Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

Joint Venture Silicon Valley provides




What's Happening Now

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 sponsors Bike to the Future e-bike competition May 5

SV Clean Energy logo April 16, 2018 - Joint Venture proudly sponsors Silicon Valley Clean Energy's "Bike to the Future" regional electric bike building competition among high school teams May 5 at Gilroy Gardens.

Ten teams of students will compete in a series of challenges for a $5,000 scholarship using electric bikes they’ve designed and built. This event also features a clean commuting fair with electric bike vendors, safety tips for bike commuting, and everything you need to know about carbon-free transportation.

More details.

Joint Venture provides support in HayWired earthquake scenario rollout

Haywired logo April 23, 2018 - Joint Venture played a pivotal role with the United States Geological Survey in the April rollout of the HayWired earthquake scenario, providing data, analysis, planning and other support for the project and the related Outsmart Disaster Campaign.

Joint Venture initiative directors David Witkowski and Kara Gross worked closely with the USGS and its other community partners on HayWired. Witkowski is currently writing chapters on telecommunications for the next phase of the rollout.

Learn about the Outsmart Disaster campaign.

Learn more about the HayWired scenario.

Joint Venture endorses regional transportation Measure 3

measure 3 check mark graphicApril 5, 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:

Accenture logo YGrene Energy Fund logo city of Gilroy 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.

Download Report

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

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

April 18, 2018 - ( - Bay Area Adds Express Lanes, New Pricing Model to Ease Traffic Congestion: "Over the last decade, Silicon Valley commute times have increased 17 percent, adding an average of 43 minutes weekly per commuter, according to the 2018 Joint Venture Silicon Valley Index." More.

April 18, 2018 - (Metro Silicon Valley) - Silicon Valley’s Dopest Lawyers Help Clients Navigate Complex Matrix of Cannabis Laws: "Kali-Rai says he modeled the cannabis alliance after the Silicon Valley Leadership Group and Joint Venture Silicon Valley, which emerged as powerful lobbies for the tech sector by forging strategic alliances." More.

April 10, 2018 - (CBS5) - Facebook CEO Mark Zuckerberg Goes to Washington: "'There is a sense now that it's time for regulation,'" says Joint Venture Silicon Valley CEO Russell Hancock. Video.

April 8, 2018 - (San Jose Mercury News) - Who Caused the Bay Area Housing Shortage?: "Santa Clara and San Mateo counties together added about 47,000 jobs in 2017, while permitting just 12,000 new residential units, according to the Silicon Valley Index, an annual report released by Joint Venture Silicon Valley’s Institute for Regional Studies." More.

April 3, 2018 - (San Jose Mercury News) - The Surprising Things Newcomers Love and Hate About the Bay Area: "Between July 2015 and July 2017, Silicon Valley may have said goodbye to 44,102 residents but it welcomed 44,732 newbies, according to Joint Venture Silicon Valley." More

April 3, 2018 - (Wi-Fi News) - New York City Street Light Wi-Fi: Is it Feasible?: “'A large city like New York would be able to attract interest in a public-private partnership to fund and operate such a network,' says David Witkowski, Executive Director at Joint Venture Silicon Valley and co-author of the ‘Public Wi-Fi Supercluster Blueprint’ report." More.

April 2, 2018 - (CBS5) - NTSB ‘Unhappy’ Over Tesla’s Statement In Fatal Mountain View Crash: "'Their credit has just been downgraded by Moody, their stock prices are falling, so all of these things are combining to give Tesla a real black eye right now,' explained Russ Hancock with Joint Venture Silicon Valley." Video.

March 30, 2018 - (San Jose Mercury News) - Hey Silicon Valley Techies: Want to Own a Home?... : "That’s because no one can afford to live here anymore — not even Google employees or doctors at Stanford, said Joint Venture president and CEO Russell Hancock." More

March 29, 2018 - (CBS5) - Tesla Recalls 123,000 Model S Sedans for Power Steering Problem: "'I actually don't think it's that big of a deal,' said Russ Hancock, president of Joint Venture Silicon Valley. 'What is a big deal is that this comes on the heels of so many other things that Tesla has been facing.'" Video.

March 26, 2018 - (San Jose Mercury News) - The Obscure State Housing Law Almost Everyone Wants to Fix: "'For the most part, cities don’t care,' said Russell Hancock, president and CEO of Joint Venture Silicon Valley. 'It’s purely advisory.'” More.