Brad Inman’s Hot Take On The Second Largest Bank Collapse in History

Byron Lazine and Nicole White discuss Silicon Valley Bank (SVB) and the second largest bank collapse in history, the Plunk app and its recent partnerships with three tech startups, and Elon Musk’s planned Texas fiefdom.

March 14, 2023
BAM Staff
The Real Word

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In this week’s episode of The Real Word, Byron Lazine and Nicole White start with an Inman article on the importance of Silicon Valley Bank (SVB), which made the news when some high-risk moves led it to its recent takeover by California regulators—and the second largest bank collapse in U.S. history.

Next up was a BAM article on the Plunk app, which could shake things up for Zillow and the entire real estate industry, especially since Plunk has recently partnered up with three tech startups to revolutionize mortgage lending, housing inventory, and influencer marketing.

Racket #3 highlights a project by Elon Musk to build a town of his own in a rural county just east of Austin, Texas, which, apparently, is just one of those things billionaires do. An article on Bloomberg explores the history of some of the richest people in the world building towns of their own to perpetuate personal philosophies.

Click on any of the timestamps below to watch:

00:00–02:30 Intro

02:30 Racket #1: SVB Bank sped up innovation

04:01 60 years of SVB and the 2nd biggest bank collapse in U.S. history

07:56 High-risk moves made by SVB

10:42 How important are regional banks for residential real estate?

14:26 Racket #2: Plunk shakes up the real estate industry

15:43 What Nicole likes about Plunk

17:53 Byron’s take on Plunk as a disruptor

19:43 Racket #3: Elon Musk’s planned Texas fiefdom

21:54 Could this be the future of how we build infrastructure in other towns?

Click here to watch the full episode.

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About the Author

BAM Staff

Real estate may be all about location, location, location, but we know that content is king! That's why we have an army of talented writers behind the scenes, crafting posts like this one to help you navigate the ins and outs of the industry.

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