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  • Silicon Valley population to hit 3,000,000 on May 5

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    April 24, 2015 - Silicon Valley’s population will reach three million on May 5, Joint Venture’s Silicon Valley Institute for Regional Studies has estimated.

    Researchers at the Institute reached their conclusion using population data from the state and daily growth rates for the region, which is adding nearly 90 people per day. The Institute will issue a complete report on the population explosion on May 5.

    See the population countdown clock on the Silicon Valley Indicators website.

  • Community Choice Energy Program Roundtable

    Save the Date flyerApril 15, 2015 - Joint Venture is joining with the San Mateo County Economic Development Association, the Redwood City-San Mateo County Chamber of Commerce, the San Mateo Area Chamber of Commerce and the South San Francisco Chamber of Commerce to host a Community Choice Energy Program Roundtable in South San Francisco May 4 from 11:30 a.m. to 1 p.m.

    State and regional experts will explain how the program may impact commercial energy customers, and San Mateo County officials will discuss how the county is looking at accelerating the use of greener power to provide more local control over energy costs.

    The event is free with registration. Register now.

  • Poverty rate at 11.3 percent in affluent Bay Area

    Poverty brief coverApril 13, 2015 – More than one in ten Bay Area residents are living in poverty in spite of it being among the world’s wealthiest regions, according to a new brief released today by the Joint Venture Silicon Valley Institute for Regional Studies.

    The “Poverty in the Bay Area” study finds that 829,547 people living in the Bay Area, or 11.3 percent, were impoverished in 2013, just below the historical peak of 12 percent and still much higher than the average rate of around 9 percent.

    Read the news release. | Download the brief.

  • Joint Venture board elects Sam Liccardo co-chair

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    March 20, 2015 - The Joint Venture board of directors today elected San Jose mayor Sam Liccardo as its new co-chair and added three new members at its quarterly meeting in Santa Clara. The private sector co-chair is Steven Bochner, CEO of Wilson Sonsini Goodrich & Rosati.

    At the same meeting, the board elected three new members: Nuria Fernandez, general manager and CEO of the Santa Clara Valley Transportation Authority; Todd Harris, EVP, CFO and CAO of Tech CU (Technology Credit Union); and Davis White, public policy and government relations manager at Google.

    Read the news release.

  • Meet Richard Moran, Menlo College

    Richard sitting on front steps

    March 26, 2015 - Richard Moran was just a 20-year-old sophomore at Rutgers College when he decided what he wanted to be: a college president.

    “I went out and bought a book on it,” he says as he walks over to a nearby bookshelf and pulls out his now 40-year-old copy of “The Education of a College President – A Memoir,” by former MIT president James R. Killian, Jr. “See, I still have it. I think I paid ten cents for it. I loved everything about college. I kept going until I got a Ph.D. so I wouldn’t have to leave.”

    It only took him 43 years to land his dream job last September, but there were vital stops along the way as a CEO, venture capitalist, board chair and consultant.

    Read Richard's profile.

  • 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

    The site is maintained and constantly updated by the Joint Venture 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 2015 Silicon Valley Index.

  • This Month on "Inside Silicon Valley"

    Inside Silicon Valley logoApril 1, 2015 - Sea level rise, Menlo College and the San Jose Earthquakes are among the topics this month on Joint Venture’s weekly public affairs radio program, “Inside Silicon Valley.”

    Joint Venture CEO Russell Hancock hosts the hour-long program, which airs every Friday at 7 p.m. and again Sunday at noon on 1590 KLIV.

    Scheduled guests this month:

    April 3 & 5: John Englander, Sea Level Adaptation Expert
    April 10 & 12: Richard Moran, President, Menlo College
    April 17 & 19: Rana Foroohar, Assistant Managing Editor, Time Magazine (encore presentation) 
    April 24 & 26: Dave Kaval, President, San Jose Earthquakes

    Learn more about the program. | Listen on iTunes.

Top Videos

2015 State of the Valley

2015 State of the Valley recap video by PRx Digital.

More than 1,200 people packed the 2015 State of the Valley conference on Feb. 4 at the Santa Clara Convention Center, where they heard keynote remarks from Stanford University President John Hennessy, Time assistant managing editor Rana Foroohar, author and political theorist Benjamin Barber, and Technology Partners general partner Ira Ehrenpreis, as well as a panel discussion with Sam de Brouwer, Veronica Juarez, Jitendra Kavathekar, Matt Mahan (moderator), Jeff Modisett, and Ben Nelson. The day began with an update on the region’s economy and also featured the Packard Award presentation to Chris DiGiorgio and Chuck Reed, an exhibitors hall, and entertainment by local youth groups.

Briefing on the 2015 Silicon Valley Index

The 2015 Silicon Valley Index revealed that Silicon Valley’s economy is thriving from San Jose to San Francisco, surging to levels that are overwhelming the Bay Area’s capacity to handle it. At the same time, the wave of prosperity continues to widen the middle-income gap and strain the region’s ability to accommodate its ever-rising housing costs, commuter rates, traffic and transit ridership.

The comprehensive yearly analysis of the economic strength and overall health of Silicon Valley showed the region with nearly 58,000 new jobs – the highest growth rate since 2000 – 42,000 new residents, average annual earnings of $116,000, venture capital investments higher than any other year since 2000, 17,000 new patent registrations and more than 16 million square feet of new commercial building space approved.

Here is Joint Venture President and CEO Russell Hancock’s report on the 2015 Index to the annual State of the Valley conference Feb. 4, 2015.

Learn more about the Silicon Valley Index online at

Top Downloads

Poverty Brief, March 2015

poverty brief cover This research brief examines aspects of poverty in the San Francisco Bay Area, its regional distribution and areas of intense concentration, as well as the demographics of the impoverished population.

Learn more about the Poverty Brief, view interactive charts, and download the underlying chart data on the indicators website.

Silicon Valley Index - 2015

2015 Silicon Valley Index yellow cover The 2015 Silicon Valley Index reveals Silicon Valley’s economy is thriving from San Jose to San Francisco, surging to levels that are overwhelming the Bay Area’s capacity to handle it.

Learn more about the Silicon Valley Index online at

Driving Clean Energy Adoption: Regional Approaches and Success Factors in the U.S. and China

Driving Clean Energy Adoption green cover As of the end of 2013, China and the United States were the two top countries in terms of total installed renewable power capacity, as well as investments in renewable energy. Driving Clean Energy Adoption examines five leading clean energy regions in the United States and China based on primary and secondary research, including numerous interviews of key stakeholders.

Included in the report are information and findings that are broadly applicable to other regions working to further clean energy adoption. The drivers, benefits and considerations for regional success in promoting clean energy adoption are outlined, case studies are presented, and resulting key challenges and success factors are extracted and provided. The findings suggest a handful of the most important factors for regional clean energy adoption relating to policy frameworks, utility involvement, collaboration, local leadership and innovation.

Sunnyvale Community Solar Array Development Feasibility Study

Sunnyvale Community Solar Array Development Feasibility Study cover This report studies the feasibility and assesses the options for municipalities like Sunnyvale who want to provide residential and commercial subscribers with renewable energy. It follows on the heels of legislation signed into law in September 2013 (Senate Bill 43) which offers new regulatory mechanisms for deploying shared renewables proj­ects in California communities. It also launched the Green Tariff Shared Renewables program (GTSR).

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In The News

April 24, 2015 - (Wall Street Journal) - Weekend Read: Will the Tech Boom Go Bust?: "After the think tank Joint Venture Silicon Valley released an optimistic report about the region’s economy, its president Russell Hancock told the reporter, 'I don’t see any kind of bubble. This is not 2000.'” More

April 23, 2015 - (Mountain View Voice) - City Sets Goals to Boost Housing Supply: "As for transportation projects, city leaders prioritized completing the last segment of a transit trail in the North Bayshore and working on regional traffic solutions through Joint Venture Silicon Valley." More

April 23, 2015 - (Washington Post) - Why the Pentagon is Wooing Silicon Valley (and the Valley is Playing Hard to Get): "“They just couldn’t be farther apart,” said Russell Hancock, president of Joint Venture Silicon Valley... More.

April 22, 2105 - (Boston Herald) - San Fran Housing Rent Up a Sizzling 14.8 Percent in 12 Months: "Tech workers living in the San Francisco Bay area earn an average of $184,309 annually, according to the Joint Venture Silicon Valley." More

April 21, 2015 - (Minneapolis Star Tribune) - Charities Put Smartphones in the Hands of the Homeless: "That is compared with $61,489 in the U.S. as a whole, according to Joint Venture Silicon Valley." More.

April 18, 2015 - (Palo Alto Weekly) - Guest Opinion: Huge Income 'Gender Gap' — A Conspiracy or Just Socioeconomics?: "The blockbuster headline news out of this year's 'State of the Valley' conference and detailed 'Index' report was that the so-called 'gender gap' in pay for men and women is bigger as they obtain advanced degrees. But why? More.

April 17, 2015 - (Silicon Valley Business Journal) - Silicon Valley Workers Join Fight for $15: "The median income for skilled tech workers tops $118,700, while low-skill workers' wages hover around $27,000, according to a recent report from Joint Venture Silicon Valley." More

April 14, 2015 - (New York Times) - Fighting Homelessness, One Smartphone at a Time: "That is compared with $61,489 in the United States as a whole, according to Joint Venture Silicon Valley, which publishes an annual report." More.

April 13, 2015 - (Silicon Valley Business Journal) - Showdown Looms for the Fate of Palo Alto's Last Affordable Haven: "The median income for skilled tech workers tops $118,700, while low-skill workers' wages hover around $27,000, according to a recent report from Joint Venture Silicon Valley. More

April 3, 2015 - (International Business Times) - New Facebook, Apple, Google Campuses Expected To Exacerbate Silicon Valley's Housing Crisis: "Last year, the median home price in Silicon Valley ... reached $757,585, according to Joint Venture Silicon Valley (JVSV). More.