Dear hustlers, founders, operators and visionaries,
Anthropic is reportedly weighing a deal that would value it at close to $1tn as revenue accelerates, a number that used to belong to public-company stalwarts and oil majors. Meanwhile, a robot has been welcomed into a Buddhist sect in Japan. Things are getting weird. Follow the Gradient and stay tuned.
PS: Has this e-mail been forwarded to you? Sign up here.
Your talk track for this week’s cocktail party
DeepL cuts 250 jobs and writes the new AI-layoff playbook
DeepL is letting 21% of its workforce go and reshaping the company around AI from the inside out. Founder Jarek Kutylowski framed the cuts as "completely reshaping how we operate, with AI at the centre", a memo Business Insider is already calling the template for AI-era layoff announcements. Cologne HQ takes the brunt.
We made this list on current job openings in the Greater Cologne area.
QuantWare lands €152m to build the world's largest quantum fab
Dutch quantum startup QuantWare raised €152m to build KiloFab in Delf, the largest deeptech round ever closed by a Dutch company, and the largest private round any dedicated quantum-processor company has done globally. Intel Capital and In-Q-Tel joined the syndicate. Europe's deeptech bench keeps quietly getting deeper.
Brussels rolls back the toughest parts of the AI Act
EU legislators agreed to delay the toughest AI Act deadlines by more than a year, pushing high-risk AI compliance to 2027 and largely exempting industrial AI applications. A major win for Germany and Europe's manufacturing base.
What do you meme?

From the community
Theresa is looking for a Technical Co-Founder to grow her venture in AI Real Estate SaaS: PropStage.ai. Let us know if you want an Intro.
Food for thought
Should you track talent like a VC tracks founders?
Finding top talent is hard. Reality is: when you open a role, it’s already too late. The best operators don't wait for that. They run Brian Chesky's playbook: work backwards from work you admire to find the actual creator behind it, and maintain an ongoing list of your top two or three candidates from talent clusters like the OpenAI and Anthropic alumni mafias. Track your talent as if you were a soccer scout!
What does a €200m exit actually pay the founders?
The math from this breakdown: €100m invested at a 1.5x liquidation preference means investors take €150m off the top. €50m left for three founders, structured as €5m cash at close each and €35m in 4-year earnouts tied to the ambitious post-close targets they pitched. So: most earnouts never land. Is it better to bootstrap in quiet than to raise with a bang?
How long to PMF?


Is the shape of your company the new moat?
In an AI era where products, categories, and even pitch language collapse into commodity within months, the only thing that compounds is the institution underneath. The shape of the company is decisive: how it attracts, organises and concentrates exceptional people around a kind of work no other company has structured before.

Smart hack
From our Partners
Most AI agents demo well. Few ship real work.
Most AI agents can run a task. The problem is everything around it: setup, memory, context, cost, and figuring out what actually happened.
SureThing turns useful AI skills into autonomous agents with business context, persistent memory, cost-aware model selection, and a live dashboard. Paste a link, assign the work, and your agent reports back like a human teammate: what it did, what it cost, what needs your decision, and what happens next.
Built for founders, operators, and marketers who want AI to ship work, not become another tool to babysit.
From us
"I'm not a developer. And yet now I have more than 10,000 lines of committed code on GitHub." Christian broke down the essentials for non-technical operators who keep seeing AI demos on LinkedIn and don't know where to actually start.
What you will get:
The mental model. The three places AI actually pays off in any customer-facing team.
A live lead-scoring demo. From a cold account list to ICP scores, deep-dive briefs and outbound hooks, end to end.
Files beat prompts. The folder architecture (AGENT.md, CLAUDE.md, skills) that does the real work before you write a single prompt.
Optimize for the LLM, not the human. Why your SharePoint is the bottleneck, and how to fix it this week.
One good read
Join the entrepreneurial journey
Are you ready to take your first steps into the startup ecosystem or seeking an exciting new opportunity? Below is a curated list of startup job openings across Europe for you to explore.
Internships
Founders Associate (Intern) [📍Berlin, Germany], Context layer for AI, Qontext [Apply]
Farmer Sales Working Student (all genders) [📍Berlin, Germany], Data & AI, Klim [Apply]
Working Student – IT Systems Administrator (d/f/m) [📍Munich, Germany], Arculus [Apply]
Retail Customer Success Intern [📍Milan, Italy], Foxintelligence [Apply]
Finance & Accounting Intern [📍Barcelona, Spain], Vertical Software, Amenitiz [Apply]
Commercial Intern [📍London, United Kingdom], Citymapper [Apply]
Working Student (20-40%) – Autonomy Kits Configuration [📍Zurich, Switzerland], Robotics, Gravis Robotics [Apply]
Intern Sales Development Program (French-Speaking) [📍Madrid, Spain], Process Mining, Celonis [Apply]
Customer Success
Security Awareness Consultant (Spain) [📍Madrid, Spain], Cyber Awareness Training, SoSafe [Apply]
Customer Success Manager SMB (German speaking) [📍Lisbon, Portugal], Pleo [Apply]
Technical Account Manager [📍London, United Kingdom], HealthTech, Happl [Apply]
Federal Account Manager - Public Sector [📍Vienna, Austria], Technology & Software, Esri R&D Center Zurich AG [Apply]
Marketing & Comms
Senior Product Marketing Manager (m/f/d) [📍Cologne, Germany], Cyber Awareness Training, SoSafe [Apply]
Senior Manager, Policy & Corporate Communications [📍London, United Kingdom], Funding Circle [Apply]
Senior 3D Marketing Artist [📍Paris, France], Consumer, Madbox [Apply]
Communications Specialist [📍Vienna, Austria], Fintech & DeFi, Bitpanda [Apply]
Sales
Team Lead Account Executives DACH (m/w/d) - Public Sector [📍Cologne, Germany], Cyber Awareness Training, SoSafe [Apply]
Sales Development Representative France [📍Paris, France], Cyber Awareness Training, SoSafe [Apply]
(Senior) European Partnership Manager (m/f/d) [📍Rome, Italy], Fintech/Payments, bezahl.de [Apply]
Business Development Representative [📍London, United Kingdom], Funding Circle [Apply]
Senior Account Manager [📍London, United Kingdom], Tillo [Apply]
Sales Director Europe [📍Prague, Czechia], Grocery Delivery, Rohlik [Apply]
Sales Manager | Madrid Sales Hub [📍Madrid, Spain], Digital, Lexroom AI [Apply]
Strategy & Ops
(Staff) Product Operations Manager [📍United Kingdom], Cyber Awareness Training, SoSafe [Apply]
Finance Operations & Governance Manager (w/m/d) [📍Aachen, Germany], Semiconductor/Graphene, Black Semiconductor [Apply]
Technical Support Senior Associate [📍Lisbon, Portugal], Pleo [Apply]
Site Manager, Expanded Access Programs [📍Amsterdam, Netherlands], HealthTech, myTomorrows [Apply]
Operations Associate [📍Prague, Czechia], Grocery Delivery, Rohlik [Apply]
Accounting Assistant [📍Malmö, Sweden], BHG [Apply]
People Operations Specialist [📍Lisbon, Portugal], ComplyAdvantage [Apply]
Product & Tech
Product Engineer [📍Berlin, Germany], Context layer for AI, Qontext [Apply]
Backend Engineer – AI/ML [📍Berlin, Germany], Context layer for AI, Qontext [Apply]
Team Lead Engineering - Messaging Platform [📍United Kingdom], Cyber Awareness Training, SoSafe [Apply]
Robotics Field Operations Specialist (Netherlands) [📍Netherlands], AI Robotics/Greenhouse, Eternal [Apply]
Solution Architect [📍Zurich, Switzerland], DeepJudge [Apply]
Solutions Engineer - Spanish Speaking [📍Madrid, Spain], Pleo [Apply]
Final words — take what you need


Stay connected and spread the word! If you found this newsletter insightful, why not share it with your network? Thanks for reading, and we look forward to bringing you even more insights in the next edition!

Follow the Gradient is a weekly newsletter and podcast by the serial founders Melanie Gabriel & Christian Woese about how to scale a business from Europe while staying sane.
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