Current News Coverage
June 26, 2020 - (MarketWatch) - Silicon Valley economy remains strong 100 days into coronavirus, compared to other industries: Silicon Valley unemployment was down slightly in May, to 11% from 11.6% in April, according to Joint Venture Silicon Valley’s Institute for Regional Studies. More
June 24, 2020 - (The Enterprise Project) - IT careers: 4 ways remote work could dramatically reshape your options: To give a sense of the magnitude of the issue, an analysis of U.S. Census Bureau data by the Silicon Valley Institute for Regional Studies estimates the ethnic composition of Silicon Valley includes only 2 percent Black people... More
June 24, 2020 - (Breitbart) - Report: Big Tech Pushes ‘Diversity’ While Two-Thirds of Silicon Valley Hires Are Foreign-Born - The 2020 Silicon Valley Index published by Joint Venture, a 501(c)(3) organization examining the Bay Area with a focus on the technology industry, found that 38 percent of Silicon Valley workers are foreign-born. More
June 24, 2020 - (24/7 Wall Street) - White Supremacy and Inequality in Silicon Valley: In the 2020 Silicon Valley Index published by Joint Venture Silicon Valley’s Institute for Regional Studies, the researchers note that new housing permits were issued for just 173,000 new housing units, roughly enough to house about 20% of the expanded workforce. More
June 23, 2020 - (Bridge to Tomorrow) - Is Florida an attractive destination for Silicon Valley tech “refugees”: According to the 2020 Silicon Valley Index report, which was published by the Joint Venture Silicon Valley Institute for Regional Studies, two-thirds (66.8%) of people leaving the Silicon Valley counties moved to other parts of California. More
June 23, 2020 - (Technuter) - COVID-19 Made Internet Access, Broadband and Hotspots an Educational Necessity: “Before COVID-19 led to social distancing and shelter-in-place orders, students who needed access to broadband could use school computer labs, public libraries, on-campus Wi-Fi, public Wi-Fi, and other networks ,” explains David Witkowski.” More
June 22, 2020 - (Voice of America) - For Silicon Valley, a Worker Pipeline Cut Off: While tech companies have had layoffs during the pandemic, the labor market is still tight, said Russell Hancock, the chief executive and president of Joint Venture Silicon Valley, a nonprofit organization that studies the region. More
June 21, 2020 - (KCBS Radio) - Sky's The Limit For Zoom In New Remote Reality, Analysts Believe: "You know, I’m not worried about that," Joint Ventures Silicon Valley President/CEO Russell Hancock said. "I think what the pandemic has shown is that these services are now indispensable." More
June 19, 2020 - (Bloomberg) - These U.S. Cities Are Likely to Recover Faster From Lockdown: “We’re high-performing, and you throw a pandemic at us and we still perform,” said Russell Hancock, chief executive officer of Joint Venture Silicon Valley, a nonprofit that analyzes the region’s economy. More
June 19, 2020 - (Newsmax Finance) - Boston, Bay Area, Madison, Wisconsin Likely to Recover Faster From Lockdown: “What’s weak is companies of place: gardeners and barbers and house cleaners and restaurants -- their livelihood has been decimated,” said Russell Hancock, chief executive officer of Joint Venture Silicon Valley. More
June 19, 2020 - (Silicon Valley Business Journal) - Do you like the latest unemployment numbers? Add some salt to them: But the numbers should be taken with a large grain of salt, said Rachel Massaro, research director at the Institute for Regional Studies, a part of Joint Venture Silicon Valley. More
June 18, 2020 - (Silicon Valley Business Journal) - Supreme Court's DACA decision protects Silicon Valley's 'secret sauce' – immigration: “Let's never forget that Silicon Valley wasn't actually built by Californians, or even Americans,” said Russell Hancock, president and CEO of Joint Venture Silicon Valley. More
June 17, 2020 - (SFGATE) - Annual Deaths Rising In Homeless Population: The Santa Clara County deaths, which often occur unremembered and unmourned, take place in a county where the gap between rich and poor is at an historic high, according to Joint Venture Silicon Valley. More
June 17, 2020 - (Silicon Valley Business Journal) - Homebodies R Us. This county's residents are less likely to travel than any in the Bay Area in the age of Covid. - Alameda, San Mateo and San Francisco, in that order, have the greatest combined commute flows in and out of Santa Clara County, according to the Silicon Valley Institute for Regional Studies. More
June 12, 2020 - (Urgent Communications) - COVID-19 measures underscore broadband needs across many critical sectors, speakers say: David Witkowski, executive director of the wireless-communications initiative for Joint Venture Silicon Valley, said...25% of households do not have access to the Internet. More
June 11, 2020 - (Silicon Valley Business Journal) - 10 MILES. TWO STOPS. ONE GOAL: Right now, about 80,000 weekday commuters from Alameda County enter Santa Clara County, according to data compiled by Jon Haveman of the Silicon Valley Institute for Regional Studies. More
June 9, 2020 - (The Silicon Valley Voice) - Mayor’s Roundtable: Staying On Track When Pandemic And Protest Lands In Your Lap - Joint Venture Silicon Valley CEO Russell Hancock had a virtual roundtable with Cupertino Mayor Steven Scharf, Santa Clara Mayor Lisa Gillmor and Sunnyvale Mayor Larry Klein... More
June 9, 2020 - (IEEE Transmitter) - COVID-19 Made Internet Access, Broadband and Hotspots an Educational Necessity: This complements his work at Joint Venture Silicon Valley, where he leads programs that help ensure the region’s residents have adequate access to telecommunications...More
June 8, 2020 - (SFGATE) - Santa Clara Co.: Silicon Valley Economic Slowdown Brings Positive News For Environment, Safety: ...according to the research arm of Joint Venture Silicon Valley, a nonprofit that provides data analysis and leads projects and initiatives related to the Bay Area, from San Francisco to San Jose and Fremont. More
June 8, 2020 - (The Press) - Team San Jose mourns the loss of Karolyn Kirchgesler, President and CEO: She served as a board member of the Silicon Valley Organization, Joint Venture Silicon Valley, San Jose Sports Authority, and was Vice Chair of the San Jose Police Foundation. More
June 5, 2020 - (Indica News) - Harbir Kaur Bhatia to run for Santa Clara City Council: She is a Santa Clara Chamber of Commerce Board Member, Santa Clara cultural commissioner, deputy board member of Joint Venture Silicon Valley...More
June 4, 2020 - (San Jose Spotlight) - Silicon Valley economic slowdown brings positive news for environment, safety: Significant decreases in travel by car should prove advantageous for reducing greenhouse gas emissions in Silicon Valley, about half of which are caused by transportation, according to the research arm of Joint Venture Silicon Valley...More
June 4, 2020 - (New York Times) - 2,000 Free Meals a Night, Seasoned by Silicon Valley Chefs: Ditto and bravo, said Russell Hancock, president and chief executive of Joint Venture Silicon Valley, a think-tank whose research shows the vastness of the region’s income gap...More
June 3, 2020 - (KGO-TV) - What will traffic look like after COVID-19? Bay Area officials weigh in - New data from Joint Venture's Institute for Regional Studies says Silicon Valley traffic is down 94 percent. Crashes are down 63 percent. More
June 3, 2020 - (WNN) - Coronavirus economy: Bay Area vehicle trips plunge in April, jump in May - people have been driving much less during a spring dominated by the personal and economic impact of the coronavirus, according to a report released Tuesday by the Institute for Regional Studies and Joint Venture Silicon Valley. More
June 3, 2020 - (Mercury News) - Coronavirus economy: Bay Area vehicle trips plunge in April, jump in May - “We certainly don’t intend to minimize the tragedy of the pandemic,” said Rachel Massaro, director of research for the Institute for Regional Studies. More
June 3, 2020 - (NBC) - Free stimulus checks every month? Tech execs think so, but there might be a catch: “Our current environment opens up the policy horizon for a whole set of ideas that might have been niche,” said Margaret O’Mara... More
June 2, 2020 - (Mercury News) - Opinion: By working together, we can build a better Silicon Valley - Still, according to a recent Silicon Valley Indicators report put out by Joint Venture, 30% of Silicon Valley households are living in poverty and below self-sufficiency standards. More
May 31, 2020 - (Bisnow) - New CDC Guidelines Would Remake Office Space: “You will not see the drum beat and hue and cry and rush to get back to the office," Joint Venture Silicon Valley CEO Russell Hancock told the New York Times. More
May 31, 2020 - (NPR) - Tech Startups, Shut Out From Federal Stimulus Loans, Seek Aid From Congress: Rachel Massaro runs the research arm of the nonprofit Joint Venture Silicon Valley. More
May 29, 2020 - (Hartford Courant) -Temperature checks and desk shields: CDC suggests big changes to offices - Citing examples like Twitter, which has said it may never return to corporate office space, Hancock said that he has heard similar things from both Silicon Valley companies and those outside the region. More
May 28, 2020 - (New York Times) - C.D.C. Recommends Sweeping Changes to American Offices: “Companies, surprisingly, don’t want to go back to work,” said Russell Hancock, president and CEO of Joint Venture Silicon Valley, a nonprofit think tank that studies the region. More
May 27, 2020 - (Palo Alto Online) - Interactive: A by-the-numbers look at the COVID-19 pandemic's impact on daily life - ...at least 8,560 service employees at risk of losing their jobs in coming months, according to an April consumer spending report from the Joint Venture Silicon Valley’s Institute for Regional Studies. More
May 26, 2020 - (KQED) - Bay Area Housing: Will Remote Work and COVID-19 Affect SF Rent? Despite the recent outflow of high-salaried, telecommuting workers from the Bay Area, local housing economist Issi Romem is quick to deflate the idea that the San Francisco residential rental market is likely to soften More
May 22, 2020 - (LA Times) - California’s unemployment rate leaps to 15.5% as 2.3 million jobs vanish: “We’ve just never seen numbers like this before,” said Rachel Massaro, research director at the Silicon Valley Institute for Regional Studies. More
May 22, 2020 - (San Jose Spotlight) - Amid ‘unprecedented’ unemployment numbers, Silicon Valley feels blow slightly softer: ...hiring is down by more than25 percent in the region, according to data by Joint Venture Silicon Valley’s Institute for Regional Studies. More
May 22, 2020 (San Jose Spotlight) - Small businesses feel the brunt of shutdown in Silicon Valley and beyond: But data from Joint Venture Silicon Valley’s Institute for Regional Studies shows that the Bay Area’s restaurant sales dropped by 25 percent in late April compared to the same period in 2019. More
May 20, 2020 - (KPIX TV5) - North Carolina Mounts Campaign To Lure Tesla Away From Bay Area: Joint Venture Silicon Valley CEO Russell Hancock says from an operational standpoint, it would not be in Tesla’s interests to relocate. More
May 19, 2020 - (SFGATE) - Santa Clara Co.: Major Layoffs In Silicon Valley Hit Team San Jose, Goodwill And Car Dealers: A report released recently by Joint Venture Silicon Valley, a regional research organization, compiled nearly a year's worth of information from the EDD, showing a massive uptick in layoffs in the past two months across dozens of industries. More
May 19, 2020 - (New York Times) - Twitter Could End the Office as We Know It: Joint Venture Distinguished Fellow, Dr. Margaret O'Mara posits that, "For an industry that thrives on disruption, this might be its most disruptive move yet." More
May 18, 2020 - (Washington Post) - Big Tech was first to send workers home. Now it’s in no rush to bring them back: “They’ve had a ripple effect on how other industries and sectors understand what a white collar workplace should look like if you want to attract the best talent,” said Margaret O’Mara, a professor of history at University of Washington [and Distinguished Fellow at Joint Venture Silicon Valley. More
May 14, 2020 - (San Jose Spotlight) - Major layoffs in Silicon Valley hit Team San Jose, Goodwill and car dealers: A report released last week by Joint Venture Silicon Valley, a regional research organization, compiled nearly a year’s worth of information from the EDD, showing a massive uptick in layoffs in the past two months... More
May 14, 2020 - (KQED) - Should Venture Capital-Backed Startups Get Federal Stimulus Money? "There are going to be winners and losers. The startup environment has always been like that," said Rachel Massaro, vice president and director of research of the nonprofit Joint Venture Silicon Valley. More
May 14, 2020 - (KQED) - Bay Area Housing Post-Pandemic: What’s in Store? Issi Romem, economist and founder of MetroSight, and affiliated researcher at the Silicon Valley Institute for Regional Studies: A lot of people kind of presume prices are going to fall now... More
May 14, 2020 - (KQED) - Bay Area Housing Post-Pandemic: What’s in Store? Margaret O’Mara, history professor at the University of Washington and [Distinguished Fellow] at the Silicon Valley Institute for Regional Studies: The Bay Area is a resilient economy. More
May 13, 2020 - (Protocol) - Tesla’s reopening may be a spectacle, but it's also a warning for Silicon Valley: "I have heard companies saying, 'This is killing us,' but it's a dialogue," said Russell Hancock, president and CEO of think tank Joint Venture Silicon Valley...More
May 13, 2020 - (San Jose Spotlight) - Bay Area hiring dips 25 percent since coronavirus shutdowns: report - The Bay Area has seen a 25 percent decline in hiring activity since February...according to Joint Venture Silicon Valley and its data arm, the Silicon Valley Institute for Regional Studies. More
May 12, 2020 - (SFGATE) - Status Update On Bay Area COVID-19 Developments: Hiring in the Bay Area is down 25 percent since February when concerns over the coronavirus started ramping up in the region, according to Joint Venture Silicon Valley and data from LinkedIn. More
May 12, 2020 - (SFGATE) - Hiring In Bay Area Down 25 Percent: Hiring in the Bay Area is down 25 percent since February when concerns over the coronavirus started ramping up in the region, according to Joint Venture Silicon Valley and data from LinkedIn. More
May 12, 2020 - (JD SUPRA) - Project Approved Pursuant to SB 35 Streamlining Procedures Survives Court Challenge: an amicus curiae brief in support of Real Party in Interest Vallco Property Owner, LLC on behalf of [several organizations, including] Joint Venture Silicon Valley... More
May 12, 2020 - (Patch) - Hiring in the Bay Area is down 25 percent since February when concerns over the coronavirus started ramping up in the region, according to Joint Venture Silicon Valley and data from LinkedIn. More
May 12, 2020 - (KQED) - Hiring in the Bay Area Is Down 25% Since February, Data Show: Hiring in the Bay Area has decreased by 25.3% since February, when concerns over the coronavirus began ramping up in the region, according to LinkedIn hiring data analyzed by the Joint Venture Silicon Valley’s Institute for Regional Studies. More
May 10, 2020 - (Mercury News) - Elon Musk’s latest fight with Alameda County follows familiar path: Russell Hancock, president and CEO of Joint Venture Silicon Valley, did not flinch when learning of Musk’s threat to abandon the Bay Area. More
May 9, 2020 - (KPIX TV) - County Officials Say Tesla Exit From Fremont Would Severely Harm Bay Area Economy: Russell Hancock, president and CEO of Joint Venture on Tesla opening during COVID-19 pandemic lockdown. More
May 8, 2020 - (KPIX TV) - Coronavirus Update: Flouting County Lockdown, Tesla Brings Workers Back to Fremont Factory: This is Mr. Musk playing according to type,” said Russell Hancock, president and CEO of Joint Venture Silicon Valley. More
May 8, 2020 - (Silicon Valley Business Journal) - San Jose's answer for retail social distancing: Let's do business outdoors: ...more than 46,000 restaurant workers have lost their jobs here since the start of the pandemic, according to figures supplied by Joint Venture Silicon Valley. More
May 7, 2020 - (Mercury News) - 30 Bay Area cities shrank last year as California population growth slowed: Silicon Valley — defined as Santa Clara and San Mateo counties — had the largest out-migration of residents last year since 2008, according to an analysis from Joint Venture Silicon Valley. More
May 7, 2020 - (Marin Independent Journal) - 30 Bay Area cities shrank last year as California population growth slowed: Silicon Valley — defined as Santa Clara and San Mateo counties — had the largest out-migration of residents last year since 2008, according to an analysis from Joint Venture Silicon Valley. More
May 7, 2020 - (SFGATE) - Santa Clara Co.: Silicon Valley Real Estate At 'A Turning Point' As Construction Resumes: Ripple effects of staying at home appear in small, nuanced ways in a new report, released by Joint Venture Silicon Valley and commercial real estate brokerage JLL, which analyzes real estate data from the first quarter. More
May 7, 2020 - (KQED) - Silicon Valley On A Hiring Spree During Coronavirus Pandemic, But For How Long? "It certainly seems like an odd time to try purposely to hire new people. Why? Why not just wait?" asked Rachel Massaro, who directs research at the Silicon Valley Institute for Regional Studies at Joint Venture Silicon Valley. More
May 5, 2020 - (Silicon Valley Business Journal) - San Jose mayor's 'recovery roundtable' all named and ready to go: Russell Hancock, President and CEO, Joint Venture Silicon Valley, named to panel...goal is to figure out how to reopen business as quickly and safely as possible in the wake of the coronavirus pandemic. More
May 5, 2020 (Mercury News) - Here’s a list of leaders on Silicon Valley’s COVID-19 economic recovery team: ...Russell Hancock: President and CEO, Joint Venture Silicon Valley... More
May 5, 2020 - (City of San Jose News Release) - Mayor Sam Liccardo announced the addition of new members to the Silicon Valley Recovery Roundtable, including Joint Venture President and CEO, Russell Hancock. More
May 5, 2020 - (San Jose Spotlight) - Silicon Valley real estate at ‘a turning point’ as construction resumes: Ripple effects of staying at home appear in small, nuanced ways in a new report, released by Joint Venture Silicon Valley... More
May 1, 2020 - (Silicon Valley Business Journal) - Silicon Valley's Covid-19 job loss picture becomes clearer: ...at least 27,481 jobs have been lost, according to a study by Joint Venture Silicon Valley's Institute for Regional Studies released Friday. More
May 1, 2020 - (ABC 7) - Coronavirus: Research shows big changes in Bay Area spending habits during COVID-19 shelter-in-place - "I don't think we realized that people would be buying up all the flour, all the pasta, all the toilet paper," noted Rachel Massaro at the Silicon Valley Institute for Regional Studies. "Those are things we hadn't thought of to put in our earthquake supplies." More
May 1, 2020 - (San Jose Spotlight) - Survival and ruin: Economic experts discuss Silicon Valley’s outlook: If Rip Van Winkle fell asleep after the State of the Valley conference February 14, Joint Venture Silicon Valley CEO Russell Hancock thinks he would be shocked at how the economic outlook flipped 180 degrees in just two months. More
April 30, 2020 - (New York Business Journal) - Silicon Valley and San Francisco public companies both took a coronavirus hit, but one escaped in better shape: Publicly traded companies in Silicon Valley took a 29 percent hit between late February and late March...according to new data from Joint Venture Silicon Valley. More
April 30, 2020 - (Silicon Valley Business Journal) - Silicon Valley and San Francisco public companies both took a coronavirus hit, but one escaped in better shape: Publicly traded companies in Silicon Valley took a 29 percent hit between late February and late March...according to new data from Joint Venture Silicon Valley. More
April 30, 2020 - (KQED Forum) - Rachel Massaro, Vice President at Joint Venture and Director of the Silicon Valley Institute for Regional Studies on Forum: How the pandemic is affecting Silicon Valley. More
April 30, 2020 - (New York Times) - The Coronavirus Could Rewrite the Rules for Silicon Valley: Dr. Margaret O'Mara, Joint Venture Distinguished Fellow, posits that, "...While tech’s largest grow larger, it has been a brutal quarter for start-ups and smaller companies, which have laid off or furloughed thousands of people." More
April 28, 2020 - (Silicon Valley Business Journal) - Covid-19 takes bigger bite from retail locally than nationally: a new report from Joint Venture Silicon Valley’s Institute for Regional Studies, our consumer behavior has been different from the rest of the United States, or even California. More
April 24, 2020 - (New York Business Journal) - Silicon Valley on pace to complete less than half of 2019's new commercial space total this year: ...putting the region on pace to complete less than half of the 8.45 million square feet of new commercial space delivered last year, according to a Thursday report by Joint Venture Silicon Valley's Institute for Regional Studies. More
April 24, 2020 - (Silicon Valley Business Journal) - Report: Silicon Valley on pace to complete less than half of 2019's new commercial space total this year - About one million square feet of Silicon Valley commercial space was completed in the first quarter of 2020 ... according to a Thursday report by Joint Venture Silicon Valley's Institute for Regional Studies. More
April 22, 2020 - (KPIX 5) - Coronavirus Update: Virus’ Impact On Daily Lives Will Linger Well Into The Future: “I think a lot of businesses are discovering that there are a host of meetings they used to hold in-person, that can actually become an e-mail instead, or can become a very efficient zoom call,” Russell Hancock, President and CEO of Joint Venture Silicon Valley. More
April 21, 2020 - (Mercury News) - SAP putting virtual twist on Take Your Child to Work Day: Morgan, a former Santa Clara County supervisor and state senator, served as CEO of Joint Venture Silicon Valley More
April 21, 2020 - (Yahoo News) - Tech Volunteers Assist Small Businesses Amid COVID-19 Crisis: Our response and recovery to this novel crisis requires that we get all Silicon Valley residents and small businesses online, and we see grassroots efforts like CARES as a great way to address that need. - David Witkowski, Civic Technologies, Joint Venture Silicon Valley. More
April 21, 2020 - (Silicon Valley Business Journal) - Pressure's on: More members join San Jose council to figure out how business can get back to work - Russell Hancock, CEO of Joint Venture Silicon Valley, a nonprofit that exists to foster cooperation between government and business leaders and who is expected to be named today to a 25-member county task force... More
April 20, 2020 - (San Jose Spotlight) - Santa Clara County’s unemployment rate rose to 3.3 percent in March: “It’s likely just the tip of the iceberg,” said Rachel Massaro, director of research at Joint Venture’s Silicon Valley Institute for Regional Studies. More
April 17, 2020 - (San Francisco Chronicle) - Economists: California job loss reflects early move to lower coronavirus infections - Unemployment in the South Bay jumped 3.1 percentage points from February to March, according to Joint Venture Silicon Valley. More
April 17, 2020 - (Silicon Valley Business Journal) - Silicon Valley unemployment spikes in March but remains well below 10-year high: According to an analysis by Joint Venture’s Silicon Valley Institute for Regional Studies, San Mateo County...had a 2.8 percent rate on its own More
April 17, 2020 - (Protocol) - Could a remote-work revolution spread tech outside its clusters? The Valley has proven to be resilient before, bouncing back from the dot-com bust and the recession that followed, and from the Great Recession several years later, said Rachel Massaro, vice president and director of research at Joint Venture Silicon Valley More
April 16, 2020 - (Swiss daily NZZ) - Silicon Valley remembers the dotcom bubble: startup founders fear for investor funds, Airbnb has already lost millions: "Silicon Valley continues its upward trend with employment growth, purchases of huge properties and record-high amounts of venture capital that flow into mega deals," was the 2020 forecast for the Silicon Valley think-tank joint venture. More
April 12, 2020 - (ABC-7) - Coronavirus: Silicon Valley group aims to give computer, internet access for students learning from home - "They're falling through the cracks. That's exactly what's happening," said David Witkowski, executive director of civic technology initiatives at Joint Venture Silicon Valley. More
April 8, 2020 - (Mercury News) - Bay Area coronavirus job losses will top 800,000: report - The greatest economic pain could hit people in middle-income and low-income jobs in the high-priced Bay Area, warned Russell Hancock, president of Joint Venture Silicon Valley. More
April 7, 2020 - (SF GATE) - Hiring Dips In March, Before Shelter-In-Place Orders: "The decline in hiring makes a lot of sense given the shelter-in-place since mid-March," Rachel Massaro, director of research for Joint Venture Silicon Valley, said in a statement. More
April 6, 2020 - (San Francisco Chronicle) - Good news for Bay Area: Tech hiring despite the coronavirus - “Left to its own devices, the situation could lead to an even wider gulf and an exaggeration of the problems the Bay Area is already facing,” said Margaret O’Mara...a fellow at the Institute for Regional Studies at Joint Venture Silicon Valley. More
April 6, 2020 - (Mercury News) - Coronavirus: Hiring activity crumbles in Bay Area - “It’s useful to understand the magnitude of hiring declines in the Bay Area and compare them to other regions,” said Rachel Massaro, director of the Institute for Regional Studies for Joint Venture Silicon Valley. More
March 31, 2020 - (The Planning Report) - Joint Venture Silicon Valley on the COVID Crisis & Beyond: Issi Romem shares insights and predictions from the Silicon Valley Institute for Regional Studies at Joint Venture Silicon Valley on the likely impact this public health crisis. More
March 30, 2020 - (ABC-7 News) - Coronavirus Impact: Silicon Valley food programs see sudden rise in demand, costs - They're getting help from the new [Joint Venture-convened] Silicon Valley Food Recovery Council, which is acting as a clearing house to buy and share food purchased in bulk to save money. More
March 30, 2020 - (San Jose Spotlight) - Witkowski Op-Ed: Aggressive telecommunications deregulation key to crisis response - In times of great crisis, it becomes necessary to set aside bureaucratic burdens and do what is necessary to solve problems. More
March 27, 2020 - (Mercury News) - Opinion: President should make wider use of war powers, now. David Entwistle, CEO of Stanford Health Care and Russell Hancock, CEO of Joint Venture Silicon Valley, pen op-ed. More
March 27, 2020 - (Silicon Valley Business Journal) - Where can Silicon Valley's small businesses go for help in surviving COVID-19? Start here: Joint Venture Silicon Valley, a San Jose-based regional economic think-tank, has pivoted to help the local community respond to the coronavirus crisis. More
March 26, 2020 - (Silicon Valley Business Journal) - Survival Mode for Small Biz: “It's anecdotal, it's not scientific, but we're already seeing it,” said Russell Hancock, CEO of the nonprofit think-tank Joint Venture Silicon Valley. More
March 26, 2020 - (Bisnow) - Despite Market Whipsaw, Big Tech Is Buoying Bay Area Office Market -- For Now: Tech is about 25% of Silicon Valley’s economy, according to Joint Venture Silicon Valley President and CEO Russell Hancock... More
March 25, 2020 - (Los Angeles Times) - How Silicon Valley became California’s epicenter of the coronavirus: According to the 2020 Silicon Valley Index, published in February, the various tech hubs in Santa Clara, San Mateo, Alameda and Santa Cruz counties accounted for 12% of the state’s GDP, supporting 1.7 million jobs. More
March 19, 2020 - (Politico) - Coronavirus Will Change the World Permanently. Here’s How. [Joint Venture Distinguished Fellow] Margaret O'Mara says we'll see "...deadly consequences of four decades of disinvestment in public infrastructure & dismissal of public expertise." More
March 19, 2020 - (Silicon Valley Business Journal) - Resource guide: Here’s where Silicon Valley small businesses and employees can get and give aid during COVID-19 crisis. San Jose-based regional economic think-tank Joint Venture said that this week that it’s pivoting its mission to help the local community respond to the coronavirus crisis. More
March 18, 2020 - (San Jose Spotlight) -Bay Area transit measure delayed as business sector focuses on COVID-19: Joint Venture Silicon Valley, a local thinktank focused on the region’s economy, said it become a matchmaker for businesses trying to respond to the fast-spreading virus and residents impacted by the shut-downs in the region. More
March 11, 2020 - (KGO TV) - Stock market turmoil leaving Silicon Valley vulnerable amid coronavirus outbreak: Silicon Valley saw over 105,000 jobs lost during the 2008 recession and it took five years to recover those losses...statistics compiled by the Institute for Regional Studies at Joint Venture Silicon Valley. More
March 9, 2020 - (KPIX 5) - Coronavirus Causing Economic Ripple Effect For South Bay Businesses: Corporations are going to weather this effect,” said Joint Venture Silicon Valley CEO Russell Hancock. More
March 9, 2020 - (ABC 7 News) - Stock market turmoil leaving Silicon Valley vulnerable amid coronavirus outbreak: Those are statistics compiled by the Institute for Regional Studies at Joint Venture Silicon Valley. More
March 9, 2020 - (Mercury News) - More than 80 percent of new Silicon Valley homes unaffordable for first-time buyers and renters: The result, as the latest Joint Venture Silicon Valley report made clear, is that more than 80 percent of residential permits issued in the region in the last four years were for homes that are unaffordable... More
March 6, 2020 - (Mercury News) - ‘Silicon Valley will feel this:’ Business impact of coronavirus won’t go away any time soon - Russell Hancock, president and CEO of Joint Venture Silicon Valley, said companies can weather the loss from canceled conferences, but the workers who make those events happen are less resilient. More
March 5, 2020 - (New York Times Opinion) - Life in Seattle, America’s Coronavirus Capital - Dr. Margaret O'Mara is a distinguished Fellow at Joint Venture's Institute for Regional Studies More
March 2, 2020 - (San Jose Spotlight) - Staedler: Boulevards or bust? All sensible housing ideas need to be implemented; More than 1,300 people packed the McEnery Convention Center earlier this month to hear from urban designers, economic historians, leading tech companies and news icon Dan Rather during Joint Venture’s 2020 State of the Valley conference. More
February 29, 2020 - (HotNews Romania) - Silicon Valley: Triumph, misery, creativity and astronomical prices. What two Romanians say about life in the famous California region. The report is prepared by the Joint Venture Silicon Valley. More
February 28, 2020 - (Silicon Valley Business Journal) - Guest commentary: We are all responsible for Silicon Valley’s future - The local economy reached a new milestone as the unemployment rate dropped to a 19-year low of 2.1 percent in Silicon Valley, according to the 2020 Joint Venture Silicon Valley report. More
February 26, 2020 - (Folha de S. Paulo Brasil) - Atherton, the richest city in the USA, where the cheapest house is worth R$11 million: According to the "2020 Silicon Valley Index" report, the region's economy expanded rapidly after the Great Recession of 2008, adding more than 820,000 new jobs. More
February 25, 2020 - (KPIX CBS) - Apple Engineer Playing Smartphone Video Game During Fatal Mountain View Tesla Crash: "It's hard to say that Tesla's culpable in this case, the autopilot still has some flaws. It still has bugs that they're addressing," said Russell Hancock, President and CEO of Joint Venture Silicon Valley. More
February 20, 2020 - (Silicon Valley Business Journal) - The Inflection Election: Russell Hancock, CEO of the nonprofit think tank Joint Venture Silicon Valley, sees some of the “techlash” as an inevitable result of the dominance of the region’s tech giants. More
February 18, 2020 - (IEEE Spectrum) - What’s in Store for 5G This Year: “Later this year could see the deployment of 5G-enhanced mobile broadband networks for portable devices used in malls, convention centers, and sports arenas, says David Witkowski, executive director of the Wireless Communications Initiative at the nonprofit Joint Venture Silicon Valley. More
February 15, 2020 - (Inequality.org) - A Silicon Valley Life Lesson: Money that ‘Clumps’ Crushes - Housing costs in Silicon Valley, the Institute for Regional Studies report notes, “remain the highest in the nation.” More
February 15, 2020 - (Opinion-Russian publication) - Are you planning to move to Silicon Valley? ...[per] Joint Venture Silicon Valley, for the third year in a row more people leave the region than come. More
February 15, 2020 - (Mercury News) - State of the Valley is looking good — but not for everyone: The State of the Valley conference, Joint Venture’s annual “town hall” meeting on Friday had plenty of the usual superlatives about the positive aspects of life in Silicon Valley. More
February 15, 2020 - (San Jose Spotlight) - Silicon Valley leaders highlight growing inequality during annual State of the Valley: During the annual State of the Valley conference on Friday, top Silicon Valley leaders highlighted how the gap between rich and poor is widening in the region... more
February 14, 2020 - (Protocol) - Dan Rather in Silicon Valley: ‘These pipelines have wreaked havoc’ - Rather, the former CBS News anchor, told the audience during his keynote address at the State of the Valley conference in San Jose. More
February 14, 2020 - (Silicon Valley Business Journal) - From the editor: A 'tenuous' take on Silicon Valley's state of play -In a document as rich as the annual Silicon Valley Index, with its multiple charts and graphs detailing the local economy, there’s one page that I always look to as a barometer — Russell Hancock “about the index”...More
February 13, 2020 - (Hayvine) - Tech Becomes The Highest Economic Generator In Silicon Valley: The tech industry has generated almost half of the jobs in the Valley for two consecutive years, and Russell Hancock, President of Joint Venture Silicon Valley, said... More
February 13, 2020 - (Planetzen) -Tech Buses: Not Just for Techies, and Not Just for San Francisco:"That just tells you the story of the Bay Area," said Russell Hancock, president and CEO of regional think tank Joint Venture Silicon Valley. More
February 13, 2020 - (NBC Bay Area) - Income Gap Widens in Silicon Valley: Report: The latest figures from Joint Venture Silicon Valley show a widening gap between the haves and have-nots in the Bay Area. More
February 13, 2020 - (World Journal) - Silicon Valley annual index 13% Silicon Valley population holds 75% of wealth: Joint Venture Silicon Valley announced the 2020 Silicon Valley Annual Index on the 12th. More
February 12, 2020 - (San Jose Spotlight) - Business booms as inequality grows in Silicon Valley, report finds: The problem tends to be worse for those who have less money, said Rachel Massaro, vice president and director of research for the Silicon Valley Institute for Regional Studies. More
February 12, 2020 - (Palo Alto Online) - Income inequality reaches a 'historic high' in Silicon Valley, new report shows: The Silicon Valley Index, an annual overview of the region's economic and demographical trends, highlights some of the region's most notable trends of 2019. More
February 12, 2020 - (ABC7) - Some Silicon Valley residents under financial stress with growing tech economy: "We have very high earners, and they are thriving, and they're building out the tech sector. But the rest of us are in those stagnating quadrants of the economy," said Dr. Russell Hancock, Joint Venture Silicon Valley CEO. More
February 12, 2020 - (Mountain View Voice) - Income inequality reaches a 'historic high' in Silicon Valley, new report shows: The Silicon Valley Index, an annual overview of the region's economic and demographical trends, highlights some of the region's most notable trends of 2019. More
February 12, 2020 - (CNET) - Silicon Valley continues losing people as costs rise, report says:There have been 821,000 new jobs created in the Bay Area since the recession, but only 173,000 new housing units, said Russell Hancock, Joint Venture CEO and president Russell Hancock. More
February 12, 2020 - (Silicon Valley Business Journal) - Red flags emerge for booming Silicon Valley economy:The latest edition of the Silicon Valley Index, the annual overview of the region’s economic and social wellbeing, reveals both an economy that’s starting to slow down as well as a society that’s being stretched and stressed. More
February 12, 2020 - (Mercury News) - Tech becomes bigger economic engine for Silicon Valley, Bay Area: new report:Over the 12 months that ended in mid-2019, Silicon Valley added about 29,000 jobs, the 2020 Silicon Valley Index report determined. More
February 12, 2020 - (Protocol) - For the third consecutive year, Silicon Valley saw more people leave than come in. "The granularity of migration data in this year's Index is eye-opening – we're essentially turning over our population by nearly 5% every year, with the influx of foreign immigrants increasing our region's diversity and tech talent base," said Rachel Massaro, Joint Venture vice president and director of research. More
February 11, 2020 - (Mercury News) - Joint Venture Silicon Valley finds new downtown San Jose digs: “We looked for about six months,” said Russell Hancock, president of Joint Venture Silicon Valley. More
February 5, 2020 - (Slashdot) - New Silicon Valley Extreme: The 2:30 a.m. Tech Bus From Salida: In search of affordable housing, tech employees move all the way into the Central Valley. "That just tells you the story of the Bay Area," said Russell Hancock, president and CEO of regional think tank Joint Venture Silicon Valley. More
February 2, 2020 - (The Enterprise) - Speaker: Silicon Valley issues = opportunity for others, like Utah: Russell Hancock, president and CEO of Joint Venture Silicon Valley, described the good and bad of the San Francisco Bay Area to a crowd in Park City. More
January 30, 2020 - (The Center Square) - Conservative Californians continuing to flee to Texas: Joint Venture Silicon Valley, which also studied the Bay Area’s outmigration patterns, found that workers are moving to Sacramento, Los Angeles, Seattle, Austin, and Portland for several reasons. More
January 25, 2020 - (Aspen Times) - Modern urban exodus has inevitable impacts on western Colorado: Russell Hancock with Joint Venture Silicon Valley explains the Bay Area exodus. More
January 23, 2020 - (PA TIMES) - Is 5G Really a Thing? A Local Government Perspective: Joint Venture Silicon Valley recently released Bridging the Gap: Wireless Telecommunications Handbook, which provides some suggestions for local officials on regulating 5G. More
January 15, 2020 - (KPIX-TV5) - Santa Cruz Startup Joby Aviation Secures Millions In Funding For Air Taxi Fleet: “I think in our lifetime we’re going to see this, now it’s hard to know when they’re going to solve every last technical problem and every last regulatory problem, but this technology is in the realm of possibility,” said Joint Venture Silicon Valley CEO Russ[ell] Hancock. “It’s not science fiction stuff anymore.” More
January 15, 2020 - (IEEE Future Networks) - Seven Experts Forecast What's Coming for 5G in 2020: The wild-card for 5G emergence is deployment. David Witkowski, Chair, IEEE Future Networks Initiative, and Executive Director, Civic Technology Initiatives at Joint Venture posits. More
January 9, 2020 - (Salon) - Tech industry layoffs rose 351 percent in 2019. Is a recession looming? “The tech sector is maybe the most volatile sector . . . . remember, product life cycles come and go,” Joint Venture Silicon Valley President Russ Hancock told San Francisco CBS affiliate KPIX5. More
