Joint Venture Silicon Valley

@JointVenture
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Established in 1993, Joint Venture provides analysis and action on issues affecting the Silicon Valley economy and quality of life. The organization brings together established and emerging leaders—from business, government, academia, labor and the broader community—to spotlight issues, launch projects and work toward innovative solutions. Publisher of the Silicon Valley Index and home to the Silicon Valley Institute for Regional Studies. https://jointventure.org
Think Tankwww.siliconvalleyindicators.org
Transit Month - San Francisco Transit Riders

San Francisco Transit Riders - Make Transit Awesome!

Silicon Valley’s commercial space indicators reveal in Q2 of 2023 that many companies are continuing to adjust to new expectations around a remote and hybrid work culture.
#CRE #commercialrealestate #siliconvalleyrealestate #leasing

https://jointventure.org/2023-news-releases/2557-2023-q2-commercial-space-report-total-leasing-low-demand-for-space-recedes

2023 Q2 Commercial Space Report: Total leasing low, demand for space recedes

Silicon Valley's July #unemployment rate improves slightly to 3.4%

The unemployment rate in Silicon Valley dropped slightly to 3.4% in July following two straight months of increases, according to analysis by Joint Venture Institute for Regional Studies.

“For Silicon Valley, the big picture is that this economy has had a remarkable two-and-a-half-year run of positive growth,” Joint Venture CEO Russell Hancock told the The Mercury News.

https://jointventure.org/2023-news-releases/2552-silicon-valley-s-july-unemployment-rate-improves-slightly-to-3-4

Silicon Valley's July unemployment rate improves slightly to 3.4%

California Exodus?

“I think of Seattle as Silicon Valley with the same stuff. I mean, similarly fraught — rising prices and a lot of crowding,” Russell Hancock, CEO of Joint Venture Silicon Valley, said. Julia Prodis Sulek #economy #exodus

https://www.mercurynews.com/2023/08/13/the-top-destination-for-bay-area-transplants-isnt-texas-or-florida-its-seattle

California exodus: Top destination for Bay Area transplants isn’t in Texas or Florida. It’s … Seattle?

They’re both home to Big Tech, liberal politics and natural beauty, but Seattle’s big lure is cheaper housing.

The Mercury News

Meet Ashley Raggio, Chief Operating Officer at Joint Venture Silicon Valley. A visionary leader committed to transforming her community and to inspiring her young family to carry on a tradition of service and compassion, Ashley has a profound understanding of the inequities in Silicon Valley and has for years taken on roles that bring about positive change.

https://jointventure.org/read-more-profiles/2545-meet-ashley-raggio

Meet Ashley Raggio, COO at Joint Venture

Food insecurity has worsened in Silicon Valley! But there are solutions in progress. Joint Venture's Food Recovery Initiative is working with Peninsula Food Runners, who is welcoming volunteers who want to reduce food insecurities and food waste in Santa Clara County.

https://sanjosespotlight.com/san-jose-free-food-pilot-feeds-those-in-need

Sign up at www.peninsulafoodrunners.org #peninsulafoodrunners #foodinsecurity

San Jose free food pilot feeds those in need - San José Spotlight

Residents in affordable housing across San Jose and Palo Alto have access to free food through an effort to prevent food waste and provide support to low-income families.

San José Spotlight
Bay Area #rent prices may be cooling off, but here's why increases may be on the horizon: "We seem to have turned the corner on layoffs," Joint Venture Silicon Valley CEO Russell Hancock said. @scottbudman @russellhancock #economy https://www.nbcbayarea.com/news/local/bay-area-rent-prices-jobs-layoffs/3280444
Bay Area rent prices may be cooling off, but here's why increases may be on the horizon

Here's a look at why some think rent prices in the Bay Area may see a surge.

NBC Bay Area

The #unemployment rate in #SiliconValley reached its highest level (3.5%) since October of 2021, when it was 3.8%.

https://jointventure.org/2023-news-releases/2542-silicon-valley-unemployment-rate-ticks-up-to-3-5-in-june

Silicon Valley unemployment rate ticks up to 3.5% in June

Working together makes us stronger!
The Santa Clara County Food Recovery Program was jointly created by all cities and unincorporated areas of Santa Clara County to champion food recovery and implement SB 1383, a new state law ensuring businesses donate surplus food or prevent surplus in the first place.

https://reducewaste.sccgov.org/food-recovery

Pre-seed #FinTech, #HealthTech, #WealthTech, #EdTech start-ups! @bankofamerica Breakthrough Accelerator Lab is a free 6-month incubator for #minority- & #women-led startups. Apply by 6/8/2023. https://bit.ly/BofA_Breakthrough
Breakthrough Lab Application: Entrepreneur Accelerator

Bank of America Breakthrough Lab is an accelerator program for underrepresented entrepreneurs. Learn who is eligible, what to expect, and how to apply.

Bank of America