Why SAP Paid A Billion Euros For A 16-Month Old Startup

A 16-month-old startup. One pre-seed round. €9M raised.

Then SAP shows up with a €1 BILLION commitment. That’s not startup luck. That’s strategic engineering.

In this episode, Maria breaks down the real playbook behind one of the most fascinating AI acquisitions in Europe right now — from cap tables that quietly shape exits, to open-source positioning that turned a startup into infrastructure SAP couldn’t ignore.

If you think founders win by “just building a great product,” this episode may challenge everything you believe about startup growth.