SAP agrees to acquire TechWolf, adding a test case for Ghent's startup flywheel
TechWolf CEO Andreas De Neve reported US ARR rising from $1 million to $15 million in 18 months and models serving millions of people. Co-founder Jeroen Van Hautte says the founder cycle matters to Ghent; local examples show a broader pattern, not a proven TechWolf effect.
By RuntimeWire Staff · Published
Primary source: Tech.eu
Why it matters
Van Hautte argues that TechWolf's growth can matter in Ghent beyond the acquisition: people who gain experience at a scale-up may later found or back companies there. Ghent has documented examples of that pattern, but the TechWolf deal's effect on future founders and investors remains unproven.
TechWolf co-founder and CTO Jeroen Van Hautte says Ghent's startup flywheel is "super important" as SAP prepares to acquire TechWolf. In a Tech.eu podcast interview published October 19th, Van Hautte described the flywheel as a cycle in which people from successful startups go on to launch companies or back other founders.…
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