Following Silicon Valley Bank collapse, Houston innovation leaders highlight need for change


Several leaders in Houston’s innovation economy have highlighted specific regulatory changes they would like to see in the wake of Silicon Valley Bank’s collapse and subsequent federal intervention.

Softeq Development Corp. founder and CEO Chris Howard reported minimal immediate impact to Softeq’s 64 portfolio companies, as most companies that banked with SVB had accounts under the FDIC insured limit of $250,000. Howard did report a flurry of activity as current Softeq Venture Studio cohort…

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