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Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

What's Happening Now

Municipal Internet of Things Blueprint Released

Innovation CitiesJuly 10, 2019 – Joint Venture's civic technology team announced publication of Municipal Internet of Things (IoT) Blueprint, a free PDF download to inform local government leaders about trends in the IoT. Published by the Wireless SuperCluster, a part of the Global City Teams Challenge (GCTC) project, and led by the National Institute of Standards and Technology (NIST), the tool was co-edited by David Witkowski, Executive Director of Joint Venture’s Civic Technologies Program.

Data Release: Silicon Valley has access to cleaner power than CA or the U.S.

solar panels and wind millsJuly 9, 2019 - The Joint Venture Silicon Valley Institute for Regional Studies has released a comparative analysis of local sources of power by emissions intensity. In just three years, the majority of Silicon Valley energy customers – both residents and businesses alike – have transitioned away from PG&E to community choice energy programs.

Read the release

Joint Venture & SVCE Tackle Green Building Rules

Illustration showing connection between clean electricity and clean communityJuly 1, 2019 - Joint Venture is partnering with Silicon Valley Clean Energy to promote local green building rules through an innovative mechanism called reach codes. Under state law, cities and counties may adopt local ordinances that exceed state codes to ensure new buildings promote a clean and healthy future through greenhouse gas (GHG) reductions.

Learn More

Joint Venture Food Recovery Partners with Loaves & Fishes

Loaves & Fishes logoCollaboration will double community impact

July 1, 2019 – Joint Venture Silicon Valley and Loaves & Fishes Family Kitchen have formed a partnership that will enable Joint Venture’s Food Recovery initiative, known as A La Carte, to transfer day-to-day operations to Loaves & Fishes Family Kitchen. Effective immediately, A La Carte operations will be managed by Loaves & Fishes, including pick-up and delivery operations and the fleet of trucks that deliver meals to people who are in need.

Read the News Release

Facebook funds new truck for Food Rescue

group standing in front of truckJuly 1, 2019 - Facebook, in partnership with Flagship Facility Services, Inc., 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 people with disabilities

people chatting July 1, 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

July 1, 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

July 1, 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.

Leading wireless broadband provider to businesses joins Cisco for Wireless Silicon Valley ‘Concept City’ test

San Jose, Calif. | February 26, 2008 – Covad Communications Group Inc., (AMEX: DVW), a leading national provider of integrated voice and data communications, announced today that it will use technology from Cisco to deploy a wireless broadband test network in San Carlos, California. The test is part of the ‘Concept City’ phase of Wireless Silicon Valley, a project of Joint Venture: Silicon Valley Network.

Covad’s Covad Wireless business unit, which already serves business customers in San Carlos, will layer a new wireless broadband mesh capability onto its existing fixed wireless broadband service. Covad Wireless will use the latest wireless equipment from Cisco to create a mesh network, and judge performance, user experience and customer demand during the testing period. Central to the test is creating a repeatable financial and operational model. Following the completion of the test, Covad Wireless will explore expanding the mesh service to additional locations in the region.

“The Wireless Silicon Valley strategy aligns well with our goal to expand wireless broadband service in Silicon Valley,” said David McMorrow, General Manager for Covad Wireless. “In the past year, the municipal wireless market has grown and changed dramatically, and Wireless Silicon Valley’s focus on economic development and multiple types of outdoor wireless broadband service is now a better fit for our differentiated approach at entering this market segment.”

Extension of existing, high-margin business model

Unlike many of the municipal WiFi experiments in other metropolitan areas, the San Carlos test network is an extension of Covad Wireless’ existing, high-margin fixed wireless business and benefits from the expertise of Cisco and the participants in the Wireless Silicon Valley initiative. Covad Wireless operates California’s largest fixed broadband wireless network serving businesses, and views this test network as an exciting opportunity to reach new segments of the business market, such as small business and home office customers, while utilizing its existing infrastructure. The company currently offers fixed broadband wireless access using WIMAX, pre-WIMAX, and LMDS technology to deliver services with data speeds of up to 100 Mbps to over 1,700 business and enterprise customers in the San Francisco Bay Area. The City of San Carlos is already an existing, satisfied customer of Covad Wireless and is able to provide cost-effective access for wireless equipment to poles, rooftops and other locations, and a continuing test base for municipal services.

Covad Wireless believes, and hopes to validate through this test, that wireless broadband mesh technologies, including WiFi/802.11, can provide a cost-effective extension of its service delivery model by economically enabling services targeted at new market segments, such as:

  • Fixed broadband wireless access for the Small Office/Home Office (SoHo) and Very Small Business market segments requiring self installation and competitive market pricing
  • Nomadic and portable services for vertical market segments such as mobile business and sales professionals and municipal field services
  • Telemetry services for municipal and select vertical market segments

An ideal partnership

“We are very pleased to welcome Covad Wireless as the service provider partner for the San Carlos ‘Concept City’ test,” said Seth Fearey, vice president and chief operating officer for Joint Venture: Silicon Valley Network and director of the Wireless Silicon Valley project.

Added Covad’s McMorrow, “Covad Wireless has developed a service delivery model that utilizes different wireless technologies to maximize flexibility and meet the unique needs of customers. By using the advantages of each technology within the test network, we plan to leverage incremental value, achieve lower costs, and ensure higher customer satisfaction.”

About Covad

Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, broadband wireless, Web hosting, managed security, IP and dial-up, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The foregoing contains "forward-looking statements," which are based on management's current information and beliefs as well as on a number of assumptions concerning future events made by management. Examples of forward-looking statements include expectations regarding the deployment and performance of the wireless broadband services described above and Covad’s ability to provide a cost-effective extension of its service delivery model by economically enabling services targeted at new market segments. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Covad's control that could cause actual results to differ materially from such statements. These risk factors include operational challenges that may arise as we deploy wireless services, the impact of increasing competition, pricing pressures and changes in technologies, among other risks. For a more detailed description of the risk factors that could cause such a difference, please see Covad's Forms 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission. Covad disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of Covad.

In The News

July 16, 2019 - (Energy Pages) - Rise of Energy Choice Diminishes PG&E’s Silicon Valley Market Share:Silicon Valley residents have greater access to cleaner energy compared to the rest of California and the rest of the country, says The Joint Venture Silicon Valley Institute for Regional Studies. More

July 10, 2019 - (American City & County) - Small cells, big uncertainties: “The FCC’s approach is a pretty blanket approach. And it may not account for all of the nuances of local government..." notes David Witkowski, executive director of civic technology initiatives at Joint Venture Silicon Valley. More

July 8, 2019 - (Mercury News) - Exodus: For Bay Area millennials, moving up means moving out: In 2017, roughly 36 percent of Silicon Valley adults between the ages of 18 and 34 lived with their parents, according to an analysis by Joint Venture Silicon Valley. More

July 5, 2019(KPIX-TV5) - New Numbers Show Silicon Valley Tech Jobs Are Moving North: "The workforce is young," says Joint Venture CEO Russell Hancock.  More

June 29, 2019 - (Mercury News) - Pizarro: Literary Send-Off - Joint Venture Silicon Valley CEO Russell Hancock and his wife, Marguerite Hancock, hosted a reception to bid farewell to Duffy Jennings, who served as Joint Venture’s communications director for the past 11 years. More

June 26, 2019 - (Michigan Daily) - KLA opens temporary R&D site in Ann Arbor:According to Curbed San Francisco, a recent census done by Joint Venture Silicon Valley discovered the median home sale price for a house is $1.2 million. More

June 26, 2019 - (The Almanac) - Manzanita Talks move forward: Efforts to bring together public and private sector leaders to talk about how to address regional transportation problems moved forward on June 13 with what Joint Venture Silicon Valley President and CEO Russell Hancock called a historic discussion. More

June 25, 2019 - (KQED News) - Stanford Wants to Expand: Russell Hancock, a Stanford lecturer and also president and CEO of Joint Venture Silicon Valley, said, "It's always baffling to me when the neighbors vilify Stanford. This is a world class institution. There would be no Silicon Valley without Stanford." More

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