Finance | Insurance 2023: NIGEL MORRIS

Morris plans to be “extremely disciplined” in coming months after a tough year for venture capital, he told TechCrunch in May. But his fintech investment company “remains intensely focused on building lasting, durable businesses.”

Morris co-founded Capital One Financial in the early 1990s with Richard Fairbank, who remains the credit card giant’s chairman and CEO. Morris served as Capital One’s president and chief operating officer until 2004, when he left to return to his native England to “generally be a dilettante,” as he told students at his alma mater, the London Business School, in 2022. He ultimately found the experience unsatisfying and returned to the U.S. in 2007.

He and Frank Rotman then co-founded QED Investors, which has now invested in 200 companies, including Credit Karma, Klarna and SoFi Technologies.

For three years, Morris has been named to Forbes’ annual Midas List, recognizing the top venture capitalists in the world. This year, QED was one of only 16 firms that had multiple people on the list; Rotman was recognized for the sixth straight year.

Morris sits on the board of Ideas42, a nonprofit organization that uses behavioral science technology to address complex social problems.