Joint Venture Silicon Valley provides ANALYSIS, ACTION, LEADERSHIP

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Joint Venture Silicon Valley provides

ANALYSIS

ACTION

LEADERSHIP

What is Joint Venture Silicon Valley?

Established in 1993, Joint Venture brings together Silicon Valley’s established and emerging leaders—from business, government, academia, labor and the broader community—to spotlight issues and work toward innovative solutions. In this short video see what Silicon Valley leaders have to say about the organization.

What's Happening Now

Jody Meacham named Senior Fellow

Jody MeachamApril 7, 2021 – Joint Venture has named Jody Meacham as a Senior Fellow working at large across the organization and its Institute. Meacham was most recently a reporter for the Silicon Valley Business Journal from 2015 until 2021. Joint Venture Fellows are distinguished scholars or professionals in their field. They work on issues in Joint Venture’s major project areas, consult with project teams, and provide expert advice. Fellows also write, blog, publish research and provide thought leadership. “I consider Jody Meacham a highly accomplished journalist, whose writing I have always admired,” said Joint Venture CEO Russell Hancock. “We’re enormously pleased that he brings his standing and stature to this organization.”

Read news release

Meet Nicole Taylor: Joint Venture co-chair and CEO of Silicon Valley Community Foundation

April 5, 2021 - At an extremely challenging moment for Silicon Valley, Nicole Taylor is the right person in the right job at the right time. As CEO of the Silicon Valley Community Foundation (SVCF), she is responsible for $12 billion in assets and for getting resources to those who need it most. She is also the co-chair of Joint Venture Silicon Valley.

The Foundation’s donors are a veritable who’s-who of Silicon Valley tech titans, yet it’s not hard to see that her heart beats for those who are most vulnerable. Taylor’s oft-repeated refrain is “We can do better and we must build back better.” Her personal origin provides insight as to how that came about.

Read the profile

Joint Venture, Santa Clara County, bridge digital divide

April 4, 2021 - Joint Venture’s Community Broadband Initiative has built a fixed wireless system to connect students in Campbell Union School District to remote learning. The project had its champion in Joint Venture board member Susan Ellenberg, a member of the Santa Clara County Board of Supervisors. “These students were suddenly learning from home but didn’t have adequate tools,” explained the Supervisor, who enlisted the County Office of Education (COE) to scope out the project. 

Learn more about Joint Venture’s Community Broadband Initiative

Accenture’s Neeraj Vadhan elected to Joint Venture board

April 4, 2021 - Neeraj Vadhan, senior managing director and senior client lead at Accenture, was unanimously elected to the Joint Venture board of directors on March 19. During his 20-year tenure at Accenture, a consulting giant operating in 120 countries, Vadhan has specialized in communications, media, and technology. He is also an investor with Emergent Ventures and an angel investor in startups focused on sustainability and societal impact. He grew up on New York’s Long Island and earned a Bachelor of Science in computer engineering from the University of Rhode Island with a minor in mathematics.

Read the news release

Joint Venture's Food Recovery Council broadens outreach

April 4, 2021 - Joint Venture's Food Recovery Council is broadening its reach thanks to a grant from the Wells Fargo Foundation. The Council is comprised of ten organizations working cooperatively to increase their collective capacity and broaden communications to save more food, and feed more people. Their strategies include the development of standardized food safety requirements that can be adapted for use by any of its members to inform food recovery standards across Santa Clara County. An online matching tool is also in development that will enable food recovery organizations and potential food donors to find connections that best meets their needs.

Learn more

State of the Valley 2021 videos available

logoApril 4, 2021 - All speakers, all sessions, and all musical interludes are now available to rescreen on Joint Venture's YouTube channel. Revisit a favorite speaker for clarity or catch a missed subject. Don't miss Julián Castro's keynote with inspiration for working together to bridge the divide and his mandate to reach equity for all. What did Dr. Sara Cody say about large gatherings and getting back to normalcy?

Watch State of the Valley videos

Support the planet

earthApril 5, 2021 - Joint Venture's Climate-Safe California initiative is aligning California policy with the science and realities of climate change. “We’re asking supporters to urge boldness from our state lawmakers,” said Barry Vesser, executive director of the initiative. “We welcome every member of the community to endorse the intitiative.” Climate experts have called this a unique, bold, urgently needed, and comprehensive campaign that will catalyze similar efforts across the globe. Joint Venture added Beyond Gasoline and Climate-Safe California initiatives to its spectrum of climate projects in 2020.

Endorse Climate Safe California

Beyond Gasoline | Climate-Safe California

2021 Silicon Valley Index: COVID and a tale of two valleys

Index report coverFebruary 16, 2021 – The pandemic exacerbated all of the inequities that already existed in Silicon Valley, according to the 2021 Silicon Valley Index, released by Joint Venture’s Institute for Regional Studies. It was a tale of two economies, from the virus, to employment, IPOs, childcare, hunger, and housing, the pandemic plowed through every aspect of the economy. 

Issues that had long plagued the region have been magnified by the pandemic, notably racial and ethnic disparities, the struggle faced by those unable to keep up with rising costs, and gaping income and wealth divides. “The fact is, success is actually driving inequality,” said Russell Hancock, CEO of Joint Venture. 

Read the news release | Download the Index

Amazon Smile: Support Joint Venture while you shop

Amazon Smile logoJoint Venture is participating in the Amazon.com AmazonSmile program. Every time you shop at AmazonSmile.com, a portion of your sales (0.5%) goes to support our work. AmazonSmile is a simple and automatic way for you to support Joint Venture every time you shop, at no cost to you. When you shop at smile.amazon.com, you’ll find the exact low prices, vast selection, and convenient shopping experience as Amazon.com, with the added bonus that Amazon will donate a portion of the purchase price to support Joint Venture’s work in your community.

Support Joint Venture with Amazon Smile

Silicon Valley Indicators

indicators home page Comprehensive information and data about the Silicon Valley ecosystem is always available at www.siliconvalleyindicators.org.

Data and charts from the Silicon Valley Index (and more) are presented on an interactive website that allows users to explore Silicon Valley trends. Indicators are presented by the Institute for Regional Studies. Housed within Joint Venture Silicon Valley, the Institute provides data and analysis on issues facing dense metropolitan regions.

coverJune 26, 2020 – Joint Venture’s Institute for Regional Studies has released an analysis of post-COVID unemployment rates compared to 20 years of pre-COVID historical data. The numbers reflect a minimal decrease of 0.6 percentage points in the regional unemployment rate from the unprecedented 11.6 percent in April – a rate surpassing even the post-dot com bust and recession highs of 2009.

Silicon Valley’s unemployment rate was 2.4 percent in February – only slightly above the 2019 low of 2.0 percent; it rose slightly to 3.1 percent in March reflecting the earliest effects of the pandemic, then soared to 11.6 percent in April. 

Read the release

In The News

April 7, 2021 - (Market Watch) - Asian-American business leaders rally against wave of hatred: ‘We don’t deserve to live in fear in our own country’: In 2019, those from Asian countries made up 56.5% of tech workers with bachelor’s degrees in Santa Clara and San Mateo counties, according to Joint Venture Silicon Valley’s latest index. More 

April 5, 2021 - (San Jose Spotlight) - Why has building housing in San Jose become increasingly unaffordable? It’s a common refrain in Silicon Valley, where the median monthly rent is more than $3,000, according to the Silicon Valley Institute for Regional Studies. More

April 2, 2021 - (San Jose Inside) - Op-Ed: Our Post-Covid Lives Shouldn’t Go Back to ‘Normal’—They Should Go Back Better - I worked with Joint Venture Silicon Valley to expand infrastructure within our community’s “internet deserts.” More

March 29, 2021 - (Stanford Daily) - Stanford and Silicon Valley: Storied past, uncertain future - “This is a big deal,” said Russell Hancock, president and CEO of Joint Venture, a non-profit Silicon Valley think tank. “Oracle is an iconic company. It’s been synonymous with Silicon Valley for its entire history. More

March 25, 2021 - (San Jose Blog) - Silicon Valley Annual Check-up: Joint Venture CEO Russel Hancock summarizes the key learnings from the 2021 Silicon Valley Index. This year, special attention was paid to the impacts of the Coronavirus on our local economy. More

March 24, 2021 - (Wired) - After a Remote Year, Tech’s Shadow Workforce Barely Hangs On: Doing so has “raised huge philosophical questions,” says Russell Hancock, the president of Joint Venture Silicon Valley, a think tank in the region. More

March 21, 2021 - (Pleasanton Weekly) - 'We were in trouble': Bay Area health officials look back on anniversary of first shelter-in-place order - So we had 20 percent of the positives, but were only submitting 5 percent of the specimens," Cody said during Joint Venture Silicon Valley's State of the Valley event last month. More

March 19, 2021 - (Mountain View Voice) - A weak army fighting an all-out war: On Feb. 24 at Joint Venture's State of the Valley Conference, Cody stated, "We now know much of COVID-19 transmission is aerosol or airborne, a bit of it is droplets, and very little is on surface." More

March 19, 2021 - (Mountain View Voice) - Data reveals how the COVID-19 pandemic fueled Silicon Valley's economic divide: The Palo Alto Weekly, The Almanac and Mountain View Voice have woven together data based on Joint Venture Silicon Valley's State of the Valley report into a by-the-numbers graphic. More

March 18, 2021 - (San Jose Inside) - Altered Valley: What a Year of Pandemic Has Done to Our Lives - “This economy is unbelievably strong and resilient, it’s just incredible,” says Russell Hancock, president of research think tank Joint Venture Silicon Valley. More

March 17, 2021 - (Patch) - 'We Were In Trouble': Bay Area Recalls First Stay-Home Order - So we had 20 percent of the positives, but were only submitting 5 percent of the specimens," Cody said during Joint Venture Silicon Valley's State of the Valley event last month. More

March 15, 2021 - (KRON4) - Despite reports of Bay Area exodus, many are staying in California: “The index shows that Silicon Valley is a region that is on the one hand thriving, our tech economy, they turned in a banner year any way that you measure it,” said Russell Hancock, CEO of Joint Venture. More

March 9, 2021 - (Mercury News) - COVID: Here’s why fewer in the Bay Area qualify for stimulus payments - Russell Hancock, chief executive officer of Joint Venture Silicon Valley, a policy analysis organization, said the pandemic has had a very uneven impact on the Bay Area’s different job sectors. More

March 4, 2021 - (KRON4) - Silicon Valley school dropout rate increasing due to COVID-19: study: According to the 2021 Silicon Valley Index, released by nonprofit Joint Venture Silicon Valley’s Institute for Regional Studies, high school graduation rates fell significantly in the 2019-20 school year. More

March 1, 2021 - (Progressive Farmer) - Rural Broadband Needs Tech, Ventures: Mo Shakouri, director of Community Broadband Initiative for Joint Venture Silicon Valley, said during his presentation that innovative ideas in communications are key to expanding and improving rural broadband. More