Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

Joint Venture Silicon Valley provides




What's Happening Now

Data Release: Silicon Valley unemployment declines by 0.4 percentage points

cover imageOctober 16, 2020 – Unemployment numbers are continuing to drop in Santa Clara County, reaching a post-Covid shutdown low of 7% for September, sixth lowest in California, according to figures just released by the Economic Development Department. Joint Venture’s Institute for Regional Studies released analysis of Silicon Valley’s unemployment rate through September along with the historical trend back to the year 2000. The September data that were released represent the first look at regional employment since the school year started in mid- to late-August.  Santa Clara and San Mateo Counties had the 6th and 8th lowest unemployment rates, respectively, among the state’s 58 counties in September.

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Research Brief: Food insecurity

cover imageOctober 14, 2020 – Seven months into the pandemic, Silicon Valley residents who were already stretched with costs, faced significantly more challenges and an increased need for food assistance programs. At the same time, food costs rose by much as 19 percent for meat, poultry, and eggs, further exacerbating the issue. Joint Venture's Institute has released Food Insecurity & Distribution in Silicon Valley Amid the Pandemic in partnership with Second Harvest of Silicon Valley and Silicon Valley Food Recovery, an initiative of Joint Venture.

Read the brief | Read the news release

HayWired - An Economic Disaster?

shake mapOctober 17, 2020 - Joint Venture's Silicon Valley Economic Development Alliance (SVEDA) is producing a series of webinars, called HayWired. The series launched October 15 with HayWired Scenario's Volume 3, Societal Consequences. Join in to learn more about the economic impacts that a major earthquake on the Hayward Fault might present, and to find out what is being done at the federal, state, and local level to mitigate the damage. 

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Joint Venture: Enough gasoline already

October 9, 2020 - Janelle London, executive director of Joint Venture's Beyond Gasoline initiative, has penned an opinion piece in the Mercury News. Following immediately on the heels of Governor Newsom's mandate for exclusively zero-emission car sales by 2035, London charts a path for Silicon Valley to take the lead. She urges EV car share and lending programs, incentives, and accessible low-cost charging, all of which Joint Venture is actively pursuing.

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Data Release: Market rebound dominated by tech post-pandemic

cover image October 6, 2020 – Joint Venture's Institute for Regional Studies released analysis that reveals that the market cap of Silicon Valley stocks, in aggregate, are now higher than prior to the pandemic-related decline. The Institute researched how publicly-traded companies have fared in the six months following the market’s lowest point on March 23. Analysis was conducted as an indicator of regional economic health, as opposed to market analyses focusing on the health of individual companies or interests of the stakeholder perspective.

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Profile: Meet Mairtini Ni Dhomhnaill

headshotOctober 19, 2020 - Mairtini Ni Dhomhnaill, has been a power behind the scenes at some of Silicon Valley's most recognizable startups for over 20 years. As the founder of Countsy, she has worked with many companies from their infancy, such as Facebook and Asana. She brings to the table impeccable credentials and a fearless, gung-ho attitude. Add a second-degree black belt in martial arts and a networking mindset. And for a dash of resilience and adaptability? Grow up as the youngest of seven children in Ireland.

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Joint Venture welcomes new research affiliates to tackle hunger

cover imageOctober 19, 2020 - Joint Venture’s Institute for Regional Studies has added three new research affiliates who will focus on food and hunger. Isabelle Foster, Charlie Hoffs, and Samantha Liu are all part of unBox, a volunteer-driven coalition lead by students and recent graduates from Stanford and other universities across the country. The unBox team has an objective is to end hunger and prove the power of youth in finding community solutions and advocating for change. At the Institute, they will research anti-hunger programs and assess the scope of food insecurity in the region, leveraging data-driven and community insights.

Joint Venture doubles down on climate change

October 19, 2020 - Joint Venture has added Coltura and Climate Safe California to its spectrum of initiatives. Coltura, a west-coast nonprofit working to speed the transition from gasoline to cleaner alternatives, has launched, Beyond Gasoline to accelerate adoption of gasoline-reduction measures. The Climate Center is working to reduce greenhouse gases and has launched under Climate-Safe California with a comprehensive platform to bring California’s climate policies into alignment with current science.

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Joint Venture board adds Nicole Taylor and Dave Wehner as co-chairs

At their quarterly meeting on September 25, the Joint Venture board of directors elected Nicole Taylor, CEO of Silicon Valley Community Foundation and Dave Wehner, CFO of Facebook, as new co-chairs. Taylor and Wehner succeed San José Mayor Sam Liccardo and Matt Mahan, CEO of Brigade and now Councilmember-elect for San José district 10. Mayor Liccardo will remain on the Joint Venture board.

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Amazon Smile: Support Joint Venture while you shop

Amazon Smile logoJoint Venture is participating in the AmazonSmile program. Every time you shop at, 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, you’ll find the exact low prices, vast selection, and convenient shopping experience as, with the added bonus that Amazon will donate a portion of the purchase price to support Joint Venture’s work in your community.

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Silicon Valley Indicators

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

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.

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

Briefing on the 2020 Silicon Valley Index

Silicon Valley leaders gathered on February 14, 2020 for the 16th-annual State of the Valley conference. Russell Hancock, Joint Venture’s President and CEO, provided a comprehensive briefing of the data contained in the 2020 edition of the Silicon Valley Index, produced by Joint Venture’s Institute for Regional Studies. Hancock emphasizes that, “…the most prodigious regional economy in the history of regional economies,” is tempered by income inequality, homelessness, and impossible transportation woes.

Learn more about the Silicon Valley Index online at

Top Downloads

Silicon Valley Commercial Space - Q2 2020

report cover The Institute’s latest quarterly commercial real estate report prepared in partnership with JLL Silicon Valley showed leasing activity has been muted with concentrated efforts in renewals.

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Silicon Valley COVID-19 Impacts: Transportation, Emissions & Air Quality

report cover The Institute has released a report that examines the reduction in Silicon Valley’s regional ground and air transportation, declines in traffic delays, as well as the impact of those reductions on transportation-related injury crashes, regional air quality, and greenhouse gas emissions.

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Silicon Valley Index - 2020

cover Silicon Valley continues its upward spiral with employment growth, eye-popping land transactions, and venture capital flowing into record numbers of megadeals. Yet conditions are harsh for the broad peripheries of the population as inequality reaches new dimensions.

Learn more about the Silicon Valley Index online at

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Bridging The Gap (Second Edition) - December 2019

report cover Written primarily for municipal employees, elected local government officials, and civic leaders to help guide their understanding of new and future wireless technologies, this second edition of Bridging The Gap (first published in 2016) updates previous material on the socio-economic value of wireless technologies and the interplay of local vs. federal public policy regarding permitting and costs, and adds sixteen pages of new material on topics including; 5G cellular, CBRS, and reviews of peer-reviewed scientific and academic studies on electromagnetic field (EMF) safety.

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In The News

October 18, 2020 - (Bisnow) - Blackstone's $275M Silicon Valley Buy A Potential 'Vote Of Confidence': Joint Venture Silicon Valley President and CEO Russell Hancock said the deal is another example of investors and corporations following the lead of Google, which plans on building a downtown mixed-use campus with over 7M SF of office. More

October 16, 2020 - (Silicon Valley Business Journal) -  Employment improvement slows. Can we assume all the old jobs will return? “But the truth is we’re in very uncertain times,” said Rachel Massaro, research director of the Silicon Valley Institute for Regional studies, which issues a monthly analysis of the EDD’s numbers. More

October 16, 2020 - (Voice of America) - Outta Here! Tech Workers Flee Silicon Valley During Pandemic: Russell Hancock, CEO of Joint Venture posits that Silicon Valley has the greatest collection of talent...More

October 15, 2020 - (ABC-TV) - As pandemic creates more hunger, meat, egg prices spike almost 20% in Silicon Valley: "Their unemployment rates are as high as 20 or 30 percent, so we're seeing a disproportionate impact on women, on people of color, on families and definitely those that were already struggling," said economist Rachel Massaro at Joint Venture Silicon Valley's Institute for Regional Studies. More

October 15, 2020 - (Le Devoir) - Silicon Valley blues: The explosion, along with the pandemic, of e-commerce, telecommuting and the search for treatments for the disease have continued, in recent months, to propel the sales, profits and value of companies on the stock market there, Russell observes. Hancock, president and CEO of Joint Venture Silicon Valley, a research center in San José. More

October 12, 2020 - (Silicon Valley Business Journal) - Why Silicon Valley home prices have been immune to Covid infection so far: “But those startups tend to have fewer employees than some of the bigger companies” like the Apples, Googles and Facebooks of the region, said Joint Venture Silicon Valley’s Rachel Massaro..  More

October 10, 2020 - (Le Devoir) - California, a state on the fringes of American politics: “They've even done the opposite of what Silicon Valley wants and what Silicon Valley is,” says Russell Hancock, president and CEO of Joint Venture Silicon Valley, a research center in San Jose. More

October 9, 2020 - (Mercury News) - Coronavirus economy: Bay Area recovery is one of nation’s most feeble - “The Bay Area has been the nation’s most rigorous in implementing the distancing and sheltering guidelines,” said Russell Hancock, president of Joint Venture Silicon Valley, a San Jose-based think tank that tracks local economic trends. More

October 9, 2020 - (Mercury News) - Commentary: How gas car phaseout boosts beyond-gasoline movement - Joint Venture Silicon Valley recently launched the Beyond Gasoline Initiative to partner with governments and businesses on policies and commitments toward rapid, equitable reductions in gasoline consumption. More

October 8, 2020 - (IEEE Spectrum) - IEEE Experts Weigh Social Implications of Emerging Technologies in Future Pandemics: Many technologies being developed to fight COVID-19 are expected to help decrease the spread of other viral infections such as the flu and the common cold, David Witkowski says. More

October 7, 2020 - (Le Devoir) - Those excluded from El Dorado: The situation is not about to correct itself, warns Joint Venture Silicon Valley President and CEO Russell Hancock. More