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White iPhone on deskJoint Venture’s Silicon Valley Institute for Regional Studies is piloting a new mobile engagement campaign to put Silicon Valley data right in the palm of your hand. All you have to do is text jointventure to 33933 on your mobile device to receive 1 to 2 short snippet videos each week by SMS. There’s no cost to participate, we won’t share your phone number with anyone, and you can unsubscribe at any time.

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Peninsula economy update: Job growth slows, housing crisis continues

maroon and white report coverJuly 17, 2017 – Peninsula job growth has slowed over the past year, yet the housing shortage became worse, with prices and rents rising faster than wages, according to a Joint Venture Silicon Valley Institute for Regional Studies report on the Peninsula economy at midyear.

The data, however, also shows a remarkable surge in Silicon Valley, the Bay Area and the state economy between 2012 and 2016, and there are continuing signs of new hiring, additional housing and transportation improvements.

Read the news release.

Download the report.

Joint Venture, Silicon Valley Talent Partnership join forces

JVSV and SVTP logosJune 13, 2017 – Joint Venture Silicon Valley and Silicon Valley Talent Partnership (SVTP) announced today they are combining the two organizations under the Joint Venture umbrella.

The unification, approved by the boards of both organizations, enables both parties to greatly enhance their respective missions, which includes continuing their ongoing county-wide Food Rescue Initiative partnership, which began in 2016.

Read the news release.

Learn more about Silicon Valley Talent Partnership.

Joint Venture board elects UCSC, Stanford Health Care leaders

two new board member headshotsJune 9, 2017 – The Joint Venture board of directors has elected Dr. Scott Brandt, Vice Chancellor of the University of California at Santa Cruz, and David Entwistle, President and CEO of Stanford Health Care, as its newest members.

Dr. Brandt has been UCSC’s vice chancellor for research since 2013 and a professor of computer science in the Baskin School of Engineering since 1999. Entwistle joined Stanford Health Care last summer after serving as CEO of the University of Utah Hospital & Clinics for nine years.

Read the news release.

Joint Venture launches Community Broadband Initiative

Mo ShakouriJune 8, 2017 – Joint Venture Silicon Valley has announced the formation of a Community Broadband Initiative and tapped veteran wireless industry executive Dr. Mohammad Shakouri to lead the project.

The Community Broadband Initiative (CBI) will operate under Joint Venture’s Civic Technology umbrella, which includes the Wireless Communications and Smart Region projects.

Read the news release.

Learn more about the Community Broadband Initiative.

Meet Melissa Stevenson Diaz, City of Redwood City

Melissa Diaz with her daughter City Manager, City of Redwood City

Melissa Stevenson Diaz is too modest to call herself Wonder Woman or Batgirl, but she credits her success to a super hero back story that led her from California to Maine to Japan and back, and ultimately to her “dream job” as the city manager of Redwood City.

It was her parents, she says, who instilled important values that brought out what others see as her special abilities to run a city of 86,000 in the heart of Silicon Valley.

Read Melissa's profile.

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

The site is maintained and constantly updated by Joint Venture's 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 2017 Silicon Valley Index.

Monthly Investors Council Spotlight

Just a few of our many investors:

Kaiser Permanente Santa Clara Medical Center logo KPMG logo Midpeninsula Open Space logo

Joint Venture's Investors Council welcomes 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. To see our current investors, visit our investors pages.

What is Joint Venture Silicon Valley?

Established in 1993, Joint Venture brings together Silicon Valley’s established and emerging leaders—from business, government, academia, labor and the broader community—to spotlight issues and work toward innovative solutions. In this short video see what Silicon Valley leaders have to say about the organization.

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In The News

July 21, 2017 - (Sfist) - Apartment Sadness: Outer Richmond Carpeted Gem, $2800/Mo: "...the Silicon Valley Institute for Regional Studies, (reports) that while wages have risen 2.8 percent a year on average in Santa Clara, San Mateo, and San Francisco Counties, rental housing prices have gone up an average of 9 percent a year in the same period from 2011 to 2016. More.

July 20, 2017 - (Sacramento Bee) - If Silicon Valley is the Knowledge Work Capital of the World, Why Does it Have So Many Lousy Jobs?: "At the top of the economy, according to theSilicon Valley Institute for Regional Studies, are some 335,000 people in highly skilled occupations..." More

July 18, 2017 - (NBC Bay Area) - Silicon Valley Wages Can't Keep Up With Housing Prices: "Numbers crunched by the Silicon Valley Institute for Regional Studies found that the median apartment rent price in Silicon Valley rose 45.2 percent between 2011 and 2016." More

July 17, 2017 - (San Jose Mercury News) - Bay Area Rent Increases Leave Wage Gains in the Dust: "Over the same stretch, the cost of rental housing has jumped by an average of roughly 9 percent annually, the report by the Silicon Valley Institute stated." More

July 17, 2017 - (The Daily Good) - Google Says it Doesn't Have a Gender Pay Gap: "A 2015 report by Joint Venture Silicon Valley (PDF) found that 'men in Silicon Valley earn up to 61% more than their female peers.'” More

June 22, 2017 - (Morgan Hill Times) - Our Town: Let Innovation Grow: "...the organizers brought in one of those people that makes a living recognizing innovation and trends, and has mountains of statistics to prove we lead the world in innovation: Russell Hancock." More

June 9, 2017 - (Morgan Hill Times) - Entrepreneurs Win Big at Morgan Hill Disrupt Forum: "Reed Hastings, co-founder of Netflix, is a 'perfect example' of someone who is “disrupting the business model,' explained Joint Venture Silicon Valley President Russell Hancock." More

June 1, 2017 - (KPIX-5) - Watch Silicon Valley's Latest Vision for Personal Flying Vehicles: "It's a sign that the 'future is here,' Russell Hancock, president and CEO of Joint Venture Silicon Valley, told CBS San Francisco. Video.

May 31, 2017 - (Silicon Valley Business Journal) - Yes, Silicon Valley Sides with Democrats. But Does That Make It 'Extremely Liberal'?: "What is new is a study done by Joint Venture Silicon Valley and GrassrootsLab that looks at the political makeup of local elected officials." More

May 26, 2017 - (Palo Alto Online) - Guest Opinion by Russell Hancock: With Ideal Climate and Landscape, Why Aren't We Biking?": The four cities and their managers are members of the Managers Mobility Partnership facilitated by the organization I lead, Joint Venture Silicon Valley. More.

May 15, 2017 - (San Jose Mercury News) - Stanford Pays $130 Million for Los Altos Apartments: “'This shows how serious this problem is,' said Russell Hancock, president of Joint Venture Silicon Valley." More

April 25, 2017 - (CBS5-TV) - New Flying Car Prototype Takes to the Air: "Russell Hancock of Joint Venture Silicon Valley says don’t laugh at this prototype. 'Don’t forget, they laughed at Orville and Wilbur Wright.'" Video

April 24, 2017 - ( - Silicon Valley Shakeup: These are the Next Top Tech Towns: "The sky-high prices may explain why the number of folks moving to the region dropped by 27% from 2012 to 2015, according to the latest data from the think tank Joint Venture Silicon Valley." More

April 20, 2017 - (Globe and Mail) - Trump's Visa Order Met with Mixed Reaction from U.S. Tech: "That drop in applications could be seen as a worrying sign that Mr. Trump’s anti-immigration rhetoric has already put a chill on demand from foreign job applicants, said Russell Hancock, chief executive officer of Joint Venture Silicon Valley, a regional think tank." More.