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Tickets available: 2024 State of the Valley Conference, March 1

logoFebruary 12, 2024 - Register now for the 2024 State of the Valley Conference Friday, March 1. The event will be livestreamed from San José State University. Count on the most recent data on the state of the Bay Area and illuminating analysis by experts who will break down the numbers. You can purchase a virtual ticket for $35. Your virtual ticket provides access to all livestream proceedings, the ability to post interactive chats and a PDF version of the 2024 Silicon Valley Index.

Learn more | Register

Rachel Massaro honored by Board of Supervisors

February 12, 2024 - Rachel Massaro, Vice President of Joint Venture, and Director of Research at the Silicon Valley Institute for Regional Studies was honored with a commendation from the Santa Clara County Board of Supervisors for their work. Susan Ellenberg, President of the Board of Supervisors, who presented Massaro with the award called Rachel a “nationally recognized leader in data analysis, including serving as the primary researcher and energetic scholar behind the annual Silicon Valley Index, an essential tool for Silicon Valley leaders across economic sectors for more than 25 years.”

Joint Venture board adopts strategic plan

February 12, 2024 - 2023 marks Joint Venture’s 30-year anniversary. It remains the only organization that gathers leaders and change-makers from across all sectors to spotlight issues, launch projects, and work toward innovative solutions. To mark the anniversary, Joint Venture’s board has adopted a new strategic plan that will double down on its mission and set off a capacity-building effort over the next five years with three distinct pillars: to grow research expertise; to convene the region; and a plan for financial sustainability.

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Institute: GBI modeling shows impact for Santa Clara County families

coverFebruary 12, 2024 - Joint Venture’s Institute has completed a report in partnership with the University of Washington School of Social Work, Center for Women’s Welfare which models guaranteed basic income (GBI) scenarios. Supported by a 2022-23 grant from the County of Santa Clara with additional support from Silicon Valley Community Foundation, Modeling Guaranteed Basic Income & Household Income Adequacy in Santa Clara County examines how GBI programs can help move families out of poverty and into economic security.

Read the report

Meet Barry Vesser, The Climate Center

February 12, 2024 - Carl Sagan once said, “Anything else you’re interested in is not going to happen if you can’t breathe the air and drink the water. Don’t sit this one out. Do something." Barry Vesser, COO of the Climate Center, has taken this sentiment to heart. Barry leads The Climate Center’s program and policy development and implementation teams. Barry moved around a great deal as a young man and served in the Peace Corps in the Philippines where he was inspired by the sense of community and kindness that was expressed by people of modest means. 

Read the profile

Silicon Valley Indicators

indicators home page Comprehensive information and data about the Silicon Valley ecosystem is always available at

Data and charts from the Silicon Valley Index (and more) are presented on an interactive website that allows users to explore Silicon Valley trends. Indicators are presented by the Institute for Regional Studies. Housed within Joint Venture Silicon Valley, the Institute provides data and analysis on issues facing dense metropolitan regions.

What is Joint Venture Silicon Valley?

Established in 1993, Joint Venture provides data and analysis on issues affecting the Silicon Valley economy and quality of life. The organization convenes established and emerging leaders—from business, government, academia, labor and the broader community—to spotlight issues, and work collaboratively toward innovative solutions.

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I hope Summer's memory inspires you all, too.

  1. To stand up loudly and boldly to injustice, even when it is difficult or an inconvenience or may come at your personal expense.
  2. To take a critical look at yourself and see how systems of oppression have wired your thoughts, feelings, and behavior in ways you may not have even been aware of (and then, take meaningful action to change that).
  3. To not just post online, but continue to go out into the streets until justice comes.
  4. To be kind to yourself and one another, because every moment of life is precious.

The loss of Summer’s life points to the countless Black lives stolen by police brutality and other forms of racial injustice in our country Summer risked their life so that you would know that their lives matter, too.

I come from a mixed-income, multiracial community in northern Seattle. A Stanford education is beyond the wildest dreams of most students I grew up with. The son of a Mexican immigrant, I am incredibly blessed to have my hard work and the sacrifices of the generations before me bear the fruit of a Stanford education. However, this opportunity is a privilege that I can either keep to myself or share with others.

This is why I am studying Public Policy at Stanford. This is why I have spent my first year researching gentrification in the Tenderloin, urban development in San Jose, and emergency rent assistance in Santa Clara County. This is why I spent the last month of my remote spring quarter joining classes on Zoom while protesting police brutality in Seattle. This is why I am spending my summer interning for an affordable housing nonprofit while also working for Joint Venture as a Benest Fellow.

I want to learn how to use innovative policymaking to undo the racist hierarchies that extend far beyond policing. Racial justice extends into transforming our housing, our economy, and our climate. I hope that my experiences continue to equip me with an arsenal of knowledge and skills so that I can strike at these systems whenever I have the chance. I don’t know where my studies and career will take me, but my goal is to be ready for the day that I can pierce them at their heart. Until then, Summer’s memory will always remind me of what antiracism, allyship, and courage really looks like.

I have tried my best to take every chance I have to learn from the incredible Black faculty at Stanford. Vastly underrepresented as only 2% of the university’s faculty, these professors and their work deserve to be recognized. I encourage anyone who has read Summer’s story to also explore the work of these four professors I have had the privilege of learning from in my first year at Stanford::

  • Jennifer Eberhardt is a psychologist specializing in implicit racial bias, with past work focusing on policing (author of the book Biased).
  • Steven Roberts is another psychologist who works on social grouping, particularly with young children conceptualizing race.
  • Hakeem Jefferson is a political scientist researching American identity politics and Black political participation.
  • Ken Taylor was a philosopher interested in the philosophy of language and mind. He passed this last December.

In the moments before Summer's life was taken, they were dancing. I hope, more than anything else, their memory reminds us to find moments of joy and love as we continue in the fight for racial justice.


About the Author

José Luis Gandara is one of Joint Venture's 2020-2021 Benest Fellows.

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In The News

February 20, 2024 - (San Jose Spotlight) - How many Santa Clara County tech workers have been laid off? ...hiring spiked the region’s market cap to an unheard $16 trillion, according to Russell Hancock, CEO of Joint Venture Silicon Valley More

February 18, 2024 - (Silicon Valley) - Bay Area tech layoffs finally start to weigh down region’s job market: Tech companies seek heightened efficiency, said Russell Hancock, CEO of Joint Venture Silicon Valley More

February 14, 2024 - (EdSource) - California parents pay among the highest costs for child care: Child care in techie Silicon Valley is even costlier...according to the 2023 Joint Venture Silicon Valley Index. More

February 14, 2024 - (San Jose Spotlight) - Silicon Valley parents face highest child care costs: Child care in Silicon Valley is even more costly...according to the 2023 Joint Venture Silicon Valley Index. More

February 9, 2024 - (Mercury News) - Pure Storage, Google, mobile games company trim Bay Area jobs as tech cutbacks widen: “Tech companies hired too many people during the pandemic, and now we are seeing right-sizing,” said Russell Hancock, president of Joint Venture Silicon Valley...More

January 24, 2024 - (NBC) - Bay Area tech layoffs continue despite overall economy getting AI-related boost: "...This happens over and over, it's been our story for 80 years," said Russell Hancock, CEO of Joint Venture Silicon Valley. More

January 19, 2024 - (Mercury News) - Bay Area job market surges with big December gains to cap off 2023: “The job numbers are impressive but not surprising,” said Russell Hancock, president of Joint Venture Silicon Valley More

January 16, 2024 - (New York Post) - Tech moguls ‘optimistic’ about San Francisco despite sprawling urban decay: “San Francisco is vibrant. It’s a magnificent city,” Russell Hancock, president and chief executive of the think tank Joint Venture Silicon Valley More

January 16, 2024 - (Los Angeles Times) - All is lost in San Francisco? City loyalists take issue with naysayers. Data may back them up: Russell Hancock, CEO of Joint Venture Silicon Valley, said most disagree that San Francisco has somehow lost its allure. More

January 8, 2024 - (Silicon Valley) - Housing projects supplant Bay Area offices, stores as tech boom fades: “We will see how the housing conversions work out,” said Russell Hancock, president of Joint Venture Silicon Valley More

January 5, 2024 - (Silicon Valley Business Journal) - Economic Forecast: Tech remains king in Silicon Valley - Russell Hancock, president and CEO of Joint Venture Silicon Valley, said tech industry jobs losses also need to be put into perspective. More

January 5, 2024 - (SIlicon Valley Business Journal) - Economic Forecast: Empty offices, smaller projects become the new norm - "...they prefer working in pajamas and staring into a computer screen because they are utility-maximizing people,” said Russell Hancock, CEO of Joint Venture Silicon Valley. More

January 2, 2024 - (Silicon Valley) - Bay Area office vacancies balloon to all-time high as tech wobbles: “Silicon Valley is an innovation economy,” Russell Hancock (CEO of Joint Venture) said. More