Venture Builder at gAI Ventures, author of The Funding Framework, and UC Berkeley Extension instructor—to translate fundraising and venture-building signals into board-ready AI governance. AI is moving fast, but boards and executive leaders face a recurring oversight problem: the most persuasive AI story is not always the most durable one. Vijay argues that AI adoption is a leadership and change-management challenge disguised as a technology decision. The governance question is not, "Which model should we use?" It is: What must be proven—operationally, economically, and ethically—before we scale? This conversation gives boards and senior leaders practical criteria to pressure-test AI initiatives before momentum turns into lock-in: How to validate the real problem, not just the loudest demo How to assess defensibility: moats that survive competition and commoditization How to measure transformation readiness across people, process, integration complexity, and incentives How to make a build-vs.-buy governance decision while reducing vendor dependency, preserving data portability, and avoiding irreversible commitments How to define success metrics that reflect adoption and outcomes—not vanity traction How to structure pilots so they produce decision-grade evidence, with clear hypotheses, test plans, and stop/go thresholds. Why starting with underinvested functions, often HR or legal, can generate cleaner before/after proof—then scale responsibly. If you are a trustee, board member, CEO, provost, or senior executive, this episode is designed to help you govern AI like a portfolio of consequential decisions—not a collection of tools. Guest Vijay Rajendran | Venture Builder, gAI Ventures | Author, The Funding Framework | UC Berkeley Extension Instructor More info: / vijayarajendran Newsletter companion This podcast is a companion to Dr. Freddie Seba's AI Ethics & Governance for Leaders newsletter, published Mondays. https://freddieseba.com Show AI Governance with Dr. Freddie Seba Practical guidance on AI oversight for boards, trustees, and executive leadership. Managing AI governance and ethics in a growth environment—real, bold, impactful, in plain language. Host Freddie Seba AI Keynote Speaker | AI Ethics Speaker | AI Governance Workshop Leader | Podcast Host | Newsletter Creator | Faculty-Practitioner | Silicon Valley Founder + Former Exec | MBA (Yale) • MA (Stanford) • EdD (USF) / freddiesebaprofile Listen / Watch Substack: https://freddieseba.substack.com/podcast YouTube: / @aiethicsandgovernance Spotify: https://open.spotify.com/show/5ebJiki... Apple Podcasts: https://podcasts.apple.com/us/podcast... Educational content only; not medical, legal, or financial advice. AI-assisted drafting; final editorial control by the author. © 2026 Freddie Seba.