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  • Meet Sam Liccardo, Mayor of San Jose

    headshot of sam June 26, 2015 - Sam Liccardo couldn’t have asked for better timing to become San Jose’s 65th mayor.

    After years of coping with recession-era restraints as a San Jose City Council member, now he finds himself in his new office down the hall just as the Silicon Valley economy is rebounding in a big way.

    “I’m like a kid in a candy store,” says the mayor, who is also the new co-chair of the Joint Venture board of directors.

    Read Sam's profile.

  • Joint Venture board adds four new members

    4 headshots

    June 12, 2015 – The Joint Venture board of directors has added four new members, including executives from the San Francisco Forty Niners, Juniper Networks, San Jose Earthquakes, and the Irvine Company.

    Elected at the board’s quarterly meeting in San Jose June 12 were Rahul Chandhok, manager of government affairs for the 49ers; Diane Doolittle, corporate vice president of global support delivery for Juniper Networks; Dave Kaval, president of the Earthquakes; and Dan Young, president of the Irvine Company’s Community Development Group.

    Read the news release.

  • Institute for Regional Studies

    covers on green background June 1, 2015 – Joint Venture's Institute for Regional Studies has released two recent studies reporting that Silicon Valley’s population has reached three million for the first time, and that more than one in ten Bay Area residents are living in poverty in spite of it being among the world’s wealthiest regions.

    The studies, "Population Growth in Silicon Valley" and "Poverty in the Bay Area," are downloadable from the Publications page on our site.

    Read the population news release.

    Read the poverty news release.

  • Monthly Investors Council Spotlight
    Ygrene logo orange and grey dignity health logo red and black Irvine Co. logo

    June 1, 2015 - Joint Venture's Investors Council welcomes YGrene Energy Fund, Dignity Health and The Irvine Co., joining dozens of public and private organizations and foundations supporting our initiatives and programs. The Investors Council currently includes more than 100 private organizations, 56 public entities and 13 foundations.

    Joint Venture offers a variety of support and sponsorship opportunities for individuals, corporations, and public sector organizations. To inquire about becoming a member of our Investors Council, call (408) 298-9330 or visit our Become an Investor page.

  • Silicon Valley Indicators

    indicators home page Did you know you can get comprehensive information and data about the economic and community health of Silicon Valley any time by visiting the online home of the Silicon Valley Index at www.siliconvalleyindicators.org?

    The site is maintained and constantly updated by the Joint Venture Silicon Valley Institute for Regional Studies and is a robust collection of charts and information with links to local, regional and national data sources, and resources for additional information within each of the indicator categories: People, Economy, Society, Place and Governance.

    Download the 2015 Silicon Valley Index.

  • This Month on "Inside Silicon Valley"

    Inside Silicon Valley logoJune 1, 2015 - Silicon Valley sports, the growing class gap among young people, computer history and plans for Super Bowl 50 are the topics this month on Joint Venture’s weekly public affairs radio program, “Inside Silicon Valley.” Joint Venture CEO Russell Hancock hosts the hour-long program, which airs every Friday at 7 p.m. and again Sunday at noon on 1590 KLIV.

    Scheduled guests this month:
    June 5 & 7: Mark Purdy, Sports Columnist, San Jose Mercury News
    June 12 & 14: Robert Putnam, Political Scientist, Professor and Author
    June 19 & 21: John Hollar, President and CEO, Computer History Museum
    June 26 & 28: Pat Gallagher, EVP, Marketing, Super Bowl 50 Committee

    Learn more about the program. | Listen on iTunes.

Top Videos

2015 State of the Valley

2015 State of the Valley recap video by PRx Digital.

More than 1,200 people packed the 2015 State of the Valley conference on Feb. 4 at the Santa Clara Convention Center, where they heard keynote remarks from Stanford University President John Hennessy, Time assistant managing editor Rana Foroohar, author and political theorist Benjamin Barber, and Technology Partners general partner Ira Ehrenpreis, as well as a panel discussion with Sam de Brouwer, Veronica Juarez, Jitendra Kavathekar, Matt Mahan (moderator), Jeff Modisett, and Ben Nelson. The day began with an update on the region’s economy and also featured the Packard Award presentation to Chris DiGiorgio and Chuck Reed, an exhibitors hall, and entertainment by local youth groups.

Briefing on the 2015 Silicon Valley Index

The 2015 Silicon Valley Index revealed that Silicon Valley’s economy is thriving from San Jose to San Francisco, surging to levels that are overwhelming the Bay Area’s capacity to handle it. At the same time, the wave of prosperity continues to widen the middle-income gap and strain the region’s ability to accommodate its ever-rising housing costs, commuter rates, traffic and transit ridership.

The comprehensive yearly analysis of the economic strength and overall health of Silicon Valley showed the region with nearly 58,000 new jobs – the highest growth rate since 2000 – 42,000 new residents, average annual earnings of $116,000, venture capital investments higher than any other year since 2000, 17,000 new patent registrations and more than 16 million square feet of new commercial building space approved.

Here is Joint Venture President and CEO Russell Hancock’s report on the 2015 Index to the annual State of the Valley conference Feb. 4, 2015.

Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.

Top Downloads

Population Brief, May 2015

population brief cover This report examines Silicon Valley’s population dynamics, including overall population growth, growth by city and county, birth and death rates, and the changing population composition in terms of age and gender. It also examines recent California Department of Finance (DOF) population and K-12 enrollment projections through 2023.

Learn more about the Population Brief, view interactive charts, and download the underlying chart data on the indicators website.


Poverty Brief, March 2015

poverty brief cover This research brief examines aspects of poverty in the San Francisco Bay Area, its regional distribution and areas of intense concentration, as well as the demographics of the impoverished population.

Learn more about the Poverty Brief, view interactive charts, and download the underlying chart data on the indicators website.




Silicon Valley Index - 2015

2015 Silicon Valley Index yellow cover The 2015 Silicon Valley Index reveals Silicon Valley’s economy is thriving from San Jose to San Francisco, surging to levels that are overwhelming the Bay Area’s capacity to handle it.

Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.





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In The News

June 29, 2015 - (KQED) - Bay Area Income Gap Now More Than $250,000 Between Top and Bottom: "'The high-tech earners in Silicon Valley are really swaying the variance in overall Bay Area incomes,' said Rachel Massaro, vice president and senior research associate at Joint Venture Silicon Valley. More

June 23, 2015 - (Contra Costa Times) - Wages in Bay Area Outstrip National Average: "'"We are seeing bidding wars for highly skilled tech people," said Russell Hancock, president of Joint Venture Silicon Valley.'" More.

June 8, 2015 - (San Jose Mercury News) - Op-Ed: Buena Vista Housing: PTA Backs the Cause to Keep Children in Palo Alto Schools: "As Joint Venture Silicon Valley recognized in its "2015 Silicon Valley Index" report, 'the region's high housing costs...makes the need to preserve and pursue affordable housing even more pressing.'" More.

June 3, 2015 - (San Jose Mercury News) - Tech-driven Job Boom Brings California Record Employment: "But what may be good for workers makes it tougher for firms trying to hire and grow as the heated job market creates continued upward pressure on wages and the cost of living, particularly in the Bay Area, said Russell Hancock, president of Joint Venture Silicon Valley." More

May 27, 2015 - (Silicon Valley Business Journal) - Meet the Winners of 13 Knight Foundation Grants: "Joint Venture Silicon Valley Network/Valley Transportation Authority received $15,000 for “Hack My Ride 2.0,” a three-month online app design challenge open to anyone in the world and focused on transforming mobility in Silicon Valley." More.

May 21, 2015 - (Breitbart) - Twitter Donates $6 Million Tech Skills Center for S.F. Poor: "Despite the Bay Area having the best job growth in the nation, a recent report for Joint Venture Silicon Valley found that...there were 829,547 people living in poverty in the Bay Area in 2013.” More.

May 21, 2015 - (JCBS) - San Jose Among 10 U.S. Cities With More Than 1 Million People, Census Bureau Says: "'The government’s figures echo a recent estimate showing 3 million people now live in Silicon Valley...according to Joint Venture Silicon Valley. More.

May 15, 2015 - (Greentech Solar) - Local Governments Win Solar at 9 Cents per Kilowatt Hour with Collaborative Procurement: "Led by Alameda County, with help from Joint Venture Silicon Valley and Optony, a solar consultancy, R-REP put together a bid package for renewable power that provides lower prices than the individual parties could have obtained." More

May 14, 2015 - (San Jose Mercury News) - EPA Chief Leads Dedication of Hayward Solar Landfill Conversion: "Alameda County worked closely on the collaboration with Joint Venture Silicon Valley and Contra Costa Economic Project, two organizations that focus on regional collaboration." More

May 14, 2015 - (San Francisco Chronicle) - Closed Hayward Dump Will Be Transformed into Solar Farm: "The effort, known as the Regional Renewable Energy Procurement, is being touted as one of the largest and most innovative solar projects in the country." More

May 13, 2015 - (CFO Magazine) - Facebook Pushes Vendors to Hike Pay, Benefits: "According to Joint Venture Silicon Valley, a regional think tank, the median annual income for high-skilled workers in the region is about $119,000, while the median income for low-skilled workers is about $27,000." More

May 13, 2015 - (Wall Street Journal) - Facebook Presses for More Pay for Janitors, Cooks: "Joint Venture Silicon Valley, a regional think tank, says the median annual income for high-skilled workers in the region is about $119,000, while the median income for low-skilled workers is about $27,000." More

May 12, 2015 - (Al Jazeera America) - Unions Make Strides Among Silicon Valley Workforce: "Average wages are on the rise as well according to a recent study from Joint Venture Silicon Valley, but the income gap remains vast." More.

May 6, 2015 - (ABC News) - 3 Millionth Silicon Valley Resident Born: "A new person comes to Silicon Valley -- by plane, bus, train, car or, yes, by being born -- approximately every 16 minutes, according to Joint Venture." Video.

May 6, 2015 - (CNET) - Silicon Valley's Male-Dominated Culture Could Cost the Technology Industry the Thing it Values Most: Innovation: "Men in Silicon Valley earned up to 61 percent more than their female peers, according to data released by Joint Venture Silicon Valley in February." More.

May 5, 2015 - (ABC7) - Newborn is Silicon Valley's 3 Millionth Resident: "'A lot of Silicon Valley employers don't understand that the cost of living in Silicon Valley is changing and increasing more rapidly than the rest of the state or the nation...' said Rachel Massaro with the Silicon Valley Institute for Regional Studies." Video.

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