Current News Coverage
September 4, 2019 - (Connect California) - Bay Area Exodus Fueled by Region’s Affordability Crisis: Joint Venture Silicon Valley’s latest Silicon Valley Index pointed out that 30% of tech talent aged 25-44 who moved to Santa Clara County in 2017 came from outside California, including countries like India and China. More
August 30, 2019 - (Mercury News) - Bay Area exodus: Thousands more fleeing region than arriving from other states. For Rachel Massaro, vice president and director of research with Joint Venture’s Silicon Valley Institute for Regional Studies, the data raises concerns about the Bay Area’s education system and untapped potential. More
August 27, 2019 - (Yahoo Finance) - Democrats Join Silicon Valley and Turn Their Backs on Hispanic Immigration, Says Immigration Lawyer: 74% of Silicon Valley employed computer and mathematical workers ages 25-44 are foreign born [citing 2016 Silicon Valley Index]. More
August 21, 2019 - (Palo Alto Online) - Palo Alto looks to business tax to fund shuttles, rail improvements: She pointed to a recent report from Joint Venture Silicon Valley showing that startups are increasingly moving to San Francisco rather than to cities in Santa Clara and San Mateo counties. More
August 18, 2019 - (This Week in Asia) - How Asian immigrants are transforming San Francisco Bay Area’s food culture: ...residents of Asian heritage account for 34 per cent of the population, up from 28 per cent in 2007, according to a report released this year by Joint Venture Silicon Valley. More
July 30, 2019 - (The Silicon Valley Voice) - Bank Of America Invests Over $550K In Local Nonprofits: nearly 40 percent of Silicon Valley students ages 5-17 receive free or reduced-price school meals, according to the 2019 Joint Venture Silicon Valley Index. More
July 24, 2019 - (KPIX -TV 5) - Justice Department Launches Antitrust Probe Of Big Tech Companies: Joint Venture CEO Russell Hancock says it remains to be seen if the anti-trust investigation could change the landscape of big tech in Silicon Valley. More
July 17, 2019 - (KPIX TV-5) - Elon Musk Developing AI-Connected Brain Implant To ‘Secure Humanity’s Future’: Joint Venture Silicon Valley CEO Russ Hancock believes if anyone can merge human beings with artificial intelligence, it would be Musk. More
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 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
June 9, 2019 - (Mercury News) - Employment in the tech-heavy sector grew by 38.8% in Santa Clara and San Mateo counties between 2007 and 2018, according to the Joint Venture Silicon Valley’s 2019 Silicon Valley Index. More
June 7, 2019 - (Telemundo TV 48) - Organization donates food to families in need: Since March, Facebook has donated 22 thousand meals through the Joint Venture A La Carte program More
June 7, 2019 - (Silicon Valley Business Journal) - What Duffy Jennings has written of Bay Area history can fill a whole book:Duffy Jennings retired earlier this year as vice president of communications at Joint Venture Silicon Valley. More
June 7, 2019 - (Mercury News) - Facebook now donating some uneaten food from its cafeterias: Partnership with Joint Venture’s A La Carte brings food directly to those in need More
June 1, 2019 - (KPIX News) - Silicon Valley tech giant Google may be at the center of an anti-trust investigation by the DOJ: Joint Venture CEO Russell Hancock interviewed. More
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
April 6, 2019 - (Pasadena Star News) - Overall, notes a new Joint Venture Silicon Valley report, homelessness and inequality has expanded in the region, while the quality of life is perceived by most to be deteriorating. More
April 6, 2019 - (Mercury News) - According to Kidsdata.org, the California Department of Education, and the Silicon Valley Institute for Regional Studies, the cost of care for children under age five rose gy 30 - 57%... More
April 1, 2019 - (San Francisco Business Times) - The Bay Area’s median household income hit an all-time high of $118,400 last year, according to an annual report from think-tank Joint Venture Silicon Valley... More
March 31, 2019 - (Mercury News) - Bay Area tech salaries outpaced by rent hikes in some cities: Despite the strong economy, about 22,300 residents left the region last year...according to a study by Joint Venture Silicon Valley. More
March 27, 2019 - (KPIX) - Big Name Tech Companies To Lay Off Over 1000 Employees: tech expert warned the layoffs were not a sign of an economic downturn. Instead, Joint Venture Silicon Valley President Russ Hancock said, the layoffs were typical of the tech industry. More
March 27, 2019 - (Curbed San Francisco) - Joint Venture Silicon Valley released its annual Silicon Valley Index and found that “for the third year in a row, people are moving out of Silicon Valley nearly as quickly as they are moving in.” More
March 25, 2019 - (Mercury News) - Support for transportation investment is consistent with at least a 40-year history in the region, said Russell Hancock, president and CEO of Joint Venture Silicon Valley... More
March 24, 2019 - (Mercury News) - Hancock, whose day job is president and CEO of Joint Venture Silicon Valley, says Montalvo has been “a wonderful home” for the St. Michael’s Trio. More
March 22, 2019 - (Mercury News) - Boom! Bay Area job surge is led by South Bay, San Francisco, East Bay: “Tech just keeps plugging away, it just keeps going and going,” said Russell Hancock, president of Joint Venture Silicon Valley... More
March 20, 2019 - (San Jose Spotlight) - Labor leaders eye Johnny Khamis’ seat, endangering mayor’s agenda: [Matt] Mahan, who serves as a board member of the Silicon Valley Leadership Group and Joint Venture Silicon Valley, is likely to garner support... More
March 17, 2019 - (Mercury News) -As Bay Area moves left, these conservative voters move out: About 64,300 residents exited the region, many for other states, between 2015 and 2018, according to a recent survey by Joint Venture Silicon Valley. More
March 14, 2019 - (Smart Cities Dive) - County of San Mateo, CA innovation center to run on UrbanLeap platform: The county notably launched a public wireless internet project in 2014 to try to close the region’s digital divide, and partnered with the Joint Venture Silicon Valley to form a smart region initiative. More
March 5, 2019 - (Cision) - Telewave Joins WiMAX Forum, Affirming Support for Advanced Telecom Compatibility: Telewave, Inc., a leading provider of premium quality RF and wireless systems equipment, announced today that is planning to join the WiMAX Forum and actively participate in the ecosystem. "The company offers valuable depth and breadth for end-to-end applications related to public safety, utility, and transportation,” said Dr. Mohammad Shakouri, Chairman of the Board of Directors at WiMAX Forum, and Director of Community Broadband at Joint Venture Silicon Valley. More
March 5, 2019 - (Watchdog) - More than half of Californians say they plan to leave as state leads U.S. in outmigration: 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
March 5, 2019 - (Silicon Valley Business Journal) - The $200K Club: Broadcom joins these Bay Area tech companies paying a typical employee top dollar: The Bay Area’s median household (not individual) income rose to an all-time high of $118,400 last year, Joint Venture Silicon Valley noted in its annual State of the Valley report. More
March 4, 2019 - (Silicon Valley Business Journal) These Silicon Valley professionals set to receive Latino Leadership awards: Latinos and Hispanics make up 25 percent of the Silicon Valley population, according to the latest report from Joint Venture Silicon Valley. More
February 28, 2019 - (Silicon Valley Business Journal) - This is how far behind the Bay Area is running on its housing production goals: San Jose is on track to produce enough housing for its middle class … by 2080. California’s housing shortage is most acute in the Bay Area, where a booming job market continues to outpace the region’s meager supply of new homes. A separate report recently released by Joint Venture Silicon Valley underscores that point. More
February 27, 2019 - (KRON4) - Bay Area residents ditching high cost of living and moving away: With the median-priced home in the 9-county region at $775,000 dollars and over $1 million in San Jose, Joint Venture Silicon Valley found that slightly more people are moving out than moving in. More
February 22, 2019 - (Palo Alto Online) - Off Deadline: 'Unicorns,' 'angel investors' report should be expected/required reading: The annual "Silicon Valley Index" was unveiled Feb. 15 at an annual "State of the Valley" conference. More
February 21, 2019 - (Think Fremont) - 2019 state of the valley conference: a cross-sector collaboration to tackle our region’s challenges & opportunities: The annual State of the Valley Conference is typically anything but boring. More
February 21, 2019 - (San Francisco Examiner) -Even while San Francisco’s economy is booming, people are restless to leave: Not everyone is choosing to stay in The City and Silicon Valley. More
February 21, 2019 - (Pakistan Defence) - China is the world's next Silicon Valley:It is also based on a growing feeling among tech entrepreneurs in the US that Silicon Valley may have heated up a little too much. More
February 20, 2019 - (Salon) -In the past year, Silicon Valley became even more dystopian, unequal: According to the 2019 Silicon Valley Index. More
February 20, 2019 - (San Jose Inside) -Anna Eshoo Flip-Flops on Big Telecom Mergers; Extols Virtues of Sprint, T-Mobile Tie-Up More
February 19, 2019 - (Curbed San Francisco) -Silicon Valley has the highest housing costs in the U.S.: It’s the best of time and the worst of times in Silicon Valley, at least according to Joint Venture Silicon Valley. More
February 19, 2019 - (Valor Economico Brazil) - Too expensive, Silicon Valley loses talent: Speaking in Silicon Valley, California, is to think of a wonderful world of innovation. More
February 17, 2019 - (Daily Post) - Asians now outnumber whites in Valley, says a report on social and economic trends. More
February 17, 2019 - (Mountain View Voice) -Report: Inequality on the rise in Silicon Valley. More
February 15, 2019 - (Silicon Valley Business Journal) -Silicon Valley's picture is one of prosperity and contradictions: Who are we, anyway? That's an overarching question that hits you as you read through the 2019 Silicon Valley Index, the indispensable annual economic and societal survey of the region. The Index, the biggest annual project to come out of Joint Venture Silicon Valley, sheds crucial insights into the area's demographic makeup. More
February 15, 2019 - (Palo Alto Online) -Report: Inequality on the rise in Silicon Valley; Index of region highlights spiking housing costs, income gap: The 2019 Silicon Valley Index, which was released this week by Joint Venture Silicon Valley, paints a troubling picture of a region where home prices continue to skyrocket, where tech giants are voraciously gobbling up startups and where more people are leaving than coming in. More
February 15, 2019 - (Newsweek) - Opinion: China is the world's next Silicon Valley: Certainly, Russell Hancock, head of think tank Joint Venture Silicon Valley, recently told The Telegraph that “winter is coming”. The cost of living has shot through the roof in San Jose and there is a widespread fear US tech companies are soon to feel the sting of global regulation. More
February 15, 2019 - (Silicon Valley Business Journal) -The typical Facebook employee earns double Silicon Valley's median household income. How 50+ big tech employers compare: The median worker at Facebook earns more than $240,000 per year. That's more than three times what the typical worker at PayPal makes and still more than $40,000 per year what the median employee at Google parent Alphabet makes. More
February 15, 2019 - (Mercury News) -Silicon Valley economy offers mix of great, bad, and ugly: report: Silicon Valley’s economic boom has created a huge number of jobs and propelled regional wages to double the national level — but has also set in motion a housing crisis, brutal commutes and income disparity — according to an economic report formally presented at a conference on Friday. More
February 14, 2019 - (San Jose Inside) -Startups, Residents Flee Valley as Massive Companies Dominate: In addition to its perennial reminders of mounting housing costs and traffic woes, Joint Venture Silicon Valley’s latest health check on the local economy offers a fascinating look at where the region is heading. More
February 14, 2019 - (Barron's) - Silicon Valley Has Nowhere to Grow: After a boom period of hiring the past seven years, Silicon Valley’s white-hot jobs market is cooling as the region nears full employment, housing costs reach dizzying heights, and major companies farm out jobs to less-costly places. Those are some of the high-level takeaways from 2019 Silicon Valley Index, an annual dissection of the economic state of the valley. More
February 14, 2019 - (Mercury News) -Quest to leave Bay Area’s high prices and traffic grows: An annual study released Wednesday by Joint Venture Silicon Valley confirms the steady migration away from the region. Silicon Valley gained roughly 20,500 foreign immigrants last year, while 22,300 residents moved to other regions and states. More
February 14, 2019 - (Bend Bulletin) - Silicon Valley job market slows: In 2018, Silicon Valley added 35,600 jobs, compared with a gain of 47,300 jobs in 2017, a report from Joint Venture Silicon Valley determined. More
February 13, 2019 - (ChinaQW.com) - Survey: Silicon Valley female employees are mostly economically independent due to immigration skills: Female immigrant employees from India or China are the majority in some areas of Silicon Valley, and are often the only women in the male-dominated team of technology companies who have a higher rate of marriage and birth than female colleagues born in the United States. More
February 13, 2019 - (San Jose Spotlight) -Growing inequality: A look at the 2019 Silicon Valley Index: As big tech’s grip on Silicon Valley strengthens, the gap between the rich and the poor widens. More
February 13, 2019 -(Silicon Valley Business Journal)- “Silicon Valley — we think about it as the capital of innovation,” said Russell Hancock, president and CEO of regional think-tank Joint Venture Silicon Valley, which on Wednesday released its annual report. "Innovation is starting to change, it's starting to take on a new character.” More
February 13, 2019 - (Bay Area News Group) - The steady job growth is remarkable, according to Russell Hancock, president of Joint Venture Silicon Valley. “Silicon Valley is like one of those black bumblebees with the really big body and really tiny wings,” Hancock said. “Engineers say it just can’t fly, yet somehow it does continue to fly. It defies logic and it defies reason.” More
February 13, 2019 - (CNET News) -Silicon Valley Index shows the misery and triumph of the world's tech capital:"We're a massively dysfunctional region," said Russell Hancock, president and CEO of Joint Venture Silicon Valley. More
February 13, 2019 - (Stanford News) -Robin Martin, executive director of Silicon Valley Food Rescue, said A La Carte provides a dignified, respectful experience for people who are receiving free food because it looks like any other food truck one might see in their neighborhood. More
February 7, 2019 - (Silicon Valley Business Journal) - Is Nicole Taylor the captain who can chart a new course for the massive Silicon Valley Community Foundation? “I’m not hearing much about her — yet,” said Joint Venture Silicon Valley CEO Russell Hancock. More
February 5, 2019 - (CBS5) - Lawmakers Give Apple CEO Two Weeks to Answer Questions on FaceTime Bugs: "Russ Hancock, president of the Joint Venture Silicon Valley, said he believes Apple likely never knew about the bug, but he does think lawmakers have every right to question if our privacy has been compromised." Video.
February 5, 2019 - (Voice of America) - Tech Women in Silicon Valley Likely to be Foreign Born: "More than 60 percent of tech workers in Santa Clara and San Mateo counties, home to Google, Facebook, LinkedIn and other U.S. tech firms, are immigrants, according to the Silicon Valley Institute of Regional Studies. More
January 31, 2019 - (Silicon Valley Business Journal) - February's Big Ticket Events in Silicon Valley: "Joint Venture Silicon Valley is convening its annual regionwide town meeting — the 2019 State of the Valley Conference." More.
January 28, 2019 - (Silicon Valley Business Journal) - Milpitas Creating Workforce Opportunities in Advanced Manufacturing: "Milpitas ranked in the Top 20 for generating patents in California in 2016, according to the Silicon Valley Institute for Regional Studies." More.
January 26, 2019 - (Daily Telegraph, UK) - Silicon Valley Exodus: Why Rising Costs and Politics are Driving Tech Talent Out: "'Winter is coming,' says Russell Hancock, chief of think tank Joint Venture Silicon Valley. 'The markets don’t lie.'” More.
January 17, 2019 - (The Almanac) - New Mayor's Goals: Better Communication, Public Safety and Livability: "(Daniel) Yost is an attorney and partner at Orrick in Menlo Park and a Joint Venture Silicon Valley board member." More.
January 17, 2019 - (Silicon Valley Business Journal) - Gov. Newsom Wants Big Tech in Silicon Valley to Pony Up $500M for Affordable Housing: "In Santa Clara County, just 34 percent of potential first-time homebuyers can afford a median-priced house, according to the Silicon Valley Institute for Regional Studies." More.
January 16, 2019 - (Silicon Valley Business Journal) - Silicon Valley Voices on 2018, 2019 and San Jose's Future: "Russell Hancock: We have new leadership on our board. Matt Mahan, CEO of Brigade, has joined San Jose Mayor Sam Liccardo as the co-chair, and these two leaders have tremendous vision." More.
January 11, 2019 - (Palo Alto Weekly) - Silicon Valley Food Rescue Delivers Excess Meals from University, Corporate Cafeterias to Those in Need: "Joint Venture Silicon Valley...launched this truck to collect leftovers from universities and companies to distribute to those in need." More.
January 9, 2019 - (Fox & Hounds) - Housing Woes Threaten California's Middle Class: "According to the Silicon Valley Institute for Regional Studies, outward migration from the Bay Area has accelerated, with more people leaving the region than any other spot in the country." More.
January 6, 2019 - (San Jose Mercury News) - Relocation: Hot Move for Bay Area Real Estate Agents: "...the number of residents leaving hit its highest point in more than a decade last year, according to a report by Joint Venture Silicon Valley." More.
January 5, 2018 - (Construction Times) - Bay Area Property Brokers Find Angle Amid Exodus: "...a report by Joint Venture Silicon Valley (says) residents between the ages of 18 and 24, and somewhere in the range of 45 and 64 were most likely to leave." More.
January 1, 2019 - (San Jose Mercury News) - Relocation: Hot Move for Bay Area Real Estate Agents: "...the number of residents leaving hit its highest point in more than a decade last year, according to a report by Joint Venture Silicon Valley." More.
