HomeMy WebLinkAboutJoint Meeting - Silicon Valley Obstacles & Opportunities PPTCarl Guardino Thursday, March 7
President & CEO, Saratoga City Council
Silicon Valley Leadership Group
@CarlGuardino
Silicon Valley’s Future: Obstacles & Opportunities
“THE” Issues
•Traffic
•Housing
•Education
Silicon Valley Competiveness Project
•Austin
•Boston
•New York
•Seattle
•Southern California
Strengths
•Collaboration
•Competition
•Colleges
•Cash
•Climate
Change in Average Commute TimeObstacles: Traffic
Average round
trip commute
time
*SVCIP in collaboration with Silicon Valley Community Foundation
Median Housing Costs in Innovation Regions, 2018
*SVCIP in collaboration with Silicon Valley Community Foundation
Obstacles: Housing
2010-2016 Growth in Employment, Population, and Housing Stock
*SVCIP in collaboration with Silicon Valley Community Foundation
Obstacles: Housing
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
3rd Grade Reading 11th Grade Math
2015
2016
2017
2018
55.1%
38%*
32%**
51.7%54.7%
59.0%
46.0%47.0%48.0%47.0%
Obstacles: Education
Share of Students Meeting
or Exceeding State Learning
Standards in Third Grade
Language Arts and Eleventh
Grade Mathematics
*Hispanic or Latino
students
**Black or African
American students
18% *
17% **
CSU/UC 6-year graduation rate: 61% CSU | 84.4% UC
49% of Silicon Valley students will not graduate with the
minimum requirements to apply to a UC/CSU
56% ESUHSD cannot apply to UC/CSU
71.2% Latino students in ESUHSD cannot apply to UC/CSU
Obstacles: Education
Regional Caltrain 3-County
1863 &2021
Opportunities: Traffic
For the purpose of easing traffic on Highways 101,
I-280 and the El Camino Real corridors, and
reducing air pollution by converting Caltrain rail
service to run on cleaner-burning electricity rather
than diesel fuel, and doubling Caltrain ridership
capacity between Santa Clara, San Mateo and
San Francisco counties.
Shall the Caltrain Joint Powers Board enact a one-
eighth cent sales tax with annual audits overseen
by an Independent Citizens Watchdog Committee
to ensure accountability and project compliance?
Yes
71%
No
21%
No
opinion
8%
+/-2.3%
Regional Solution Would you vote "Yes" or
"No" on this measure?
Silicon Valley Leadership Group: 2018 Silicon Valley Poll
Opportunities: Traffic
Housing Trust Silicon Valley
•$200 million invested in affordable
housing
•30,000+ people served
•17,000+ housing opportunities
•$3 billion leveraged by partners
Programs for Housing Solutions
Opportunities: Housing
TECH Fund
•Technology
•Equity
•Community
•Housing
$52 million raised from Cisco Foundation, LinkedIn, David &
Lucile Packard Foundation, Pure Storage, Sobrato Family
Foundation & Grove Foundation
17 developments = 1,840 new affordable homes
Opportunities: Housing
Education Solution: Coding 5k Challenge
Opportunities: Education
Education Solution: Coding 5k Challenge
Opportunities: Education
Launched in February 2018, with a goal of
serving 2,500 students in five libraries.
By years-end, we met and exceeded our
goal with 4,500 students completing a
Coding Academy in 10 San Jose Libraries in
8 of the 10 City Council Districts.
Our 2019 goal is also 2,500 students, before
we officially ramp to 5,000 students in 2020,
and in each year following.
“No snowflake in
an avalanche ever
feels responsible.”
-Stanislaw Jerzy Lec
Change in Average Commute Time
*SVCIP in collaboration with Silicon Valley Commnity Foundation
David Packard, Co-founder & CEO, Hewlett Packard