Current News Coverage
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 distringuished 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
