2016 Newsletters

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State of the Valley presents New York Times’ David Brooks, welcomes Microsoft as new lead sponsor

David Brooks headshot

New York Times political columnist and author David Brooks will deliver keynote remarks at Joint Venture’s 2017 State of the Valley conference. Joint Venture is also announcing that Microsoft is the new lead sponsor of the event February 17 in San Jose.

Brooks, a regular analyst on PBS NewsHour and All Things Considered, author of several books and a teacher at Yale University, will present his view of Silicon Valley’s relationship with the new political order in Washington, D.C. under Donald Trump’s presidency.

In addition to Mr. Brooks, the 2017 conference will also:

  • explore how Silicon Valley is charting a new future for automobile technology.
  • lay out a vision for Silicon Valley cities to come together as the nation's leading "Smart Region," by harnessing the power of technology and data analytics.
  • issue a new report detailing the state of bicycling in Silicon Valley and provide an agenda for providing high-quality, continuous bike infrastructure across the region.

The conference will also feature the release of the 2017 Index, and more.

State of the Valley is Joint Venture’s annual “town hall” meeting, where more than 1200 of the region’s government, business and community leaders gather for an update on the Silicon Valley economy, challenges and opportunities.

More info and registration here.

Joint Venture board adds Google and SVB executives

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The Joint Venture board of directors has elected Google Government Affairs and Public Policy Manager Javier Gonzalez and Silicon Valley Bank’s Head of Corporate Social Responsibility Craig Robinson as its newest members.

Gonzalez has a broad range of experience in government and legislative advocacy in the Bay Area, Silicon Valley and Sacramento. Robinson has been with SVB eight years, previously serving as Head of Enterprise Risk Management and CRA Officer.

Read the news release.

Institute Report: Job growth, rising home prices increase Silicon Valley megacommuting

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Silicon Valley’s economic boom is forcing greater numbers of solo drivers to endure megacommutes of 90 minutes or more to work, the Joint Venture Silicon Valley Institute for Regional Studies has reported.

The Institute found that 5.3% of Silicon Valley workers in 2015 were megacommuters, up from 3% in 2011. They are coming primarily from Alameda County (18.4%), San Francisco (19.8%), and San Joaquin County (13.1%).

Read the news release.

Peninsula economy update: Jobs and population growth worsen housing shortage, transportation

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Sustained economic growth has brought a surge of jobs and residents to the San Francisco Peninsula, exacerbating the area’s lack of housing and transportation challenges, according to a new report on the Peninsula economy from Joint Venture Silicon Valley’s Institute for Regional Studies.

The region’s unemployment rate has fallen below four percent – levels not seen since the dot-com peak in 2000 – and poverty rates are well below state and national levels, according to the report.

Read the news release.

Our December Spotlight

Kailesh Karavadra

Managing Partner, Ernst & Young, and Joint Venture board member


Just about now, as the calendar turns to December, Kailesh Karavadra will be shaving off his “Movember” beard, ending his first venture into the annual event that encourages men to sprout facial hair during the month of November to raise awareness for men’s health issues.

For Karavadra, the managing partner of Ernst & Young’s San Jose office and a Joint Venture board member, the global Movember cause has been a “growth” experience in more ways than one.

Read Kailesh’s profile.

Sustainability leader Don Bray joins Silicon Valley Clean Energy

Don Bray headshot

Don Bray, Director of Joint Venture’s smart energy and sustainability programs for the past four years, has joined Silicon Valley Clean Energy (SVCE), the new community choice energy agency that will begin serving electricity customers across twelve Silicon Valley communities in 2017. Don will manage strategic commercial accounts, account services, and program development for SVCE.

Ongoing Joint Venture activities, such as the EV Infrastructure Interest Group, will continue to be operated by Joint Venture. New “smart energy” program activities will be organized and chartered under the direction of SVCE. Don will remain active with Joint Venture as a member and SVCE liaison.

Over the past four years, Joint Venture smart energy initiative has been instrumental in convening and delivering innovative regional energy programs focused on energy systems transformation in Silicon Valley’s commercial sector.

Next month’s newsletter will feature a longer overview of the initiative and its achievements since it launched in 2012.

Learn about Silicon Valley Clean Energy.

SEEDZ Initiative Overview.

Measures A and B pass with Joint Venture support

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Joint Venture's support helped persuade Santa Clara County voters in November to pass ballot Measures A and B to provide more affordable housing and support transit improvements in the region.

Measure A, a bond measure to raise up to $950 million to provide affordable housing for the homeless, low-income families and first-time homebuyers, passed with 67% of the vote. Measure B, a 30-year, 1/2-cent sales tax to enhance transit, highways, expressways and active transportation, received 71% approval.

All Santa Clara County election results.

Joint Venture Silicon Valley provides analysis and action on issues affecting our region's economy and quality of life.

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Joint Venture's initiatives, publications, events and regional expertise receive frequent coverage in the national and local news media. Our staff is always available to comment on economic trends in Silicon Valley.

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