If you experience this error while launching SteamVR then you need to update your GPU drivers to latest version (385.28 or newer.)
A key component of SteamVR isn't working properly (306/307/405)
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Jon Taylor I am using the Nvidia 390.77 drivers and I am still getting this issue. Tried uninstalling and reinstalling the nvidia drivers, uninstalling and reinstalling steamVR, tried the beta branch of steamVR, no luck. The error in particular I am getting is the 306 error. GTX 1070, no switchable graphics, Windows 10.
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Amolak Im having the same issue and my graphics card is a Nvidia 970. My drivers are upto date and I dont know how to fix it.
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