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Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

What's Happening Now

Joint Venture pairs Valley Water with Robert Half to help underserved youth

November 15, 2019 - Joint Venture’s Silicon Valley Talent Partnership (SVTP) kicked off a project for Valley Water, which will recruit underserved-youth to be interns. A pro bono team from Robert Half International is providing skilled volunteers to assist in the endeavor.

Through the project, Valley Water will educate young people about water management and create a long-term career path within the agency. SVTP will facilitate the project from start to finish. Silicon Valley Talent Partnership matches pro bono consultants to community projects that propel social change.

Contribute Ideas for future SVTP projects

Q3 Commercial Space Report released

report coverNovember 15, 2019 – Joint Venture’s Institute for Regional Studies today released its third-quarter 2019 report on Silicon Valley commercial space. New data shows that year-to-date completions have already exceeded 2018 totals. With 13 million square feet of commercial space under construction, the numbers were only slightly lower than the 19-year high of the previous quarter and indicative of a resurgence of R&D development within the region.

Learn more

 

Save the Date: State of the Valley 2020

Mark your calendar for the 16th-annual State of the Valley conference February 14, 2020 at the McEnery Convention Center in San Jose. Last year a capacity crowd of Silicon Valley leaders filled the convention center for reports on the economy, trends and challenges, and a changing investment landscape. Watch for details soon!

Register Now

Silicon Valley Indicators

indicators home page Comprehensive information and data about the Silicon Valley ecosystem is 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.

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:

Telrad logo University of Phoenix Bay Area Campus logo city of Redwood City 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.

2015 Index News Coverage

Every year the release of the Silicon Valley Index draws extensive media coverage from around the world for its findings, data, trends and other indicators measuring the economic health and community well being of Silicon Valley. Local newspapers and broadcast outlets, national network news organizations and wire services, financial and government publications and news sources as far away as Europe, India, Asia and Australia all have reported on the Index.

March 4, 2015 - (PC Magazine) - Apple Security Guards Promoted to Full-Time Staff: "According to The Wall Street Journal, which cited a report by Joint Venture Silicon Valley, the median annual income for local high-skilled workers is about $119,000." More.

March 3, 2015 - (CIO) - ’Thought Leadership’ Means Never Having to Say You’re Discriminating: "A report by Joint Venture Silicon Valley, a regional organization of government and industry leaders, found that the Silicon Valley gender pay gap is one of the largest in the country." More.

Feb. 27, 2015 - (Palo Alto Online) - Off Deadline — Stanford's John Hennessy Takes a Peek at Stanford's, and the World's, Future: "But his keynote appearance at the 2015 State of the Valley conference in early February was a rare discourse from Hennessy, who has headed Stanford for the past 15 years, an impressive tenure for a university president." More.

Feb. 27, 2015 - (San Jose Mercury News) - Teamsters Win Vote to Unionize More Tech Shuttle Bus Drivers in Silicon Valley: "The income gap is particularly stark in the valley, where the median salary for highly skilled workers is nearly $92,000 higher than the median pay for low-skilled employees, according to a recent report from Joint Venture Silicon Valley." More.

Feb. 27, 2015 - (Lodi News-Sentinel) - California's Tech Company Bubble May Soon Burst: "...according to the nonprofit Joint Venture Silicon Valley index, which gauges the area’s living standards, the valley has the state’s widest income gap." More.

Feb. 22, 2015 - (KQED News) - Working Class Struggles in Silicon Valley: "'Thirty percent of our population is living below the self-sufficiency standard,' says Joint Venture Vice President Rachel Massaro. 'That means they can’t survive without public or informal private assistance.'” More

Feb. 21, 2015 - (Wall Street Journal) - Facebook Shuttle Drivers Vote to Ratify New Teamsters Contract: "A report this month from think tank Joint Venture Silicon Valley found that the median annual income for high-skilled workers in the region is about $119,000, while the median income for low-skilled workers is about $27,000." More.

Feb. 18, 2015 - (Capital and Main) - Silicon Valley's Brave New Economic Order: As Silicon Valley continues to generate extraordinary wealth – it posted the country’s fastest rate of job growth last year, according to a new report from the regional development group Joint Venture Silicon Valley – it is also establishing the blueprint of a new socio-economic order." More.

Feb. 18, 2015 - (Huffington Post) - How Silicon Valley Billionaires are Creating a New Economic Order: "'It’s as if the economy has lost its spine,' the chief executive of Joint Venture Silicon Valley, Russell Hancock, wrote recently, 'and this has important implications for the kind of community we become.'" More.

Feb. 16, 2015 - (Palo Alto Online) - Jay Thorwaldson Guest Column: Silicon Valley Hot and Getting Hotter, Yet with Huge Inequities: "But this time it's no bubble, Russell Hancock, president and CEO of the Joint Venture Silicon Valley, emphasized in introductory comments at a Feb. 4 'State of the Valley' conference in Santa Clara. More.

Feb. 12, 2015 - (Santa Cruz Sentinel) - Cupertino Bets Big on Apple Spaceship Campus: "By comparison, the median salary in the valley was $90,415 that year, according to Joint Venture Silicon Valley." More.

Feb. 9 2015 - (Yahoo! Finance) - Silicon Valley Tech Economy Booming: "The annual Silicon Valley Index, released by Joint Venture Silicon Valley, representing businesses, government and the broader community, also shows record venture capital investment in technology." More.

Feb. 8, 2015 - (San Jose Mercury News) - Michelle Quinn: Is Silicon Valley's Growing Gender Wage Gap a Boomtime Byproduct?: "But I was surprised to see, tucked in the data-rich report card produced by Joint Venture Silicon Valley on the region's economic health, the finding that in Silicon Valley, men with university degrees are earning much more than women." More.

Feb. 8, 2015 - (Tech Crunch) - Startups, a Rich Man's Game: "Joint Venture Silicon Valley, a non-profit regional forum, released its annual Silicon Valley Index, with dozens of tables and charts analyzing the region’s demographics and employment. More.

Feb. 7, 2015 - (San Jose Mercury News) - Scott Herold: Damn Lies and Statistics: "Where do you get decent numbers? Start with the Silicon Valley Index just put out by Joint Venture Silicon Valley. While its numbers come in the aggregate -- it defines Silicon Valley as San Mateo, Santa Clara and southern Alameda counties -- it offers fascinating snippets. More.

Feb. 6, 2015 - (Peninsula Press) - John Hennessy Calls for Universal Preschool, Education Reform: "In a fireside chat keynote at Joint Venture Silicon Valley’s State of the Valley conference Wednesday, Stanford President John Hennessy discussed issues surrounding education reform in Silicon Valley and the broader country." More.

Feb. 6, 2015 - California, Silicon Valley Turning ‘Sustainability’ from Buzzword to Reality: "In a keynote address Wednesday at Joint Venture Silicon Valley’s annual State of the Valley conference, Benjamin Barber...challenged Silicon Valley to make better use of technology to benefit the common good." More.

Feb. 6, 2015 - (San Francisco Chronicle) - Big Gender Pay Gap Persists in Silicon Valley Despite Booming Economy: "Women with a bachelor’s degree or higher continue to earn much less than men, and Silicon Valley’s pay gap is larger than the rest of the state or nationwide, according to a new report by Joint Venture Silicon Valley." More.

Feb. 6, 2015 - (Peninsula Press) - Income Disparity Prompts Need for Public-private Sector Collaboration: "The 2015 Index, published by Joint Venture Silicon Valley, a regional organization of government and industry leaders, indicated the top-tier income in Silicon Valley averages $119,000 per year and the bottom about $27,000 per year." More.

Feb. 6, 2015 - (EE Times) - Stanford Prez Grades U.S. Tech: "The following are excerpts from a fireside chat he gave at the annual State of the Valley event where Joint Venture Silicon Valley released its annual report on the high tech hot spot." More.

Feb. 6, 2015 - (Peninsula Press) - Are Regulatory Agencies Friends of Silicon Valley Startups?: "So said a panel of startup executives discussing the new realities facing Silicon Valley new ventures at Wednesday’s State of the Valley conference." More.

Feb. 5, 2014 - (San Jose Mercury News) - Silicon Valley Really is More Innovative, Study Finds: "'It seems intuitive but it is nice to have social science back us up,' said Russell Hancock, president and CEO of San Jose-based Joint Venture Silicon Valley, a policy organization focused on regional issues. More.

Feb. 5, 2015 - (New Zealand Herald) - Tech Boom Heats Up Valley but Wage Gap Widens: "'"It's not bubblicious, we have grown into this and we've done this incrementally,' said Hancock." More.

Feb. 4, 2015 - (San Francisco Chronicle) - Economy: "The annual Silicon Valley Index released by Joint Venture Silicon Valley, representing businesses, government and the broader community, also shows record venture capital investment in technology." More.

Feb. 4, 2015 - (Wired.com) - Silicon Valley's Biggest Worry Should Be Inequality, Not a Bubble: "Silicon Valley’s economy may be booming, but according to a new report, in recent years, the region has also “'ost its spine'—that spine being the middle class." More.

Feb. 4, 2105 - (EE Times) - Silicon Valley Expands Unevenly: "Silicon Valley’s economy continued to expand in 2014 and is not approaching a bubble but does face serious issues with uneven distribution of wealth, poverty and an over-burdened infrastructure, according to the annual Silicon Valley Index." More.

Feb. 4, 2015 - (MarketWatch) - Silicon Valley Young Adults are Bunking with Mom and Dad: "In the 18- to 34 year-old segment, 32.4% lived with one or both parents from 2009 to 2013, according to a yearly report conducted by think tank Joint Venture Silicon Valley." More.

Feb. 4, 2015 - (Techwire.net) - Report: Silicon Valley Powers to Record Job Boom: "'The hot economy is getting hotter,' said Russell Hancock, president of Joint Venture Silicon Valley. 'It is really extraordinary. We are blowing through every economic record.'” More.

Feb. 4, 2015 - (San Jose Mercury News) - Shuttle Bus Drivers for Apple, Yahoo and Other Tech Giants to Vote on Unionization. "Highly skilled workers in Silicon Valley have a median income of $118,700, dwarfing the $27,000 earned by workers in low-skill jobs, according to a new report from Joint Venture Silicon Valley." More.

Feb. 3, 2015 - (New York Times) - Report: Silicon Valley Tech Economy Booming: "The report shows that with the income and population growth, low-wage earners are being priced out of housing, roadways are increasingly congested, and public rail service is overwhelmed throughout the greater Bay Area. More.

Feb. 3, 2015 - (Los Angeles Times) - Tech Economy is Booming with No Bubble Burst in Sight, Report Says: "Silicon Valley’s economy is booming, according to the Silicon Valley Index, an annual analysis of the region’s job creation, growth rate, earnings and capital investments. And, in comforting news for investors, it shows no signs of slowing down." More.

Feb. 3, 2015 - (ABC7) - Silicon Valley Job Growth Exposes Increasing Gender Wage Gap: "Rachel Massaro with Silicon Valley Institute for Regional Studies says, 'If more women get into those kinds of traditionally male dominated careers, I think it will change the income gap here in Silicon Valley.'" More.

Feb. 3, 2015 - (Silicon Valley Business Journal) - Silicon Valley's Economy: Perhaps Not a Bubble, but Certainly A Boom: "It's a story told over and over again in Silicon Valley: We're growing at rates we haven't seen since the bubble in 2000, according to the 2015 Silicon Valley Index, the annual economic study released Tuesday by Joint Venture Silicon Valley." More.

Feb. 3, 2015 - (Examiner.com) - If You Think Silicon Valley's Highways are Crowded Not, Just Wait: "'We’re just growing like gangbusters,' said Russell Hancock, president and CEO of Joint Venture Silicon Valley. 'Clearly, we continue to be driven by innovation.'" More.

Feb. 3, 2015 - (Santa Cruz Sentinel) - Silicon Valley Economy Up Despite Income, Gender Gap: "The Silicon Valley economy is red hot and the growth is intensifying, according to the latest Joint Venture Silicon Valley Index released Tuesday, but the surge has been accompanied by a yawning income and gender gap." More.

Feb. 3, 2015 - (ABC News) - Report: Silicon Valley Tech Economy Booming: "The annual Silicon Valley Index released by Joint Venture Silicon Valley, representing businesses, government and the broader community, also shows record venture capital investment in technology." More.

Feb. 3, 2015 - (U.S. News & World Report) - Study Suggests Silicon Valley Jobs, Earnings, Inequality on the Rise: "'We’re poised now to blow through all the employment, venture capital and patent records that were set during the crazy dot-com period, only this time we haven’t spiked into it,' Russell Hancock, president and CEO of the Joint Venture Silicon Valley group, said in the report." More.

Feb. 3, 2015 - (Palo Alto Online) - Report Highlights Silicon Valley's Uneven Prosperity: "Fueled by a sizzling tech sector, strong population growth and low unemployment, the Silicon Valley economy has grown rapidly since the doldrum days of the 2008 recession..., according to an annual report released Tuesday by the Joint Venture Silicon Valley. More.

Feb. 3, 2015 - (Wall Street Journal) - Silicon Valley Not a Bubble...Report Says: "According to the think tank Joint Venture Silicon Valley, Silicon Valley’s job growth rate, at 4.1 percent, is the highest it’s been since 2000, adding nearly 58,000 jobs." More.

Feb. 3, 2015 - (San Jose Mercury News) - Report: Silicon Valley Powers to Record Job Boom, but Surge Produces Income Gap: "'The hot economy is getting hotter,' said Russell Hancock, president of Joint Venture Silicon Valley. 'It is really extraordinary. We are blowing through every economic record.'" More.

Feb. 3, 2015 - (Associated Press) - Report: Silicon Valley Tech Economy Booming: "The annual Silicon Valley Index released by Joint Venture Silicon Valley, representing businesses, government and the broader community, also shows record venture capital investment in technology." More.

In The News

November 18, 2019 - (Silicon Valley Business Journal) - In latest BART delay, Bay Area showcases its poor decision-making to the world: ...“is a case of the Bay Area showcasing to the world a monumental example of poor planning and decision-making,” said Russell Hancock, president and CEO of Joint Venture Silicon Valley. More

November 15, 2019 - (Silicon Valley Business Journal) - Opinion: What gets measured matters: “It’s simply wrong to say that women are not innovative...That would be factually incorrect and a hurtful and damaging conclusion,” said Russell Hancock, CEO of Joint Venture Silicon Valley. More

November 13, 2019 - (San Jose Spotlight) - Amid growing income disparities, Silicon Valley nonprofit aims to redirect donors to their own backyards: the gap between the ‘haves’ and the ‘have-nots,’ is vast and appears to be growing, a Joint Venture Silicon Valley report affirmed in February. More

November 12, 2019 - (IEEE Spectrum) - Will 5G Be Bad for Our Health? IEEE Senior Member David Witkowski is cochair of the initiative’s Deployment Working Group…is the executive director of the Wireless Communications Initiative forJoint Venture Silicon Valley More

November 7, 2019 - (Silicon Valley Business Journal) -The $4.5 Billion Puzzle: “This is coming from a company that historically has not done this sort of thing before,” said Russell Hancock, president and CEO of Joint Venture Silicon Valley More

November 1, 2019 -  (SIlicon Valley Business Journal) - Downtown San Jose tenants grapple with relocating amid a development boom and rising rent prices in the city’s core: Joint Venture Silicon Valley, a think tank that provides analysis and action on Silicon Valley's socioeconomic challenges, is planning to move out of CityView Plaza in either the second or third quarter of 2020. More

November 1, 2019 - (Mercury News) - Will Bay Area exodus grow with fires and blackouts? Silicon Valley lost 22,300 residents last year, replaced by nearly as many foreign immigrants settling into the region, according to a recent study by Joint Venture Silicon Valley. More

October 18, 2019 - (San Jose Spotlight) - Report: Downtown San Jose businesses move northward as tech keeps Bay Area market hot.  The report, released Friday by Joint Venture Silicon Valley Institute for Regional Studies ...shows that commercial development is going strong along the Peninsula and in Silicon Valley, with 13 million square feet under construction, a 19-year high, according to the report.  More

October 18, 2019 - (Palo Alto Online) - Peninsula cities, companies explore partnership to tackle traffic congestion: Launched by Joint Venture Silicon Valley, the series sought to bring all the parties together to exchange knowledge about transportation-demand management... More

October 16, 2019 - (KPIX CBS TV) - Salesforce CEO Says Facebook Is 'Like Cigarettes,' Should Be Broken Up: "We have a long-standing tradition of breaking up monopolies in this country," said Russell Hancock, CEO of Joint Venture Silicon Valley. More