About me.
Thomas Andrae is Director of 3M Ventures in Germany; Photo credit: 3M New Ventures
I earned my first money with…
Selling items my mother didn’t need anymore at the local flea market.
If I wouldn’t be an investor I would be…
an architect.
I get annoyed when…
I have to wait in line and nothing’s moving forward.
You might not believe it, but we…
even finance companies that are growing mushrooms.
My favourite movie is…
‘2001 A Space Odyssey’ by Stanley Kubrick.
About passion and profession.
My investment fund is focused on startups in…
all business areas of relevance to 3M’s global businesses.
I wouldn’t like to work anywhere else because…
we cover such as broad spectrum of advanced technologies.
The investment plan for the next years is…
to further expand our global footprint.
Our business relationship with startups is characterised by…
compassion, mindshare, mutual trust, and a joint belief in a common goal.
Besides money I offer…
strategic value.
About working with startups.
I was most impressed by how individuals can develop themselves when they work in the right team and have common goals.
In a startup I am looking for…
A great team that is able to make a difference.
Characteristics a founder team should have are…
Trust, compassion, integrity, speed, a sense of urgency
I was most impressed by…
how individuals can develop themselves when they work in the right team and have common goals.
I was least impressed by…
constantly missing milestones and not being able to learn from mistakes.
You get most out of relationship with me when…
you are open, straightforward, honest, and willing to share to good and the bad.
