Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

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Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

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.

What's Happening Now

Silicon Valley Poll: Residents feel gloomy

October 3, 2022 – According to the Silicon Valley Poll, nearly three out of four residents say their quality of life in the Bay Area has declined over the last five years, a concern that holds across all age, income, and education levels. The finding emerged from an exclusive poll by Joint Venture and the Bay Area News Group, which also found that respondents are more worried about crime, pessimistic about the regional economy, and are not yet ready to give up working from home. The poll, which surveyed 1,628 registered voters in the five core Bay Area counties, found that people are feeling gloomy about the Bay Area’s economy, with just 38% saying economic conditions are good or excellent.

Read the poll | Read the release

Institute: Stock market tracker offers regional trading trends

October 21, 2022 - Joint Venture’s Silicon Valley Institute for Regional Studies has unveiled the Silicon Valley and San Francisco Public Company Stock Tracker, an innovative source of information about 327 Silicon Valley and 94 San Francisco publicly traded companies. “I’m excited to launch this market tracker that allows the public to toggle a start date and see how our region’s company market performance compares to key market indices,” said Rachel Massaro, vice president and director of research.

Go to the tracker

Silicon Valley unemployment falls to 2.1%

cover imageOctober 21, 2022 – The unemployment rate in the Silicon Valley region decreased to 2.1% in September, which is 0.2 percentage points below the rate in August and equals the unemployment rate in July. Overall employment in the region increased by just over 1,000 workers, while the number of unemployed decreased by nearly 3,100. The total number of unemployed workers in Silicon Valley is the lowest (31,300) since May (26,700). The total labor force in Silicon Valley dropped by almost 2,200 from mid-August to mid-September and is now 16,700 below the previous high in February 2020. 

Read the release

Institute: the benefits of universal preschool in Santa Clara County

report coverOctober 21, 2022 - Joint Venture’s Institute for Regional Studies conducted a research study supported by a grant from the County of Santa Clara through Supervisor Susan Ellenberg. Eliminating the Burden of Preschool Costs, Modeling the Impacts of Universal Preschool on Family & Community Wellbeing shows that a universal preschool program would benefit the families of preschool-aged children, would increase overall household self-sufficiency and would provide benefits to the community as a whole.“The pages of this report model what would happen if publicly-funded preschool and after-school care were available to every child under the age of five in Santa Clara County,” says Russell Hancock, CEO of Joint Venture. 

Read the Study

Michelle Qiao empowers through poetry

October 27, 2022 - Michelle Qiao, Santa Clara County’s Vice Youth Poet Laureate, presented a moving poem of her own creation at the Silicon Valley Poll Briefing on October 4. The poem, entitled Golden Gate, evoked the power of the Pacific Ocean and surrounding environs as a metaphor for community engagement. A student at Leland High School, Michelle has been recognized by the National Young Arts Foundation, the Scholastic Writing Awards, the New York Times, PBS, the Lincoln Center for the Arts, American High School Poets, and Broadway World. 

Watch Michelle’s presentation

Meet Ernesto Lucero

October 27, 2022 - Ernesto Lucero is acting deputy director for economic and community development for the City of South San Francisco. He believes in the power of collaboration for the betterment of the community. The City of South San Francisco, often called South City, has a population of about 67,000, boasts more than 250 biotech companies accounting for about 30% of the city’s jobs, it’s known as the Birthplace of Biotechnology. Ernesto will soon complete his term as chair of Joint Venture’s Silicon Valley Economic Development Alliance (SVEDA), a consortium of 25 city and county economic development professionals who bring together public and private resources to ensure the success of regional businesses.

Read Ernesto's profile

Silicon Valley Indicators

indicators home page Comprehensive information and data about the Silicon Valley ecosystem is always available at www.siliconvalleyindicators.org.

Data and charts from the Silicon Valley Index (and more) are presented on an interactive website that allows users to explore Silicon Valley trends. Indicators are presented by the Institute for Regional Studies. Housed within Joint Venture Silicon Valley, the Institute provides data and analysis on issues facing dense metropolitan regions.

Investors Spotlight

Donors invest in Joint Venture with both general support and project-specific gifts. Support from the community enables us to provide innovative solutions to issues that confront our regional economies and quality of life. Here are just a few of our many investors:

Sobrato Development Companies logo South Bay Piping logo Silicon Valley Clean Energy logo

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.

Amazon Smile: Support Joint Venture while you shop

Amazon Smile logoJoint Venture is participating in the Amazon.com AmazonSmile program. Every time you shop at AmazonSmile.com, a portion of your sales (0.5%) goes to support our work. AmazonSmile is a simple and automatic way for you to support Joint Venture every time you shop, at no cost to you. When you shop at smile.amazon.com, you’ll find the exact low prices, vast selection, and convenient shopping experience as Amazon.com, with the added bonus that Amazon will donate a portion of the purchase price to support Joint Venture’s work in your community.

Support Joint Venture with Amazon Smile

Top Videos

The 2022 Silicon Valley Poll

The Silicon Valley Poll is an extensive public opinion survey placed in the field annually by Joint Venture and its research arm, the Silicon Valley Institute for Regional Studies. Carried out in partnership with The Mercury News and Bay Area News Group, the Poll tracks recurring questions probing how residents feel about the general direction of the region and their stance on a range of policy and planning questions. Each year the poll also poses timely and topical questions about current events.

The Silicon Valley Poll is released on an annual basis in October.

The 2022 Silicon Valley Index

Joint Venture CEO Russell Hancock summarized the major findings from the 2022 Silicon Valley Index at the annual State of the Valley conference held at Stanford University February 18. The report, produced by Joint Venture's Institute for Regional Studies, shows that an incongruous set of contradictions are still a common theme in Silicon Valley. Employment rebounded to pre-pandemic numbers and tech jobs went up 4%. VC hit new records, start-ups were brisk, and there were more IPOs than in any other year this century. Yet, health and wealth disparities were stratified by race and ethnicity. “Silicon Valley is showcasing our fabled dynamism but also exposing a whopping set of fallibilities,” said Hancock.

Joint Venture’s 2022 State of the Valley conference was held on February 18 as a hybrid event. You can view all the available sessions on our YouTube channel.

Top Downloads

2022 Silicon Valley Poll

report cover According to the Silicon Valley Poll, nearly three out of four residents say their quality of life in the Bay Area has declined over the last five years, a concern that holds across all age, income, and education levels.

Download the report Read the poll

2022 Silicon Valley Index

Download PDF An incongruous set of contradictions are still a common theme in Silicon Valley, according to the 2022 Silicon Valley Index, released by Joint Venture’s Institute for Regional Studies. Employment rebounded to pre-pandemic numbers and tech jobs went up 4%. VC hit new records, start-ups were brisk, and there were more IPOs than in any other year this century. Yet, health and wealth disparities were stratified by race and ethnicity.

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

Read the news release Download the report

Unemployment Data Release - October 21, 2022

cover The unemployment rate in the Silicon Valley region decreased to 2.1% in September, which is 0.2 percentage points below the rate in August and equals the unemployment rate in July.

Read the news release Download the data release

Universal Preschool Study - September 2022

Download a PDF of this report This study models what would happen if publicly-funded preschool and after-school care were available to every child under the age of five in Santa Clara County.

Download the report

Silicon Valley Commercial Space - Q2 2022

Download a PDF of this report Through the first half of 2022, Silicon Valley’s commercial space indicators paint a complex picture through diverging trends, according to the latest analysis from Joint Venture’s Institute for Regional Studies, in partnership with JLL Silicon Valley.

Learn more Download the report

Silicon Valley Multifamily Housing - September 16, 2021

cover The Silicon Valley Multifamily Housing report provides a snapshot of the trends in the region’s housing market for residential structures with more than one dwelling unit in the same building.

Read the news release Download the report

In The News

October 21, 2022 - (Mercury News) - Bay Area loses jobs in September, California gains slow to a crawl: “There might be folks ready to say the sky is falling, and that’s certainly one possible interpretation,” said Russell Hancock, president of Joint Venture Silicon Valley...More

October 21, 2022 - (Silicon Valley Business Journal) - Silicon Valley's unemployment rate dipped to 2.1% in September: according to the report released Friday by Joint Venture Silicon Valley's Institute for Regional Studies. More

October 21, 2022 - (MarketWatch) - 'Mass layoffs' of Meta bus drivers lead to pleas for Facebook to bring workers back to the office: According to a Joint Venture Silicon Valley survey of eight large tech companies in 2019...More

October 20, 2022 - (San Jose Spotlight) - San Jose: The most expensive major U.S. city for monthly bills - “There’s no surprise here,” Russell Hancock, president and CEO of Joint Venture Silicon Valley...More

October 17, 2022 - (Mercury News) - Bay Area exodus: Median income drops as wealthy residents move out  - Bay Area News Group and Joint Venture Silicon Valley that found 53% of registered voters in the region say they’re likely to move out of the region in the next few years. More

October 15, 2022 - (Presidential Prayer Team) - Our Communities: Migration: According to the poll conducted by the Bay Area News Group and Joint Venture Silicon Valley...More

October 7, 2022 - (Davis Vanguard) - Commentary: Call It NIMBYISM or Something Else, but Rising Housing Costs Are Taking a Toll on Our Communities - A new poll by the Bay Area News Group and Joint Venture Silicon Valley found even worse, about 92 percent of respondents think cost of housing is a very serious problem More

October 7, 2022 - (SDxCentral) - Will Metaverse Create a Bigger Digital Divide? IEEE Senior Member David Witkowski, addressed the potential impacts the technology may have on the already pervasive digital divide. More

October 6, 2022 - (San Jose Spotlight) - Santa Clara County families lack critical child care, report says: A report released by Joint Venture Silicon Valley today shows free, public child care from birth through age 5 equals money in families’ pockets. More

October 5, 2022 - (Report Door) - More than half of Silicon Valley residents want to leave: ‘The mood is darkening’ - the region is on the wrong track, according to the 2022 Silicon Valley poll conducted by Joint Venture and the Silicon Valley Institute for Regional Studies. More

October 5, 2022 - (New York Post) - More than half of Silicon Valley residents want to leave: ‘The mood is darkening’: A whopping 64% of residents in Silicon Valley...say they are concerned the region is on the wrong track, according to the 2022 Silicon Valley poll conducted by Joint Venture and the Silicon Valley Institute for Regional Studies. More

October 5, 2022 - (Barron's) - More Than Half of Silicon Valley Residents Still Want to Move Away, Poll Finds: Marisa Kendall, a reporter for the Bay Area News Group, which partnered with Joint Venture on the poll, interviewed some of the respondents.  More

October 4, 2022 - (Richmond Standard) - Poll: Bay Area residents dissatisfied with overall quality of life - The recently released Silicon Valley Poll by Joint Venture Silicon Valley found that three out of four residents think their quality of life has declined. More

October 4, 2022 - (The Real Deal) - Poll: A third of Bay Area residents oppose more housing - one-third of the region’s residents oppose building significant quantities of new homes, the San Jose Mercury News reported, citing a recent poll. More

October 4, 2022 - (Climate Online) - Poll: Bay Area residents dissatisfied with overall quality of life: The recently released Silicon Valley Poll by Joint Venture Silicon Valley...found that approximately three out of four residents think their quality of life has declined...More

October 4, 2022 - (MarketWatch) - ‘The mood is dark’ — More than half of Silicon Valley residents still want to move away, poll finds: According to a new poll by Joint Venture Silicon Valley, 64% of those surveyed said the region is on the wrong track...More

October 3, 2022 - (NBC Bay Area, Telemundo) - Insecurity and housing: residents of the Bay pessimistic about the future, according to a survey - Nearly half of people who live in the Bay Area consider crime an extremely serious problem, according to a new survey by the Bay Area News Group and Joint Venture Silicon Valley. More

October 3, 2022 - (San Francisco Standard) - Despite Housing Crisis, Bay Area Voters Are Split on a Big Build-Out of Homes, Poll Shows: voters are not solidly behind proposals to rapidly build more homes, according to a new poll by the Bay Area News Group and Joint Venture Silicon Valley. More

October 3, 2022 - (NBC Bay Area) - By the Numbers: Biggest Problems With Living in the Silicon Valley - NBC Bay Area’s Audrey Asistio spoke to Russell Hancock, CEO of Joint Venture Silicon Valley... More

October 3, 2022 - (Silicon Valley Business Journal) - Poll: 64% in new survey say Bay Area is on ‘wrong track’:  a new poll out Monday reveals that two-thirds of those who responded to the Joint Venture Silicon Valley survey said the region was on the "wrong track." More