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Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

What's Happening Now

Facebook funds new truck for Food Rescue

group standing in front of truckJune 14, 2019 - Facebook will fund a new food truck for Joint Venture's Food Rescue initiative, known as A La Carte, that has been picking up and distributing food from four of Facebook’s cafes and mini cafes since March. The new truck will increase the size of the fleet that "harvests" prepared food for people in the community who are food-insecure. Facebook has donated more than 22,000 meals through the program to date.

Learn more

Joint Venture partners with Adobe for jobs for people with disabilities

people chatting June 10, 2019 - Joint Venture's Silicon Valley Talent Partnership has paired a pro bono team of experts from Adobe to assist nonprofit Project HIRED to help people with disabilities find employment. Have a project that could use expert help?

Contact Joint Venture's SVTP for details.

Joint Venture board adds new members

June 14, 2019 – The Joint Venture board of directors elected two new members at their quarterly meeting: Supervisor Susan Ellenberg and Michael Isip, President and Chief Executive Officer of KQED. “We are delighted to add the expertise of Supervisor Susan Ellenberg and Michael Isip to the Joint Venture board,” said Russell Hancock, President & CEO of Joint Venture.

Read the news release

Meet Duffy Jennings

June 21, 2019 - Duffy Jennings first joined Joint Venture in 2008 as VP of Communications after enjoying a distinguished career as a corporate communications executive and journalist. He retired—or rewired?—from corporate life in February 2019 and, with the new release of his memoir, Reporter’s Note Book: A San Francisco Chronicle Journalist’s Diary of the Shocking Seventies, he added author to his list.

Read Duffy's profile

Silicon Valley Indicators

indicators home page Get comprehensive information and data about Silicon Valley’s economic and community health at www.SiliconValleyIndicators.org.

Data and charts from the Silicon Valley Index (and more) are available on a dynamic and interactive website that allows users to further explore Silicon Valley trends.

Download the 2019 Silicon Valley Index.

Investors Spotlight

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

SiliconSage Builders logo Urban Catalyst logo Urban Community 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.

crowd w/ report cover New data from Silicon Valley Institute for Regional Studies

San Jose baby represents three millionth resident

May 5, 2015 – Silicon Valley’s population has reached three million for the first time, Joint Venture’s Silicon Valley Institute for Regional Studies announced today.

Researchers at the Institute, using population data from the state and daily growth calculators for the region, predicted that Silicon Valley would top the three million mark by early May.

“This milestone goes hand-in-hand with our hot economy,” said Russell Hancock, president and CEO of Joint Venture, which houses the Institute. “Still, it’s a startling figure that puts our explosive growth in perspective.”

Rachel Massaro, Joint Venture vice president and senior research associate for the Institute, said Silicon Valley has been growing at the rate of one person every 16 minutes, or nearly 90 people a day.

“This is one of the fastest growing regions in the state, and it’s driven largely by the lure of our innovation engine, by foreign immigration and local births,” Massaro said. “This contributes to Silicon Valley’s worsening transportation and housing crunch.”

In conjunction with the release of the study, Joint Venture designated a baby boy born today at Kaiser Permanente in Santa Clara to represent the 3 millionth resident of Silicon Valley. The baby, Max, was born to Bing Yuan and Dan Danner of San Jose at 9:39 a.m., PDT. He weighed eight pounds, eleven ounces and measured just over 21 inches in length.

mom and dad with baby

The Institute identifies Silicon Valley as Santa Clara and San Mateo Counties, plus the the cities of Fremont, Union City and Newark in Alameda County and Scotts Valley in Santa Cruz County.

The data is part of a 32-page brief released today by the Institute, “Population Growth in Silicon Valley.” The report examines Silicon Valley’s population dynamics, including overall population growth, growth by city and county, birth and death rates, and the changing population composition in terms of age and gender. It also examines recent California Department of Finance (DOF) population and K-12 enrollment projections through 2023.

Additionally, the report examines population trends as they relate to the recent economic recession. Silicon Valley’s population dynamics are closely tied to the economy overall, including employment, income, cost of living and other factors; in particular, in and out migration, as well as birth and death rates, vary with changes in economic growth and development, which affect both behavioral and environmental change and influence population dynamics.

A large portion of Silicon Valley residents live within just six of its 39 cities – San Jose, Fremont, Sunnyvale, Santa Clara, Daly City and San Mateo – the study reports. Several cities are growing more than three times faster than the state as a whole.

Silicon Valley’s growth rate accelerated between 2011 and 2013, when it peaked at its highest since 1998, before slowing slightly since then. This growth is occurring despite declining birth rates since 2008, and is driven by foreign immigration as well as natural growth.

The 2015 Silicon Valley Index produced by the Institute reported the region has increased by some 30,000 people annually since 2011 and that it added 42,000 people in 2013.

Three million was the entire population of California a century ago and is double the number of people who were living in Silicon Valley in the mid-1960s.

It is roughly equivalent to one percent of the current U.S. population, twice the population of Manhattan and three times that of Delaware.

If it were a city, Silicon Valley would be the nation’s third largest behind New York (8.4 million) and Los Angeles (3.9 million). As a state it would rank 31st, between Mississippi and Iowa. As a country, think Armenia.

Three million people live in one million households and they use more than 400 million gallons of water and produce 13.2 million pounds of trash daily. A third of them will commute to work in their own cars.

The population study may be downloaded from the Institute website.

About Joint Venture Silicon Valley

Joint Venture Silicon Valley was established in 1993. A nonprofit organization, the group convenes the region’s leaders across every major sector – government, business, academia, labor, and community organizations. The organization provides data and analysis on our region’s challenges, and leads initiatives to address those challenges. Joint Venture is funded by cities and counties, local companies, colleges and universities, labor and workforce institutions and foundations. For more information, visit www.jointventure.org.

In The News

June 19, 2019 - (NPR News) - Google Pledges $1 Billion For Affordable Housing: We are seeing an increase in the people that are living in RVs or other temporary shelters," said Rachel Massaro, director of research for Joint Venture. More

June 18 - (KQED News) - Google Pledges $1 Billion to Help Fight Bay Area Housing Crisis It Helped Create: Joint Venture reported that affordable housing units represented only a small share of recently approved units in Silicon Valley.   More

June 18, 2019 - (Mercury News) - Californians sharply divided over how to tackle housing shortage: Russell Hancock, CEO of Joint Venture Silicon Valley, believes Bay Area residents have become more open to new solutions to the housing shortage in the last five years. More

June 18, 2019 - (Mercury News) - With SUV ads and snark, desert city looks to woo Bay Area residents: According to a study by the regional think-tank Joint Venture Silicon Valley, the region gained about 62,000 foreign-born residents between July 2015 and July 2018, while 64,300 residents left. More

June 14, 2019 - (AJOT) -Commute times across Silicon Valley have increased by 17% 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

June 12, 2019 - (Los Altos Town Crier) - Food truck puts corporate leftovers to community good: Silicon Valley Food Rescue operates as a project of Joint Venture Silicon Valley. More

June 9, 2019 - (Mercury News) - Employment in the tech-heavy sector grew by 38.8% in Santa Clara and San Mateo counties between 2007 and 2018, according to the Joint Venture Silicon Valley’s 2019 Silicon Valley Index. More

June 7, 2019 - (Telemundo TV 48) - Organization donates food to families in need: Since March, Facebook has donated 22 thousand meals through the Joint Venture A La Carte program More

June 7, 2019 - (Silicon Valley Business Journal) - What Duffy Jennings has written of Bay Area history can fill a whole book:Duffy Jennings retired earlier this year as vice president of communications at Joint Venture Silicon Valley. More

June 7, 2019 - (Mercury News) - Facebook now donating some uneaten food from its cafeterias: Partnership with Joint Venture’s A La Carte brings food directly to those in need More

June 1, 2019 - (KPIX News) - Silicon Valley tech giant Google may be at the center of an anti-trust investigation by the DOJ: Joint Venture CEO Russell Hancock interviewed. More