Most AI fundraising advice is performative gibberish disconnected from capital reality. Arjun Dev Arora, managing partner at Format One, breaks down why founders absorbing social media narratives about billion-dollar pre-seed rounds are setting themselves up for failure. 

Arjun reveals why traditional VC support models collapse post-check, how technical founders systematically mismanage board dynamics, and why the only defensible AI moats come from proprietary data loops.

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