Rick Holton: Creating a "Tech First" Bank

Rick Holton is a General Partner at FINTOP Capital. With extensive experience in venture capital, he has served as a General Partner across the Tech, Life Sciences, and FinTech sectors. Rick plays an active role on the boards of several companies, including Arch Design, BridgeFT, CoverCress, Denim Social, SmartX, and Transactly. Beyond his professional endeavors, Rick is civically engaged, contributing to the Olin Alumni Board and serving on the boards of Concordance Academy and YPO St. Louis.We explore the impact of inflation, the collapse of Silicon Valley Bank, and the unique features of Thread Bank. We also discuss election integrity, potential political changes, and global economic trends. Connect with us!   =============================IG: ➡︎ https://www.instagram.com/legacy_interviews/===========================How To Work With Us: ===========================Want to do a Legacy Interview for you or a loved one?Book a Legacy Interview | https://legacyinterviews.com/ —A Legacy Interview is a two-hour recorded interview with you and a host that can be watched now and viewed in the future. It is a recording of what you experienced, the lessons you learned and the family values you want passed down. We will interview you or a loved one, capturing the sound of their voice, wisdom and a sense of who they are. These recorded conversations will be private, reserved only for the people that you want to share it with.#Vancecrowepodcast #legacyinterviews Timestamps:0:00 - Intro3:14 - What is it like to be a client of a bank who fails?11:04 - Creating a "Tech First" bank15:24 - Venmo and Square are not being tracked by the Fed19:22 - What does Rick think about the current economy?27:06 - What are the advantages of Venture Capital in St. Louis?28:51 - Investing in AI37:34 - Thoughts around stocks like NVIDIA skyrocketing40:20 - Where is Rick at with Bitcoin?46:27 - Will anyone believe the upcoming election results?52:05 - What hope do we have to change the system?59:07 - What is the state of SPACs?1:07:17 - What should St. Louis be spending its settlement money on?1:14:08 - There is in fact potential for St. Louis