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Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

What's Happening Now

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

coverTraffic Down 94%; Mileage Drops 75%; Crashes Down 63%

June 2, 2020 – Joint Venture’s Institute for Regional Studies has published COVID-19 Impacts in Silicon Valley: Transportation, Emissions & Air Quality, that reveals an upside to the shelter-in-place orders. It examines the reduction in 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. 

Read the report

Joint Venture names new Benest Fellows

2 headshotsJune 2, 2020 - Joint Venture has named Benest Fellows for 2020–2021, given each year to students who have shown commitment to regional issues.

Lukas Lopez-Jensen is a sophomore at Stanford and plans to major in economics or public policy with a double minor in data science and Italian.

José Luis Gandara is a sophomore at Stanford and is pursuing a Bachelor's degree in public policy with a concentration in urban and regional policy.

Learn more about Joint Venture Fellowships

Talent Partnership wraps pro bono project with City of South San Francisco

groupJune 1, 2020 - Joint Venture’s Silicon Valley Talent Partnership (SVTP) has just completed a project with the City of South San Francisco and two pro bono teams from Inspire and Robert Half. Skilled volunteers advised the city on how to develop an employment program for local, underserved youth. Now the largest hub for biotech companies in the world, South San Francisco will launch a Summer Employment for Youth initiative that will give high-school-age students exposure to work life and teach them workplace-skills while earning a wage.

Learn more about being a pro bono consultant, supporting SVTP, or offering your project ideas.

Community steps up to assist Food Recovery Council

boxes of foodJune 1, 2020 - Joint Venture’s Food Recovery Initiative is serving people in need during the COVID-19 pandemic and the community is stepping up to assist. Nutanix provided healthy snacks and beverages, the LDS church donated $9,000 in food, and Kelly Dippel from Coldwell Banker real estate bought $2500 worth of food from a local restaurant. Members of the Food Council - Martha’s Kitchen, Loaves & Fishes, Hunger at Home - distributed the food to the community.

Corporate offices with unused packaged food and others are encouraged to donate to neighbors. Contact Robin Martin for more information.

Data Release: Silicon Valley unemployment reaches record high

cover imageMay 22, 2020 – Joint Venture’s Institute for Regional Studies has released analysis comparing current unemployment rates against those from the last 20 years. The numbers reflect an unprecedented 11.6% unemployment rate surpassing even the post-dot com bust of 2009. Following the release of preliminary April 2020 labor market data from the California Employment Development Department (EDD), Joint Venture’s Institute compiled a chart that illustrates the upward trajectory for Santa Clara and San Mateo Counties, plus California and the United States.

Read the news release

White Paper: Joint Venture shows how to beat 5G energy gap

June 1, 2020 - Joint Venture’s Civic Technologies Initiative has released a white paper in partnership with the IEEE's Future Networks Initiative. Co-authored by David Witkowski, executive director of the Initiative, the paper explores the "5G and Beyond Deployment Challenge," and provides perspectives, both public and private. It also begins to examine ways to ensure that all stakeholder perspectives are communicated and understood, alerts the wireless industry to the tactical challenges of deployment in and around the public right-of-way, and highlights the needs of local governments as they seek to manage the complexities of telecommunications deployment.  

Read the paper

Joint Venture's Talent Partnership Matching Volunteers to COVID-19 Projects

Joint Venture's Silicon Valley Talent Partnership (SVTP) connects nonprofits with skilled volunteers May 29, 2020 - Joint Venture's Silicon Valley Talent Partnership (SVTP) is helping nonprofits quickly find skilled voluteers to weather the COVID-19 crisis. With a large pool of pro bono volunteers who are skilled and ready to roll up their sleeves, SVTP can match the right people to the right projects. Organizations in need of teachers, project managers, tech support, and many other services can contact SVTP for more information.

Contact SVTP

Support Neighbors During the COVID-19 Crisis

heart over mapJune 1, 2020 - Joint Venture encourages individuals and corporations to support the Regional Response Fund through the Silicon Valley Community Foundation. The Fund supports lead relief organizations across ten Bay Area counties. In Santa Clara County funds will support Destination Home, for rapid aid for those at risk of homelessness. In San Mateo County funds will support several core agencies for housing, mortgage and rent aid, and utility assistance. Also find a list of regional resources provided by Joint Venture and updated regularly. Need Volunteers? Joint Venture's SVTP can connect organizations to skilled, pro bono talent. 

Donate

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:

Paypal logo McKinsey & Company logo San Jose Water 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.

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

June 3, 2020 - (Mercury News) - Coronavirus economy: Bay Area vehicle trips plunge in April, jump in May - “We certainly don’t intend to minimize the tragedy of the pandemic,” said Rachel Massaro, director of research for the Institute for Regional Studies. More

June 3, 2020 - (NBC) - Free stimulus checks every month? Tech execs think so, but there might be a catch: “Our current environment opens up the policy horizon for a whole set of ideas that might have been niche,” said Margaret O’Mara... More

June 2, 2020 - (Mercury News) - Opinion: By working together, we can build a better Silicon Valley - Still, according to a recent Silicon Valley Indicators report put out by Joint Venture, 30% of Silicon Valley households are living in poverty and below self-sufficiency standards. More

May 31, 2020 - (Bisnow) - New CDC Guidelines Would Remake Office Space: “You will not see the drum beat and hue and cry and rush to get back to the office," Joint Venture Silicon Valley CEO Russell Hancock told the New York Times. More

May 31, 2020 - (NPR) - Tech Startups, Shut Out From Federal Stimulus Loans, Seek Aid From Congress: Rachel Massaro runs the research arm of the nonprofit Joint Venture Silicon Valley. More

May 28, 2020 - (New York Times) - C.D.C. Recommends Sweeping Changes to American Offices: “Companies, surprisingly, don’t want to go back to work,” said Russell Hancock, president and CEO of Joint Venture Silicon Valley, a nonprofit think tank that studies the region. More

May 27, 2020 - (Palo Alto Online) - Interactive: A by-the-numbers look at the COVID-19 pandemic's impact on daily life - ...at least 8,560 service employees at risk of losing their jobs in coming months, according to an April consumer spending report from the Joint Venture Silicon Valley’s Institute for Regional Studies. More

May 26, 2020 - (KQED) - Bay Area Housing: Will Remote Work and COVID-19 Affect SF Rent? Despite the recent outflow of high-salaried, telecommuting workers from the Bay Area, local housing economist Issi Romem is quick to deflate the idea that the San Francisco residential rental market is likely to soften More

May 22, 2020 - (LA Times) - California’s unemployment rate leaps to 15.5% as 2.3 million jobs vanish: “We’ve just never seen numbers like this before,” said Rachel Massaro, research director at the Silicon Valley Institute for Regional Studies. More

May 22, 2020 - (San Jose Spotlight) - Amid ‘unprecedented’ unemployment numbers, Silicon Valley feels blow slightly softer: ...hiring is down by more than25 percent in the region, according to data by Joint Venture Silicon Valley’s Institute for Regional Studies. More

May 22, 2020 (San Jose Spotlight) - Small businesses feel the brunt of shutdown in Silicon Valley and beyond: But data from Joint Venture Silicon Valley’s Institute for Regional Studies shows that the Bay Area’s restaurant sales dropped by 25 percent in late April compared to the same period in 2019. More

May 20, 2020 - (KPIX TV5) - North Carolina Mounts Campaign To Lure Tesla Away From Bay Area: Joint Venture Silicon Valley CEO Russell Hancock says from an operational standpoint, it would not be in Tesla’s interests to relocate. More

May 19, 2020 - (SFGATE) - Santa Clara Co.: Major Layoffs In Silicon Valley Hit Team San Jose, Goodwill And Car Dealers: A report released recently by Joint Venture Silicon Valley, a regional research organization, compiled nearly a year's worth of information from the EDD, showing a massive uptick in layoffs in the past two months across dozens of industries. More 

May 19, 2020 - (New York Times) - Twitter Could End the Office as We Know It: Joint Venture Distinguished Fellow, Dr. Margaret O'Mara posits that, "For an industry that thrives on disruption, this might be its most disruptive move yet." More

May 18, 2020 - (Washington Post) - Big Tech was first to send workers home. Now it’s in no rush to bring them back: “They’ve had a ripple effect on how other industries and sectors understand what a white collar workplace should look like if you want to attract the best talent,” said Margaret O’Mara, a professor of history at University of Washington [and Distinguished Fellow at Joint Venture Silicon Valley. More