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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.

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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.

Also assembling user groups for emergency response, transportation, and 5.9 GHz wireless services

February 14, 2007 – Joint Venture: Silicon Valley Network today announced that the City of Palo Alto and the City of San Carlos have agreed to become the first sites of the Concept City Phase of the Joint Venture Wireless Silicon Valley Network.

Silicon Valley Metro Connect, a collaboration of IBM, Cisco Systems, SeaKay and Azulstar, will build out a one-square mile area in each city to demonstrate and test the capabilities of the wireless equipment and applications that will be implemented as part of the Silicon Valley-wide wireless broadband network that will be the heart of the Joint Venture Wireless Silicon Valley effort.

Frank Benest, City Manager for the City of Palo Alto said, “Palo Alto has always been at the cutting edge of cities using technology to upgrade and enhance services for the public, and this is no exception.”

“As a charter member of Joint Venture: Silicon Valley Network, the City of San Carlos has been proud to play an early role in several of the group’s signature projects over the years, including Net Day, Smart Voter, Challenge 2000 and Smart Permit,” said Brian Moura, Assistant City Manager, San Carlos and Chairman of the San Mateo Telecommunications Authority (SAMCAT). “We are proud to have been selected as one of the Concept Cities for Joint Venture’s Wireless Silicon Valley Initiative. We look forward to working with Silicon Valley Metro Connect, the 41 participating entities, Joint Venture: Silicon Valley Network, SAMCAT and our residents and businesses to move this exciting initiative from concept to reality in the next 120 days.”

A series of 30 to 45 "access points" will be installed on city street lights and buildings in each of the Concept Cities for up to 120 days to study the topography and radio frequency (RF) requirements of the proposed Wireless Broadband Network. The Concept City areas will demonstrate the network’s infrastructure layout, and potential uses to residents and businesses, as well as city and county officials throughout the region. The network will not be open to the general public during the initial portion of the test phase.

Joint Venture’s Wireless Silicon Valley Initiative also announced that it is exploring the formation of the first Wireless Users Groups to broaden the capabilities of the wireless broadband network:

The Intelligent Transportations Systems User Group will bring together automotive company research centers located in Silicon Valley with regional transportation agencies and Metro Connect engineers. The group will explore applications of wireless networks for traffic management and safety using both the Wireless Broadband Network of the initiative and the 5.9 GHz frequency available to the automotive industry for such applications.

The Emergency Response User Group will invite existing regional emergency communications organizations to team up with the Wireless Silicon Valley Task Force and the Silicon Valley Metro Connect team. This group will collaborate on the design of the network and help ensure that it meets the needs of public safety organizations.

“The formation of these users groups is really exciting,” said Dan Fenton, President and CEO of the San Jose Convention and Visitor’s Bureau. “The network is going to attract entrepreneurs from all over the world to test out their ideas for new wireless products, applications, and services. Silicon Valley offers a truly unique platform of technology and people for exploring new paradigms that bridge social benefit and economic development.”

In parallel to the work going on in the Concept Cities, the Wireless Silicon Valley Task Force that is overseeing the project and Silicon Valley Metro Connect continue to work toward finalizing a model agreement and an enhanced services agreement for the use of services on the wireless broadband network by the public agencies. The Task Force is also planning to form a regional Joint Powers Authority to provide long term oversight for the program.

More than just a promise of a pervasive wireless broadband network Joint Venture’s Wireless Silicon Valley Initiative will ultimately connect all the communities of Silicon Valley at broadband speeds. The network will enable enhanced efficiency and renewed economic vitality for Wireless Silicon Valley’s member entities and their diverse constituents.

“Silicon Valley has always been on the cutting edge of invention,” said Joint Venture CEO Russell Hancock. Now Silicon Valley is the first to implement a seamless wireless network on a regional scale.”

To view maps of the planned test areas in Palo Alto and San Carlos, visit: www.jointventure.org.

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