2015 News Archive

December 29, 2015 - (The Atlantic) - 8 Bay Area Traffic Reduction Policies: "(Steve Raney), The mobility guru at Joint Venture Silicon Valley recently outlined that many congestion-relief schemes for the Bay Area. More

December 19, 2015 - (Peninsula Press) - Menlo Park Emergency Response Times Slow Amid Traffic Gridlock: "According to the Silicon Valley Institute for Regional Studies, the Menlo Park District alone is projected to grow by nearly 20,000 residents over the next 25 years." More

December 17, 2015 - (Peninsula Press) - Amid Bay Area Housing Crunch, Support Grows for Transit-Oriented Development: "Beyond affecting specific projects, opposition from residents creates political obstacles, said Russell Hancock, an advocate for regional planning who runs the Joint Venture Silicon Valley think-tank." More

November 24, 2015 - (Microwave Product Digest) - David Witkowski op-ed: The Opportunities and Challenges of LTE Unlicensed in 5 GHz: "Globally, we consumed 8 Exabytes per month in 2014, by 2020 we’ll be consuming 71 Exabytes per month, and there isn’t enough licensed spectrum to support this growth." More

November 23, 2015 - (International Business Times) - Shuttle Bus Drivers...Approve Labor Contract: "The median income for a high-skilled worker in Silicon Valley is $119,000 a year, compared to $27,000 for low-skilled workers, according to a report from Joint Venture Silicon Valley, a regional think tank." More.

November 12, 2015 - (Huffington Post) - What's It Like to Work in Silicon Valley if You're Not in Tech?: "Here's Rachel Massaro, a senior researcher at Joint Venture Silicon Valley, a local nonprofit." More.

November 12, 2015 - (San Jose Mercury News) - Need an EV Battery Fill-up? At Many Charging Stations, Get in Line: "'Everyone is adding or feels they need to add,' said Don Bray, director of energy initiatives for Joint Venture Silicon Valley, a network of thought leaders that works on regional problems." More

November 2, 2015 - (Huffington Post Business) - Tech Companies Have a Labor Problem, but Democrats Still Love Them: "'The middle class is disappearing,' said Russell Hancock, president of the Joint Venture Silicon Valley, an organization of business, government, academics and labor that analyzes pressing issues in the region." More

October 26, 2015 - (CBS MoneyWatch) - Is Your Home Worth As Much as an Apple Employee's?: "Less well known is that over the last 25 years, income inequality in the region has increased at a faster pace than in the U.S. as a whole, according to a recent study by the Silicon Valley Institute for Regional Studies." More.

October 22, 2015 - (InMenlo) - Partnership Formed to Explore How Silicon Valley Can Survive Natural Disasters: "'The region will benefit greatly from this opportunity to leverage our respective strengths and resources to confront such earth and atmospheric threats to Silicon Valley as earthquakes, sea level rise, greenhouse gas emissions and drought,' said Russell Hancock, president and CEO of Joint Venture." More.

 October 19, 2015 - (La Voz Weekly) - The Bay Area Paradox: Poverty in the Valley: "(Haveman) presented his report on income inequality in the Bay Area for the Silicon Valley Institute for Regional Studies. More

October 15, 2015 - (Tech Crunch) - Silicon Valley 2.0 and the Need for a Silicon Valley Development Authority: "Yet “Silicon Valley” only exists as a metaphor – with loose associations like the Joint Venture Silicon Valley to look after it." More.

October 2, 2015 - (Palo Alto Online) - Report: Silicon Valley Incomes Continue Upsurge: "Silicon Valley's median household income rose to $98,500 from 2013 to 2014, the Joint Venture Silicon Valley's Institute for Regional Studies reported Friday in a press release." More.

September 15, 2015 - (CBS Bay Area) - Santa Clara Co. Supervisors Push Forward on Equal Pay Ordinance: "In Silicon Valley, men make 52 to 61 percent more than women even though both have either a bachelor’s, master’s or professional degree, according a study by Joint Venture Silicon Valley." More.

August 28, 2015 - (San Jose Mercury News) - Pentagon Investment Hopes to Spur Tech Innovation in Silicon Valley: "The institute and the investment behind it could not only spur the growth of a new industry and lead to new jobs, but it could have a 'ripple effect' on the valley's economy, said Russell Hancock, president and CEO of Joint Venture Silicon Valley." More.

August 25, 2015 - (Silicon Valley Business Journal) - Palo Alto City Council Bumps Minimum Wage to $11, Plans to Reach $15 by 2018: "The median income for skilled tech workers in Silicon Valley tops $118,700, while low-skill workers' wages hover around $27,000, according to a recent report from Joint Venture Silicon Valley. More.

August 19, 2015 - (Silicon Valley Business Journal) - Palo Alto Takes Important Step Toward Preserving Buena Vista Mobile Home Park: "Low-skill workers' wages hover around $27,000 annually, according to a recent report from Joint Venture Silicon Valley." More.

August 18, 2015 - (KTVU-TV) - Housing Crisis: "The Bay Area is in the midst of a tech-fueled economic boom." Video.

August 5, 2015 - (ABC7) - Netflix, Microsoft Giving New Parents One Year of Paid Leave: "'A lot of our tech companies are known for their very young workforce,' Joint Venture Silicon Valley's Rachel Massaro said." Video.

August 4, 2015 - (USA Today) - San Francisco Joins the Nation's Industry Towns: "The difference between high- and low-income Bay Area households in 2013 was $263,000, compared with a $178,000 difference nationwide, according to the Silicon Valley Institute for Regional Studies last week." More.

August 1, 2015 - (Wall Street Journal) - Tech Shuttle Drivers Unanimously Approve Teamsters Contract: "The median income for high-skilled workers in the region is $118,651, while the median wages for low-skilled workers is $28,847, according to a February report from the think tank Joint Venture Silicon Valley." More.

July 30, 2015 - (NPR) - Silicon Valley Tech Giants Start to Raise Workers' Wages: "These corporations are used to pressure from shareholders to keep the profit margins high. Now – for the first time – they’re facing a new pressure from a labor movement speaking up for low-wage workers." Listen.

July 30, 2015 - (Palo Alto Online) - Income Inequality in Bay Area Exceeds National Levels: "The difference between high- and low-income Bay Area households in 2013 was $263,000, compared with a $178,000 difference nationwide, according to information released Wednesday by the Silicon Valley Institute for Regional Studies." More

July 30, 2015 - (Cal State East Bay Pioneer) - Keep Charity for the Bay: :The Bay Area’s homeless population is at peak rates similar to the Great Recession, according to the Silicon Valley Institute for Regional Studies." More

July 30, 2015 - (Wall Street Journal) - What Keeps Stripe's President Up at Night? Trying to Hire Staff: "Indeed, with startups regularly attracting significant funding and valuations soaring, U.S. think-tank Joint Venture Silicon Valley said in February that the area’s job growth rate was 4.1% — the highest it’s been since 2000." More

July 26, 2015 - (Marin Independent Journal) - Marin Activists Seek Support in Campaign Against Child Poverty: "According to a report issued by the Silicon Valley Institute for Regional Studies, more than 8 percent of Marin’s population, some 21,263 people, lived below the federal poverty level in 2013 and more than 10 percent of these, some 1,900, were children under 6 years old." More.

July 25, 2015 - (New York Times) - Salesforce Makes Strides Toward Gender Equality in Silicon Valley: "In Silicon Valley the situation is even worse: Men earn up to 61 percent more than their female peers, according to Joint Venture Silicon Valley, a research group." More

July 21, 2015 - (Silicon Valley Business Journal) - Housing Crisis in Silicon Valley: "Low-skill workers are out of luck when it comes to renting a livable space: Their wages hover around $27,000, according to a recent report from Joint Venture Silicon Valley." More.

July 21, 2015 - (KQED) - Immigrants Help Lead a New Silicon Valley Labor Movement: "'They make this economy hum and their wages have been stagnant,' said Russell Hancock, president of Joint Venture Silicon Valley. “There’s been no growth in their wages over a period of decades.” More.

July 17, 2015 - (San Jose Mercury News) - Q&A: Rachel Massaro on Silicon Valley's Economic Challenges: "Massaro joined Joint Venture Silicon Valley in 2009 and now is the senior researcher for the Silicon Valley Institute for Regional Studies." More

July 16, 2015 - (KQED) - Silicon Valley Firms Beginning to Make Labor Concessions: "'They are being bludgeoned on these issues, and I don’t think anyone enjoys that,' said Russell Hancock, president of Joint Venture Silicon Valley, a consortium of business and civic leaders." More

July 14, 2015 - (KQED) - Growing Labor Movement Shakes Up Silicon Valley: "Russell Hancock, president of Joint Venture Silicon Valley, a research think tank that did the report, says the wage gap in this region is a stark situation for workers in the service sector." More.

July 10, 2015 - (Fox & Hounds) - CA Housing Becomes Political Football: “Between 2010 and 2014, the local economy created 189,000 new jobs and lured in 113,000 new county residents, Joint Venture Silicon Valley data indicates." More.

July 5, 2015 - (San Jose Mercury News) - Silicon Valley Housing: High-Powered New Advocacy Group Joins Fray: "Between 2010 and 2014, the local economy created 189,000 new jobs and lured in 113,000 new county residents, Joint Venture Silicon Valley data indicates." More.

July 2, 2015 - (NBC Bay Area) - New Overtime Pay Plan Affects Few in Silicon Valley. Sam Brock reports.Video.

July 1, 2015 - (Silicon Valley Business Journal) - Santa Clara County Homeless Population Shrinks Overall, but Grows in Mountain View: "The median income for skilled tech workers tops $118,700 in the area, but low-skill workers' wages hover around $27,000 annually, according to a recent report from Joint Venture Silicon Valley." More.

June 29, 2015 - (KQED) - Bay Area Income Gap Now More Than $250,000 Between Top and Bottom: "'The high-tech earners in Silicon Valley are really swaying the variance in overall Bay Area incomes,' said Rachel Massaro, vice president and senior research associate at Joint Venture Silicon Valley. More

June 23, 2015 - (Contra Costa Times) - Wages in Bay Area Outstrip National Average: "'"We are seeing bidding wars for highly skilled tech people," said Russell Hancock, president of Joint Venture Silicon Valley.'" More.

June 8, 2015 - (San Jose Mercury News) - Op-Ed: Buena Vista Housing: PTA Backs the Cause to Keep Children in Palo Alto Schools: "As Joint Venture Silicon Valley recognized in its "2015 Silicon Valley Index" report, 'the region's high housing costs...makes the need to preserve and pursue affordable housing even more pressing.'" More.

June 3, 2015 - (San Jose Mercury News) - Tech-driven Job Boom Brings California Record Employment: "But what may be good for workers makes it tougher for firms trying to hire and grow as the heated job market creates continued upward pressure on wages and the cost of living, particularly in the Bay Area, said Russell Hancock, president of Joint Venture Silicon Valley." More

May 27, 2015 - (Silicon Valley Business Journal) - Meet the Winners of 13 Knight Foundation Grants: "Joint Venture Silicon Valley Network/Valley Transportation Authority received $15,000 for “Hack My Ride 2.0,” a three-month online app design challenge open to anyone in the world and focused on transforming mobility in Silicon Valley." More.

May 21, 2015 - (Breitbart) - Twitter Donates $6 Million Tech Skills Center for S.F. Poor: "Despite the Bay Area having the best job growth in the nation, a recent report for Joint Venture Silicon Valley found that...there were 829,547 people living in poverty in the Bay Area in 2013.” More.

May 21, 2015 - (JCBS) - San Jose Among 10 U.S. Cities With More Than 1 Million People, Census Bureau Says: "'The government’s figures echo a recent estimate showing 3 million people now live in Silicon Valley...according to Joint Venture Silicon Valley. More.

May 15, 2015 - (Greentech Solar) - Local Governments Win Solar at 9 Cents per Kilowatt Hour with Collaborative Procurement: "Led by Alameda County, with help from Joint Venture Silicon Valley and Optony, a solar consultancy, R-REP put together a bid package for renewable power that provides lower prices than the individual parties could have obtained." More

May 14, 2015 - (San Jose Mercury News) - EPA Chief Leads Dedication of Hayward Solar Landfill Conversion: "Alameda County worked closely on the collaboration with Joint Venture Silicon Valley and Contra Costa Economic Project, two organizations that focus on regional collaboration." More.

May 14, 2015 - (San Francisco Chronicle) - Closed Hayward Dump Will Be Transformed into Solar Farm: "The effort, known as the Regional Renewable Energy Procurement, is being touted as one of the largest and most innovative solar projects in the country." More.

May 13, 2015 - (CFO Magazine) - Facebook Pushes Vendors to Hike Pay, Benefits: "According to Joint Venture Silicon Valley, a regional think tank, the median annual income for high-skilled workers in the region is about $119,000, while the median income for low-skilled workers is about $27,000." More.

May 13, 2015 - (Wall Street Journal) - Facebook Presses for More Pay for Janitors, Cooks: "Joint Venture Silicon Valley, a regional think tank, says the median annual income for high-skilled workers in the region is about $119,000, while the median income for low-skilled workers is about $27,000." More.

May 12, 2015 - (Al Jazeera America) - Unions Make Strides Among Silicon Valley Workforce: "Average wages are on the rise as well according to a recent study from Joint Venture Silicon Valley, but the income gap remains vast." More.

May 6, 2015 - (ABC News) - 3 Millionth Silicon Valley Resident Born: "A new person comes to Silicon Valley -- by plane, bus, train, car or, yes, by being born -- approximately every 16 minutes, according to Joint Venture." Video.

May 6, 2015 - (CNET) - Silicon Valley's Male-Dominated Culture Could Cost the Technology Industry the Thing it Values Most: Innovation: "Men in Silicon Valley earned up to 61 percent more than their female peers, according to data released by Joint Venture Silicon Valley in February." More.

May 5, 2015 - (ABC7) - Newborn is Silicon Valley's 3 Millionth Resident: "'A lot of Silicon Valley employers don't understand that the cost of living in Silicon Valley is changing and increasing more rapidly than the rest of the state or the nation...' said Rachel Massaro with the Silicon Valley Institute for Regional Studies." Video.

May 5, 2015 - (KCBS) - Silicon Valley Reaches Estimated 3 Million People: "According to the Joint Venture Silicon Valley Institute for Regional Studies, the milestone was reached sometime Tuesday morning." More.

May 2, 2015 - (San Jose Mercury News) - Pizarro: Population Milestone: "If you've been feeling a little crowded lately, maybe it's because Silicon Valley is approaching 3 million residents any moment now." More.

May 1, 2015 - (KLIV) - Silicon Valley Population Expected to Hit 3 Million People: "Joint venture Silicon Valley is projecting that Silicon Valley will hit 3 million people next week." More.

April 30, 2015 - (Reno Gazette Journal) - Tesla Motors Charging Into Home, Commercial Storage Battery Market: "The gigafactory will dedicate an estimated 15 gigawatt hours of its capacity toward stationary batteries compared to 35 gigawatt hours for car batteries, said Tesla chief technology officer JB Straubel during Joint Venture Silicon Valley's 2014 energy storage symposium last year. More.

April 29, 2015 - (New York Times) - Japanese PM Seeks Tech Innovation in Silicon Valley Visit: "'We've had a parade of ministers and secretaries lately, and they're all wanting to associate themselves with the dynamism that is in evidence here,' said Russell Hancock, president of Joint Venture Silicon Valley, an organization focused on the local economy and quality of life." More.

April 28, 2015 - (Silicon Beat) - Tech Boom Pressures Silicon Valley Housing and Transportation: "'We have phenomenal growth,' said Russell Hancock, president of San Jose-based Joint Venture Silicon Valley." More.

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.

April 2, 2015 - (Breitbart) - Silicon Valley Leads in Income, Lags in Poverty: "'The Bay Area has a fast-growing frontier economy that is the starting point for much of the technology created nationwide,' said Jon Haveman, a San Rafael-based economist who prepared the report for Joint Venture Silicon Valley." More.

April 2, 2015 - (Silicon Valley Business Journal) - Poverty Rate Still Near All-Time High in Bay Area: "About 11.3 percent of those living in the Bay Area are existing at or below the poverty line, according to a new report out on Wednesday from the Joint Venture Silicon Valley Institute for Regional Studies." More.

April 2, 2015 - (San Jose Mercury News) - Poverty Rates Near Record Levels in Bay Area Despite Hot Economy: "About 11.3 percent of Bay Area residents are living at or below the poverty level, according to the report, "Poverty in the Bay Area," that was released by the Joint Venture Silicon Valley Institute for Regional Studies. More.

April 1, 2015 - (PR Week) - New Generation of Disrupters Breathes Fresh Life into Silicon Valley: "Silicon Valley’s job growth rate was 4.1% last year, the highest since 2000 and about two percentage points higher than the national rate, according to think tank Joint Venture Silicon Valley." More.

March 31, 2015 - (CNET) - Scantily Clad Booth Babes at Tech Trade Shows Get Wardrobe Check: "Women in Silicon Valley are paid on average 39 percent less than their male counterparts, according to a February report by research organization Joint Venture Silicon Valley." More.

March 27, 2015 - (India West) - Unity Dinner: Immigration Must Be National Priority: "Immigration must be a top priority to ensure the continued growth of the U.S. economy, said Russell Hancock, president and CEO of Joint Venture Silicon Valley, on the sidelines of the 14th annual Unity Dinner, held Mar. 20 at the India Community Center.More.

March 23, 2015 - (People's World) - State of Silicon Valley 2015: A Tale of Two Americas: "Also released this year was the 2015 Index from Joint Venture Silicon Valley, distributed at the yearly State of Silicon Valley conference in February." More.

March 20, 2015 - (Silicon Valley Business Journal) - Sky-High Housing Prices Force Silicon Valley CEOs Across Industries to Adapt: "Last year, the region’s economy added 58,000 new workers, according to the 2015 Silicon Valley Index, published by Joint Venture Silicon Valley." More.

March 19, 2015 - (Silicon Valley Business Journal) - Good News: Job gains Surge in Santa Clara County; Bad News? Housing and Traffic: "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.

March 18, 2015 - (Silicon Valley Business Journal) - San Mateo County Rent Stabilization Held up After Board Decision: "The median income for low-skill workers in Silicon Valley hovers around $27,000, according to a recent report from Joint Venture Silicon Valley." More.

March 13, 2015 - (Deal Street Asia) - Snapshot of ASEAN M&A Trends: Early Indicator of Business Confidence: "Russell Hancock, president of Joint Venture Silicon Valley, commented: 'I don’t see any kind of bubble. This is not 2000.'" More.

March 12, 2015 - (Silicon Valley Business Journal) - Google Gives Bus Driver a Raise, but is it Enough?: "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.

March 11, 2015 - (FinFacts Ireland) - Silicon Valley Loses Its Silicon: "'The growth is uneven,' Russell Hancock, president and CEO of Joint Venture Silicon Valley, writes in the report." More.

March 9, 2015 - (Al Jazeera America) - A Rising Silicon Valley Doesn't Lift All Boats: “'It’s as if the economy has lost its spine,' says Russell Hancock, chief executive of Joint Venture Silicon Valley." More.

March 6, 2015 - (San Jose Mercury News) - Bay Area Housing Lags Booming Economy: "The Bay Area economy 'may be about as hot as it's ever been,' said Russell Hancock, executive director of Joint Venture Silicon Valley, who moderated a later session. ' And the amazing thing is, it may be about to get hotter.'" More.

March 4, 2015 - (PC Magazine) - Apple Security Guards Promoted to Full-Time Staff: "According to The Wall Street Journal, which cited a report by Joint Venture Silicon Valley, the median annual income for local high-skilled workers is about $119,000." More.

March 3, 2015 - (CIO) - "Thought Leadership" Means Never Having to Say You’re Discriminating: "A report by Joint Venture Silicon Valley, a regional organization of government and industry leaders, found that the Silicon Valley gender pay gap is one of the largest in the country." More.

Feb. 27, 2015 - (Palo Alto Online) - Off Deadline — Stanford's John Hennessy Takes a Peek at Stanford's, and the World's, Future: "But his keynote appearance at the 2015 State of the Valley conference in early February was a rare discourse from Hennessy, who has headed Stanford for the past 15 years, an impressive tenure for a university president." More.

Feb. 27, 2015 - (San Jose Mercury News) - Teamsters Win Vote to Unionize More Tech Shuttle Bus Drivers in Silicon Valley: "The income gap is particularly stark in the valley, where the median salary for highly skilled workers is nearly $92,000 higher than the median pay for low-skilled employees, according to a recent report from Joint Venture Silicon Valley." More.

Feb. 27, 2015 - (Lodi News-Sentinel) - California's Tech Company Bubble May Soon Burst: "...according to the nonprofit Joint Venture Silicon Valley index, which gauges the area’s living standards, the valley has the state’s widest income gap." More.

Feb. 22, 2015 - (KQED News) - Working Class Struggles in Silicon Valley: "'Thirty percent of our population is living below the self-sufficiency standard,' says Joint Venture Vice President Rachel Massaro. 'That means they can’t survive without public or informal private assistance.'” More

Feb. 21, 2015 - (Wall Street Journal) - Facebook Shuttle Drivers Vote to Ratify New Teamsters Contract: "A report this month from think tank Joint Venture Silicon Valley found that the median annual income for high-skilled workers in the region is about $119,000, while the median income for low-skilled workers is about $27,000." More.

Feb. 18, 2015 - (Capital and Main) - Silicon Valley's Brave New Economic Order: As Silicon Valley continues to generate extraordinary wealth – it posted the country’s fastest rate of job growth last year, according to a new report from the regional development group Joint Venture Silicon Valley – it is also establishing the blueprint of a new socio-economic order." More.

Feb. 18, 2015 - (Huffington Post) - How Silicon Valley Billionaires are Creating a New Economic Order: "'It’s as if the economy has lost its spine,' the chief executive of Joint Venture Silicon Valley, Russell Hancock, wrote recently, 'and this has important implications for the kind of community we become.'" More.

Feb. 16, 2015 - (Palo Alto Online) - Jay Thorwaldson Guest Column: Silicon Valley Hot and Getting Hotter, Yet with Huge Inequities: "But this time it's no bubble, Russell Hancock, president and CEO of the Joint Venture Silicon Valley, emphasized in introductory comments at a Feb. 4 'State of the Valley' conference in Santa Clara. More.

Feb. 12, 2015 - (Santa Cruz Sentinel) - Cupertino Bets Big on Apple Spaceship Campus: "By comparison, the median salary in the valley was $90,415 that year, according to Joint Venture Silicon Valley." More.

Feb. 9 2015 - (Yahoo! Finance) - Silicon Valley Tech Economy Booming: "The annual Silicon Valley Index, released by Joint Venture Silicon Valley, representing businesses, government and the broader community, also shows record venture capital investment in technology." More.

Feb. 8, 2015 - (San Jose Mercury News) - Michelle Quinn: Is Silicon Valley's Growing Gender Wage Gap a Boomtime Byproduct?: "But I was surprised to see, tucked in the data-rich report card produced by Joint Venture Silicon Valley on the region's economic health, the finding that in Silicon Valley, men with university degrees are earning much more than women." More.

Feb. 8, 2015 - (Tech Crunch) - Startups, a Rich Man's Game: "Joint Venture Silicon Valley, a non-profit regional forum, released its annual Silicon Valley Index, with dozens of tables and charts analyzing the region’s demographics and employment. More.

Feb. 7, 2015 - (San Jose Mercury News) - Scott Herold: Damn Lies and Statistics: "Where do you get decent numbers? Start with the Silicon Valley Index just put out by Joint Venture Silicon Valley. While its numbers come in the aggregate -- it defines Silicon Valley as San Mateo, Santa Clara and southern Alameda counties -- it offers fascinating snippets. More.

Feb. 6, 2015 - (Peninsula Press) - John Hennessy Calls for Universal Preschool, Education Reform: "In a fireside chat keynote at Joint Venture Silicon Valley’s State of the Valley conference Wednesday, Stanford President John Hennessy discussed issues surrounding education reform in Silicon Valley and the broader country." More.

Feb. 6, 2015 - California, Silicon Valley Turning ‘Sustainability’ from Buzzword to Reality: "In a keynote address Wednesday at Joint Venture Silicon Valley’s annual State of the Valley conference, Benjamin Barber...challenged Silicon Valley to make better use of technology to benefit the common good." More.

Feb. 6, 2015 - (San Francisco Chronicle) - Big Gender Pay Gap Persists in Silicon Valley Despite Booming Economy: "Women with a bachelor’s degree or higher continue to earn much less than men, and Silicon Valley’s pay gap is larger than the rest of the state or nationwide, according to a new report by Joint Venture Silicon Valley." More.

Feb. 6, 2015 - (Peninsula Press) - Income Disparity Prompts Need for Public-private Sector Collaboration: "The 2015 Index, published by Joint Venture Silicon Valley, a regional organization of government and industry leaders, indicated the top-tier income in Silicon Valley averages $119,000 per year and the bottom about $27,000 per year." More.

Feb. 6, 2015 - (EE Times) - Stanford Prez Grades U.S. Tech: "The following are excerpts from a fireside chat he gave at the annual State of the Valley event where Joint Venture Silicon Valley released its annual report on the high tech hot spot." More.

Feb. 6, 2015 - (Peninsula Press) - Are Regulatory Agencies Friends of Silicon Valley Startups?: "So said a panel of startup executives discussing the new realities facing Silicon Valley new ventures at Wednesday’s State of the Valley conference." More.

Feb. 5, 2014 - (San Jose Mercury News) - Silicon Valley Really is More Innovative, Study Finds: "'It seems intuitive but it is nice to have social science back us up,' said Russell Hancock, president and CEO of San Jose-based Joint Venture Silicon Valley, a policy organization focused on regional issues. More.

Feb. 5, 2015 - (New Zealand Herald) - Tech Boom Heats Up Valley but Wage Gap Widens: "'"It's not bubblicious, we have grown into this and we've done this incrementally,' said Hancock." More.

Feb. 4, 2015 - (San Francisco Chronicle) - Economy: "The annual Silicon Valley Index released by Joint Venture Silicon Valley, representing businesses, government and the broader community, also shows record venture capital investment in technology." More.

Feb. 4, 2015 - (Wired.com) - Silicon Valley's Biggest Worry Should Be Inequality, Not a Bubble: "Silicon Valley’s economy may be booming, but according to a new report, in recent years, the region has also “'ost its spine'—that spine being the middle class." More.

Feb. 4, 2105 - (EE Times) - Silicon Valley Expands Unevenly: "Silicon Valley’s economy continued to expand in 2014 and is not approaching a bubble but does face serious issues with uneven distribution of wealth, poverty and an over-burdened infrastructure, according to the annual Silicon Valley Index." More.

Feb. 4, 2015 - (MarketWatch) - Silicon Valley Young Adults are Bunking with Mom and Dad: "In the 18- to 34 year-old segment, 32.4% lived with one or both parents from 2009 to 2013, according to a yearly report conducted by think tank Joint Venture Silicon Valley." More.

Feb. 4, 2015 - (Techwire.net) - Report: Silicon Valley Powers to Record Job Boom: "'The hot economy is getting hotter,' said Russell Hancock, president of Joint Venture Silicon Valley. 'It is really extraordinary. We are blowing through every economic record.'” More.

Feb. 4, 2015 - (San Jose Mercury News) - Shuttle Bus Drivers for Apple, Yahoo and Other Tech Giants to Vote on Unionization. "Highly skilled workers in Silicon Valley have a median income of $118,700, dwarfing the $27,000 earned by workers in low-skill jobs, according to a new report from Joint Venture Silicon Valley." More.

Feb. 3, 2015 - (New York Times) - Report: Silicon Valley Tech Economy Booming: "The report shows that with the income and population growth, low-wage earners are being priced out of housing, roadways are increasingly congested, and public rail service is overwhelmed throughout the greater Bay Area. More.

Feb. 3, 2015 - (Los Angeles Times) - Tech Economy is Booming with No Bubble Burst in Sight, Report Says: "Silicon Valley’s economy is booming, according to the Silicon Valley Index, an annual analysis of the region’s job creation, growth rate, earnings and capital investments. And, in comforting news for investors, it shows no signs of slowing down." More.

Feb. 3, 2015 - (ABC7) - Silicon Valley Job Growth Exposes Increasing Gender Wage Gap: "Rachel Massaro with Silicon Valley Institute for Regional Studies says, 'If more women get into those kinds of traditionally male dominated careers, I think it will change the income gap here in Silicon Valley.'" More.

Feb. 3, 2015 - (Silicon Valley Business Journal) - Silicon Valley's Economy: Perhaps Not a Bubble, but Certainly A Boom: "It's a story told over and over again in Silicon Valley: We're growing at rates we haven't seen since the bubble in 2000, according to the 2015 Silicon Valley Index, the annual economic study released Tuesday by Joint Venture Silicon Valley." More.

Feb. 3, 2015 - (Examiner.com) - If You Think Silicon Valley's Highways are Crowded Not, Just Wait: "'We’re just growing like gangbusters,' said Russell Hancock, president and CEO of Joint Venture Silicon Valley. 'Clearly, we continue to be driven by innovation.'" More.

Feb. 3, 2015 - (Santa Cruz Sentinel) - Silicon Valley Economy Up Despite Income, Gender Gap: "The Silicon Valley economy is red hot and the growth is intensifying, according to the latest Joint Venture Silicon Valley Index released Tuesday, but the surge has been accompanied by a yawning income and gender gap." More.

Feb. 3, 2015 - (ABC News) - Report: Silicon Valley Tech Economy Booming: "The annual Silicon Valley Index released by Joint Venture Silicon Valley, representing businesses, government and the broader community, also shows record venture capital investment in technology." More.

Feb. 3, 2015 - (U.S. News & World Report) - Study Suggests Silicon Valley Jobs, Earnings, Inequality on the Rise: "'We’re poised now to blow through all the employment, venture capital and patent records that were set during the crazy dot-com period, only this time we haven’t spiked into it,' Russell Hancock, president and CEO of the Joint Venture Silicon Valley group, said in the report." More.

Feb. 3, 2015 - (Palo Alto Online) - Report Highlights Silicon Valley's Uneven Prosperity: "Fueled by a sizzling tech sector, strong population growth and low unemployment, the Silicon Valley economy has grown rapidly since the doldrum days of the 2008 recession..., according to an annual report released Tuesday by the Joint Venture Silicon Valley. More.

Feb. 3, 2015 - (Wall Street Journal) - Silicon Valley Not a Bubble...Report Says: "According to the think tank Joint Venture Silicon Valley, Silicon Valley’s job growth rate, at 4.1 percent, is the highest it’s been since 2000, adding nearly 58,000 jobs." More.

Feb. 3, 2015 - (San Jose Mercury News) - Report: Silicon Valley Powers to Record Job Boom, but Surge Produces Income Gap: "'The hot economy is getting hotter,' said Russell Hancock, president of Joint Venture Silicon Valley. 'It is really extraordinary. We are blowing through every economic record.'" More.

Feb. 3, 2015 - (Associated Press) - Report: Silicon Valley Tech Economy Booming: "The annual Silicon Valley Index released by Joint Venture Silicon Valley, representing businesses, government and the broader community, also shows record venture capital investment in technology." More.

January 30, 2015 - (MIT Technology Review) - The Purpose of Silicon Valley: "Such combinations of improvements in hardware and software lead to many technologies that are extremely valuable even if they get less attention than Web or mobile-app startups valued at hundreds of millions of dollars, says Tom Hayes, a marketing executive who founded the Techmanity conference and Joint Venture Silicon Valley, a group that promotes regional development." More.

January 24, 2015 - (Daily Beast) - U.S. Economy Needs Hardhats Not Nerds: "Black and Hispanic incomes in the Valley, notes Joint Venture Silicon Valley, have actually declined amidst the boom, as manufacturing and middle management jobs have disappeared...” More.

January 14, 2015 - (CNET) - Looking for a Tech Job?: "...median household income rise to nearly $95,000 in 2013, an increase of of 1.3 percent, according to an analysis of US Census Bureau data conducted by the Joint Venture Silicon Valley Institute for Regional Studies. More.

January 12, 2015 - (San Francisco Chronicle) - Lenny Mendonca: Real Answers About Real Issues for California: "He has been a force behind the work of the Joint Venture Silicon Valley, the Bay Area Council and its Economic Institute efforts to address fiscal reform in California, a partnership that has become known as California Forward. More.

January 8, 2015 - (San Jose Mercury News) - Sal Pizarro: Joint Venture to Honor Chuck Reed, Chris DiGiorgio with David Packard Award: "Reed, who just ended his eight-year tenure as San Jose's mayor, and DiGiorgio, a former longtime executive with Accenture, both recently stepped down from Joint Venture's board after six years as co-chairmen." More.

News Coverage

Joint Venture's initiatives, publications, events and regional expertise receive frequent coverage in the national and local news media. Our staff is always available to comment on economic trends in Silicon Valley.

For the most recent news coverage, see In the News on our home page.

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