Prolific fintech investor and QED Investors co-founder Frank Rotman stated Friday that he’ll transition to a companion emeritus position by yr’s finish to deal with founding his personal startups.
But these startups received’t essentially be monetary know-how corporations. In a publish on X, Rotman – who helped begin QED in 2007 – declared that “the primary enterprise” that he plans “on getting out of the bottom is within the music trade.”
He wrote: “It’s simple to name me loopy for all the apparent causes, nevertheless it’s value reserving judgment till you study extra in regards to the enterprise that’s advanced in my head and sat on the shelf for years. It might be enjoyable to construct and will really make an enormous distinction to an trade that none of us may think about residing with out.”
Rotman began Alexandria, Virginia-based QED, which at present has $4 billion in property beneath administration practically twenty years in the past with Nigel Morris and Caribou Honig. He led the agency’s funding in Credit Karma and performed a task in QED’s investments in unicorns comparable to Greensky, Flywire and SoFi. (In reality, QED was the primary institutional cash into Credit Karma). Other corporations that the agency has backed embrace Creditas, Nubank, AvidXchange and Bitso.
QED solely invests in corporations constructing monetary know-how on the pre-seed to Series A phases.
Rotman, who goes by the deal with “The Fintech Junkie” on X, stated he’ll transition to his new position on January 1, 2026. He will proceed to serve in a part-time advisory position to QED over the approaching years.
Besides founding music startups, Rotman stated he possible plans to put in writing a guide centered round his “observations and frameworks for the startup and VC worlds.”
He wrote within the X publish: “This shouldn’t shock anybody who is aware of me – writing is my oxygen. I can’t think about a life with out it despite the fact that ChatGPT and Claude are higher writers than I’m.”
In an announcement, QED Managing Partner Nigel Morris famous that he and Rotman had labored collectively for over 30 years – beforehand additionally at Capital One.
“Frank, at his core, is an entrepreneur and I’ve little question he’ll excel in his subsequent chapter,” he stated.
QED Investors’ Partner Amias Gerety might be promoted to steer QED’s U.S. funding group.
