Joint Venture Silicon Valley NetworkThe Joint Venture just released their 2008 Silicon Valley report.   A free copy of this fascinating report is available on their website.  Apparently the key media (i.e. Wall Street Journal, New York Times, San Francisco Chronicle) sources also picked up on this information too.

While the other articles attempt to summarize this report in a general sense, I’m going to write about why you should care and how you could use the information.

  1. Job seekers – If you’re looking for a job in Silicon Valley, then sections of this report will show where job increases and decreases occurred.
  2. Home seekers – People who are looking for a primary residence or a possible real estate investment will also find useful information in this report.
  3. Entrepreneurs – If you’re starting a business or currently running one in Silicon Valley, this report provides a good understanding of the business climate and demographic overlay.
  4. Investors – If you invest in the stock market, you can see which industries the venture capital firms in the valley are investing in (hint: cleantech and medical devices).  You can then leverage that info to  refine your focus on  investing in publicly listed companies.

In conclusion, Silicon Valley is well positioned to weather a potential US economic recession based on this report.  Additionally, I’d encourage you to take a look at this report especially if you’re looking for a job, a home, a business, or an investment.