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Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

What's Happening Now

Meet John Boland, KQED Public Media

John Boland speaking at graduationEvery leader aspires to leave a legacy of success. John Boland, a member of the board of directors at Joint Venture Silicon Valley, has done just that at KQED. At a time when most regional news entities are struggling, Boland catapulted KQED from a traditional public broadcast outlet into a multimedia stronghold. The eldest of 12 and a college dropout, Boland served as President and CEO of KQED through March 2019, and is now president emeritus. 

Read the profile

CBS News: San Jose has highest-paid workers

video image May 20, 2019 - Joint Venture CEO Russell Hancock says, "it's no surprise," when interviewed by CBS News on a new report that says the nation's highest paid workers are in San Jose. With an average annual median income of $117,000, “our numbers are skewed by people who are making obscene amounts of money. Silicon Valley is a place that has 50 billionaires,” Hancock said. “We’re spiraling upwards in terms of our costs, our housing, for everything,” Hancock said. “You see those costs rising faster than anywhere in the country. And it’s because the market can bear it.”

Watch the news clip

Russell Hancock on Tesla stock plunge

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May 20, 2019 - Russell Hancock, president and CEO of Joint Venture, was interviewed by CBS News when one Wall Street analyst issued a “code red” on Tesla for not meeting internal production goals and getting distracted in side ventures. Hancock says “I think shareholders are saying this product that is world changing, maybe now we need some adult supervision–doing the things that Detroit has done for a very long time.”

Watch the news clip

Institute Report: space under construction rivals dot com boom

black and white report cover May 3, 2019 – Joint Venture Silicon Valley’s Institute for Regional Studies has released its Q1 2019 report on Silicon Valley commercial space. The report shows that activity is brisk and demand is high, especially for commercial space located near public transit. Office vacancy rates – which were relatively high between Q4 2017 and Q4 2018 due – fell significantly in Q1 2019 to 13.4%.

Learn more | Read news release

Data Release: Silicon Valley sets pace for electric vehicle adoption 

Electric car May 15, 2019 - The Joint Venture Institute for Regional Studies today reported that Silicon Valley’s total number of registered electric vehicles (EVs) surpassed 80,000 in 2018, comprising nearly 20% of all such vehicles in California, and by far the highest numbers of any region per capita. Learn more

Joint Venture Food Rescue hits new milestone

150K pounds of food & 80K meals in 6 months

May 13, 2019 - Joint Venture’s food rescue initiative, A La Carte, has collected more than 150,000 pounds of prepared surplus food from universities and corporate food services...more than 80,000 meals for people who are food insecure. This spring A La Carte will purchase an additional truck. John A. Sobrato, Chairman Emeritus of Sobrato Development Companies, Sobrato Philanthropies, and a current member of Joint Venture’s board of directors, has donated $125,000 to the effort.

Learn more

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 www.siliconvalleyindicators.org?

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 2019 Silicon Valley Index.

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:

Crew SV logo Eastdil Secured logo University of California - Santa Cruz 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.

2016 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.

February 17, 2016 - (Wall Street Journal) - Even in Boom Time, Silicon Valley Lost Some Jobs Last Year: “'These sectors that are shrinking tell an important story about who we are and what we’re doing in the valley,'” said chief executive of Joint Venture Silicon Valley Russell Hancock. More.

February 16, 2016 - (CBS Bay Area) - Study: Bay Area Can't Keep Up With Job, Income Growth in Silicon Valley: "Joint Venture, a Silicon Valley think tank just released its 100-page annual report, titled the 2016 Silicon Valley Index. It basically deconstructs the burgeoning Bay Area economy and points out a string of positives and resulting negatives, with no quick fixes in sight." More.

February 14, 2016 - (Viodi) - An Opportunity to be a Model for the Rest of the World: "Addressing the long-term challenges is what JVSV does. Their 2016 State of the Valley Conference provided a venue to discuss the challenges, look into the future and present possible ways to move the valley forward." More.

February 14, 2016 - (Bharat Press) - Majority of Silicon Valley Employees not U.S. Born?: "'It’s extraordinary, actually, and a factor to have fun,' stated Russell Hancock, CEO of Joint Venture." (No link available)

February 13, 2016 - (Times of India) - Majority of Silicon Valley Employees are Foreign-born: "Nearly three-quarters -- 74% -- of Silicon Valley-employed computer and mathematical workers ages 25 to 44 in 2014 were foreign-born...according to the annual report of the Joint Venture Silicon Valley." More.

February 12, 2016 - (The American Bazaar) - 74% of all Silicon Valley Young Workers in Computer, Mathematics Fields are Foreign-born: "An astounding nearly 74% of all Silicon Valley-employed computer and mathematical workers ages 25-44 in 2014 were foreign-born, according to the 2016 Silicon Valley Index released by Joint Venture Silicon Valley. More.

February 12, 2016 - (San Jose Mercury News) - Jobs and Income Boom in Silicon Valley Creates Wealth Divide: "To be sure, the pace of job growth in Silicon Valley is nothing short of spectacular, attendees at the 2016 State of the Valley Conference learned." More.

February 12, 2016 - (Examiner.com) - Political Heavyweights Speculate on the State of Silicon Valley: "The debate was ignited anew when Joint Venture Silicon Valley released their annual economic study this week and the group held a “State of the Valley” conference today in San Jose, California." (No link available)

February 10, 2016 - (Palo Alto Online) - Silicon Valley's Year: 'Amazing' but with 'Perils': "The 2016 Silicon Valley Index ... found that Silicon Valley employment increased 4.3 percent in 2015, a level that has been unprecedented in any other year except 2000, Russell Hancock, president and CEO, said during a Wednesday press conference." More.

February 10, 2016 - (ABC7 News) - Report: Silicon Valley's Tech Economy a Mixed Bag of Pros and Cons: "'here are valuations that investors are starting to feel are probably too high, an adjustment going on,' said Russell Hancock, Joint Venture President and CEO." Video.

February 10, 2016 - (San Jose Mercury News) - Tech-Fueled Job Market Powers Record Boom for Silicon Valley: Report: "'Silicon Valley in 2015 had an amazing year, it was a record-breaking year," said Russell Hancock, chief executive officer of Joint Venture Silicon Valley, which released the report.'" More.

In The News

May 23, 2019 - (Curbed San Francisco)Joint Venture Silicon Valley released its annual Silicon Valley Index and reported “for the third year in a row, people are moving out of Silicon Valley nearly as quickly as they are moving in.” More

May 20, 2019 - (CBS San Francisco) - Tesla Stock Plunges: for Russell Hancock, the president and CEO of Joint Venture Silicon Valley, the issue is the assembly line. More

May 20, 2019 - (CBS San Francisco) -New Report Shows San Jose Has Nation’s Highest-Paid Workers:“It’s no surprise,” said Russell Hancock, the CEO of Joint Venture Silicon Valley More

May 16, 2019 - (IWCE's Urgent Communications) -Jeff Lewis, director of the smart-region initiative for Joint Venture Silicon Valley, outlines the benefits that government entities can realize by coordinating communications initiatives More

May 16, 2019 - (Mercury News) - The Gary Dillabough Effect: Transforming downtown San Jose, 20 buildings at a time: Joint Venture board member Gary Dillabough profiled. More

May 10, 2019 - (Mercury News) - Bay Area wage growth slowing, but still among best in the nation: Russell Hancock, president of Joint Venture Silicon Valley, said he’s still bullish about the regional economy. More

May 8, 2019 - (San Jose Spotlight) - Tech leader Matt Mahan jumps into San Jose council race: serves as a board member of the Silicon Valley Leadership Group and Joint Venture Silicon Valley More

May 3, 2019 - (Silicon Valley Business Journal) -Silicon Valley real estate showed strength in the first quarter of the year with strong commercial demand, especially for space close to public transit, Joint Venture Silicon Valley reported... More

May 1, 2019 - (The Registry) - SiliconSage Homes CEO Sanjeev Acharya Joins the Joint Venture Silicon Valley Board of Directors More

April 25, 2019 - (Mercury News) - New Bay Area crown: Most expensive place in the world to build; “Another dubious award for the Bay Area,” said Russell Hancock, CEO of the non-partisan, regional think-tank Joint Venture Silicon Valley. More

April 22, 2019 - (Mercury News) - Bay Area paradox: We need housing, but we don’t want to build faster:  a recent study by Joint Venture Silicon Valley estimated the region is short as many as 108,000 homes and apartments. More

April 20, 2019 - (The Almanac) -Midpeninsula mayors, tech company transportation leaders convene to talk traffic: They were there to launch the "Manzanita Talks," a series of discussions convened by Joint Venture Silicon Valley More

April 16, 2019 - (KPIX 5) - Lawsuit Claims Apple Misled Hundreds Of Thousands Of Investors: “This is new territory for Apple,” said President and CEO of Joint Venture Silicon Valley Russ Hancock. More

April 12, 2019 - (Silicon Valley Business Journal) - Silicon Valley's 2019 Women of Influence award winners: Rachel Massaro, Vice President and Director of Research at Joint Venture Silicon Valley and Director of Research for the Silicon Valley Institute for Regional Studies. More

April 9, 2019 - (City Journal) - This year, Harris keynoted the Joint Venture Silicon Valley conference, and she is once again reaping large donations from tech and media giants. More