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What's Happening Now

Joint Venture Food Rescue Initiative receives $150,000 in Sobrato grants

SVFR logoMay 22, 2018 – Joint Venture’s Silicon Valley Food Rescue Initiative has received $150,000 in two grants from real estate developer John Sobrato and his family to support the launch of its A La Carte Food Truck program.

The John A. and Susan Sobrato Fund awarded $100,000 and the Jeffrey Michael and Leann Marie Sobrato Fund awarded $50,000 to the food rescue initiative.

Read the news release.

Learn more about the Food Rescue Initiative.

Verizon Smart Communities partners with Joint Venture Smart Region Initiative

city graphic May 8, 2018 – Verizon Smart Communities has joined Joint Venture’s Smart Region Initiative to partner with local governments, agencies, universities, and other partners to help address regional challenges. 

Verizon Smart Communities is also participating in related activities, notably Global City Teams Challenge, where Joint Venture co-chairs the Wireless SuperCluster.

More about the Smart Region Initiative.
More about Verizon Smart Communities.

Joint Venture Mercury News op-ed: How to Outsmart Disaster

globe and richter scale image May 2, 2018 - Joint Venture CEO Russell Hancock and Alexis Podesta, secretary of the California Business, Consumer Services and Housing Agency, co-authored a recent Mercury News guest editorial about the HayWired earthquake scenario and the Outsmart Disaster campaign.

We're working closely with the USGS, the state and Silicon Valley businesses on regional preparedness in the event of a major quake along the Hayward fault.

Read the op-ed. | Learn more about Outsmart Disaster.

Institute Report: Q1 2018 Commercial Space

Commercial Space 2018 Q1 report coverOffice vacancy rates highest in six years; industrial vacancy rate lowest since 2000

April 25, 2018 - The Silicon Valley Institute for Regional Studies reports that vacancy rates for Silicon Valley office space increased to 17.4 percent in the first quarter of 2018 while the vacancy rate for industrial space dropped to an 18-year low of 2.9 percent.

The Institute’s latest quarterly commercial real estate report, prepared in partnership with JLL Silicon Valley, shows that five developments were completed in the quarter, accounting for nearly one million square feet of commercial office.

Read the news release. | Download the report.

Joint Venture endorses regional transportation Measure 3

measure 3 check mark graphicMay 14, 2018 – Joint Venture endorses Regional Measure 3, the nine-county Bay Area transportation improvement measure on the June 5 ballot. 

Measure 3 would finance $4.5 billion in highway and transit enhancements through toll increases on the Bay Area’s seven state-owned bridges. Joint Venture's CEO, Russell Hancock, is a member of the steering committee for the measure.

Learn more about Measure 3.

Read the news release.

Investors Council Spotlight

Joint Venture's Investors Council welcomes dozens of public and private organizations and foundations supporting our initiatives and programs. Here are just a few of our many investors:

All Stars Helping Kids logo Wilson Sonsini Goodrich & Rosati logo city of Half Moon Bay 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.

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 2018 Silicon Valley Index.

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.

Top Videos

2018 State of the Valley

Joint Venture’s annual State of the Valley conference took place in San Jose February 9, 2018. This is a video recap of the event.

2018 State of the Valley recap video by PRx Digital.

Briefing on the 2018 Silicon Valley Index

Joint Venture CEO Russell Hancock gave a comprehensive briefing on the 2018 Silicon Valley Index, produced by Joint Venture’s Institute for Regional Studies.

Learn more about the Silicon Valley Index online at

Top Downloads

Silicon Valley Commercial Space - Q1 2018

report cover The Institute’s latest quarterly commercial real estate report, prepared in partnership with JLL Silicon Valley, shows that five developments were completed in the quarter, accounting for nearly one million square feet of commercial office.

Download Report

Silicon Valley Index - 2018

cover The latest regional economic study again shows more jobs, income, venture capital and commercial construction pouring into Silicon Valley, yet workers struggle to afford housing, endure longer commutes and face rising costs for such everyday needs as food, clothing and child care.

Learn more about the Silicon Valley Index online at

Read the news release.

Download Report

Preparing for a Silicon Valley Retirement Surge - October 2017

report cover This report takes an in-depth look at the trends in labor force participation in Silicon Valley, identifies likely trends in the retirement of older workers to 2025, and discusses high-level implications for workforce policy.

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Silicon Valley Bike Vision - February 2017

cover Joint Venture and the Silicon Valley Bicycle Coalition have published a regional study that lays out a vision for the bicycle to become a major mode of travel in Silicon Valley.

The report, "Silicon Valley Bike Vision," was produced in partnership with Nelson\Nygaard Consulting Associates, Inc. and made possible with funding from Google, Facebook and Stanford University.

Download Report

In The News

May 3, 2018 - (San Jose Mercury News) - Why the Bay Area is the Epicenter of California’s Housing Crisis: "The new study, along with a recent report from the Joint Venture Silicon Valley think tank, found that nearly as many people are leaving Silicon Valley as are coming in." More

May 3, 2018 - (Silicon Valley Business Journal) - Nonprofits are Wary of an Avalanche of Trouble at the Silicon Valley Community Foundation: "If an avalanche at the community foundation leaves something in its wake rather than burying the whole enterprise, Joint Venture Silicon Valley chief Russell Hancock hopes it’s a redirected philanthropic purpose. More.

May 1, 2018 - (San Jose Mercury News) - Guest Column: How Bay Area Can Prevent Earthquake Catastrophe: "Building from coalition members such as ...Joint Venture Silicon Valley, business and government interests have come together to assess their own vulnerabilities and are working to address them." More

May 1, 2018 - (Silicon Valley Business Journal) - Tesla Co-founder's Electric Car Startup Preps Move into Big Milpitas Industrial Center: "Vacancy rates for Silicon Valley industrial space currently sit below 3 percent on average, according to a recent report by Joint Venture Silicon Valley Institute for Regional Studies and JLL." More.

April 30, 2018 - (Silicon Valley Business Journal) - Snapshot: Trends in patents in Silicon Valley: "...communications has become one of the fastest-growing industries locally, based on data from the 2018 Silicon Valley Index produced by Joint Venture Silicon Valley." More

April 27, 2018 - (Business Insider) - Google’s Parent Company is Building a Futuristic Neighborhood in Canada: "In 2016, (Silicon Valley's) poverty rate was 8.6%, compared to 14.4% in California and 14.1% nationwide, according to the 2018 Silicon Valley Index released by Joint Venture Silicon Valley." More

April 25, 2018 - (Santa Cruz Sentinel) - "Super Commutes" Become Norm: "Commute times across Silicon Valley have increased by 17 percent over the past decade, adding an average of 43 minutes weekly per commuter, according to the 2018 Silicon Valley Index by Joint Venture Silicon Valley." More.

April 25, 2018 - (San Jose Mercury News) - Silicon Valley Growth Spurs Huge Office, R&D Building Boom: "Construction of new buildings for offices, research and development and industrial uses is galloping ahead at a “feverish” pace, a report released by Joint Venture Silicon Valley and commercial realty brokerage JLL stated." More.

April 23, 2018 - (Silicon Valley Business Journal) - Silicon Valley Community Foundation Scandal Magnified Because of Organization's Huge Wealth, Impact:“'It’s become this big, gigantic thing that’s working on a national scene and even an international scene,' said Russell Hancock, CEO of Joint Venture Silicon Valley, which has received funding from the foundation." More.