What's Happening Now
Why does Joint Venture matter? See what Silicon Valley's leaders have to say.
"Joint Venture is like a startup because startups look for real problems that can be solved and then they relentlessly go about solving them.” That comment by one Silicon Valley business executive aptly summarizes Joint Venture’s collaborative mission as a convener of regional leaders from all sectors to tackle Silicon Valley’s biggest problems. In this video, experts from business, government, labor, academia and the community highlight Joint Venture’s contributions and value to our region.
Briefing on the 2014 Silicon Valley Index
Joint Venture CEO Russell Hancock and Silicon Valley Community Foundation CEO Emmett Carson opened the 2014 State of the Valley with a detailed briefing on the findings in the 2014 Silicon Valley Index, which shows that the regional economy is thriving and expected to get even better. The new prosperity, however, presents daunting challenges to accommodate the growth with sufficient housing, transportation and infrastructure, and is leaving middle and lower income sectors farther behind.
Learn more about the Silicon Valley Index online at www.siliconvalleyindex.org.
Silicon Valley Index - 2014
The 2014 Silicon Valley Index reveals that the region’s economy is red-hot and leads the nation with extraordinary growth in jobs, income, innovation, venture capital investment and immigration. The comprehensive yearly analysis of the economic strength and overall health of Silicon Valley also indicates that the new wave of prosperity poses greater challenges for the region to accommodate sustained growth and that the gains are bypassing the lowest earning groups, leaving the less affluent further behind than ever.
2013 Grand Boulevard Progress Report
The 2013 Grand Boulevard Initiative Progress Report showcases the success of the member organizations towards achieving the Grand Boulevard Vision. The document summarizes Grand Boulevard studies and highlights exceptional projects and plans in each Corridor jurisdiction. A foldout insert to the document contains an infographic that tells the story of the history, present, and future of the El Camino Real Corridor.
Smart Energy Enterprise Development Zone (SEEDZ)
Joint Venture's "Smart Energy Enterprise Development Zone" (SEEDZ) initiative unites local energy customers, solution providers, municipalities, institutions and utility interests in building the smart energy network of the future – characterized by the highest levels of power reliability, quality, affordability and sustainability.
In The News
March 6, 2014 - (Israel Hayom) - Netanyahu Signs Business Pact with California Governor: "'Israel is particularly strong in cyber-security, which makes sense given their strong military orientation, use of unmanned air vehicles, and their national security vulnerabilities,' (Russell Hancock) said. '...it's natural for there to be some convergence between us.'" More.
March 6, 2014 - (Associated Press) - Silicon Valley Boom Eludes Many, Drives Income Gap: "Silicon Valley's success has made it a less hospitable place for many, said Russell Hancock, president of Joint Venture Silicon Valley, an organization focused on the local economy and quality of life. More.
March 5, 2014 - (San Jose Mercury News/AP) - Israeli Prime Minister's Silicon Valley Visit to Include Pro-business Pact with Gov. Brown: "Joint Venture Silicon Valley President Russell Hancock said Tuesday that Silicon Valley has become a mandatory stop for state visitors. 'Israel and Silicon Valley really are kindred souls in many ways. Israel has a huge concentration of engineers, second only to Silicon Valley.'" More.
Feb. 26, 2014 - (Palo Alto Online) - Rule Changes Aim to Widen El Camino Sidewalks: With its sea of cars, narrow sidewalks, fortress-like office complexes and eclectic scattering of motels, restaurants and oil-change stations, El Camino Real rarely justifies the "grand boulevard" vision planners have long been pushing for the central corridor. More.
Feb. 18, 2014 - (Examiner.com) - The Changing Economy in Silicon valley: "Russell Hancock, President and CEO of JVSV talked about Silicon Valley’s performance as the leader of the nation in most measures." More.
Feb. 14, 2014 - (Financial Times) - Tale of Two Valleys: Silicon Valley Fight Over Inequality: "Russell Hancock, president of Joint Venture Silicon Valley, a regional think-tank, noted that while 33,000 people moved to the area last year, only 7,500 new housing units were built." More.
Feb. 11, 2014 - (VentureBeat.com) - When Will Silicon Valley Finally Grow Up and Pay Its Dues to the Community?: "'The only people who can enter this economy now are high earners,' Russell Hancock, founder and president of Joint Venture, which hosts the conference, told the crowd of Silicon Valley’s business elite. 'We used to be characterized by middle class professions. Now we’re the classic hourglass economy.'” More.
Feb. 10, 2014 - (Silicon Valley Business Journal) - Ed-tech Pioneer Khan on What's Next in Online Learning, Easing Silicon Valley Inequality: "Khan spoke in Santa Clara on Friday after receiving a civic entrepreneurship award from think tank Joint Venture Silicon Valley at the group's annual State of the Valley conference." More.
Feb. 9, 2014 - (San Jose Mercury News) - Sal Pizarro: Khan Academy's Salman Khan Receives David Packard Award: "Salman Khan, who probably has done more to revolutionize education than anyone since the days of Horace Mann, received the David Packard Award on Friday at the annual State of the Valley conference." More.
Feb. 7, 2014 - (Peninsula Press) - Venture Capital Landscape Undergoing Fundamental Shift: "Chris DiGiorgio, Executive Research Fellow (Emeritus) at Accenture said that, 'Venture Capital is at an inflection point in its 50 year history.'” More.
Feb. 7, 2014 - (Peninsula Press) - Silicon Gap: Widening Inequality in the Valley: Featured coverage of State of the Valley conference by Stanford University Graduate School of Journalism. More.
Feb. 7, 2014 - (SFGate.com Peninsula Blog) - Khan Academy founder, Salman Khan, Sees Online Education as the Solution to Education Crisis: “'Khan Academy is a tool, like any tool it’s there to empower the users of the tool,' Khan said at Friday’s Joint Venture Silicon Valley conference in Santa Clara, where he received the organization’s David Packard Award for Civic Entrepreneurship." More.
Feb. 6, 2014 - (Silicon Valley Business Journal) - PhD Problems: Silicon Valley's Gender Pay Gap Worst for the Most Educated: "The Census data documenting how Silicon Valley's gender pay gap gets worse with higher levels of educational attainment was included in the new 2014 Silicon Valley Index ... by area nonprofits Joint Venture Silicon Valley and the Silicon Valley Community Foundation. More.
Feb. 6, 2014 - (San Jose Mercury News) - Editorial: Silicon Valley Housing is a Key to Prosperity: "Emmett Carson, head of the Silicon Valley Community Foundation -- which partners with Joint Venture Silicon Valley Network to produce the index -- declares the 'rising tide' decisively refuted by the past four years of growth in jobs and wealth. More.