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Briefing Book 2 Welcome letter, Table of Contents Ever since early spring Silicon Valley Regional Overview of this year, I have had a 4 certain song stuck in my Regional Cities Comparisons head and I haven’t been able 7 to shake it. Please allow me to share a few of the lyrics 12 with you… Do you know the way to San José? I’ve been away grow within industries that didn’t exist just a so long. I may go wrong and lose my way. few years ago… 14 The great thing about the annual InterCity visit hosted by the Austin Chamber of Commerce is that you And all the stars that never were are parking cars won’t lose your way...unless you miss the scheduled and pumping gas departure for the next program! Don’t worry, the …but I guess not all of those ideas pan out creating address for every venue we’re visiting is in your billion-dollar companies. pocket guide. Do you know the way to San José? They’ve got a Do you know the way to San José? I’m going back lot of space. There’ll be a place where I can stay. to find some peace of mind in San José. Quite literally, we will cover a lot of ground visiting Part of the peace of mind we’ll gain is fresh insight on sites in Santa Clara County from Stanford University how we can bring leading practices back to Central in Palo Alto to Mountain View to Sunnyvale and many Texas. These insights may include how to continue places in between. At the end of each day, our place growing our innovative economy, strengthening our to stay will be The Fairmont San José Hotel in the region’s healthcare assets, or developing the next heart of downtown San José. generation of talented entrepreneurs. I’ve got lots of friends in San José. Do you know LA is a great big freeway. Put a hundred down and the way to San José? Can’t wait to get back to buy a car. San José. Improving regional transportation remains a top The Silicon Valley and Central Texas economies priority for Central Texas. Silicon Valley has are tightly intertwined. Many companies have committed its resources to implementing a vision that strong presences in these two regions, and plenty of addresses congestion through a system of express business people have spent significant time in both lanes with dynamic congestion pricing as well as places. Central Texas has lots of friends in San José regional transit options. and I look forward to seeing them with you on our visit! In a week, maybe two, they’ll make you a star. Given how quickly ideas in Silicon Valley turn into fortunes, it seems like a week or two that companies Lew Little, Jr. 2012 Chair-Elect; Austin Chamber of Commerce Chief Executive Officer; Harden Healthcare, LLC 2 Welcome letter, Table of Contents Silicon Valley Regional Overview 7 Regional Cities Comparisons 12Stanford University 14 Trip Map, Itinerary 16 Regional Transportation 20Education/Workforce Issues 21 Speaker Photos/Biographies 27Bay Area Map HISTORY ofSILICON VALLEY William Hewlett and David Packard start a company to produce their audio- oscillator; Walt Disney becomes the first customer of Hewlett-Packard, purchasing their oscillator for the animation film "Fantasia" About Silicon Valley The County of Santa Clara, also referred to as "Silicon Valley", is located at the southern end of the San Francisco Bay. The fertile Santa Clara Valley runs the entire length of the county from north to south, ringed by the rolling hills of the Diablo Range on the east, and the Santa Cruz Mountains on the west. Salt marshes and wetlands lie in the northwestern part of the county, adjacent to the waters of San Francisco Bay. Today, the county is a major employment center for the region, providing more than a quarter of all jobs in the Bay Area. The county's population of more than 1.8 million is one of the largest in the state, following Los Angeles, San Diego and Orange counties, and the largest of the nine Bay Area counties. Its population constitutes about one fourth of the Bay Area's total population. There are 15 cities ranging from Palo Alto in the north, to Gilroy in the south. San José is the largest city in the county, with a population of nearly one million, and is the administrative site of county government. A significant portion of the county's land area is unincorporated ranch and farmland. Nearly 92% of the population lives in cities. In sports and recreation, San José is home to teams for professional soccer (San José Earthquakes), minor league baseball (San José Giants), and professional hockey (San José Sharks). The County is home to three major universities - Stanford University, Santa Clara University and San José State University. Fortune 500 companies headquartered in Santa Clara County, CA include Hewlett-Packard (10), Apple (17), Intel (51), Cisco Systems (64), Google (73), eBay (228), Applied Materials (251), Agilent Technologies (375), Sanmina-SCI (376), AMD (378), Symantec (391), SanDisk (430), NetApp (474), and Yahoo (483). Regional Governance Overview The Association of Bay Area Governments (ABAG) is the regional planning agency for the nine counties and 101 cities and towns of the San Francisco Bay region. ABAG is committed to lead the region through advocacy, collaboration, and excellence in planning, research, housing, and member services to advance the quality of life in the San Francisco Bay Area. ABAG’s planning and service programs work to address regional economic, social, and environmental challenges. Almost fifty years ago, Bay Area leaders recognized the need to address common issues from a regional perspective. As a result, in 1961, elected officials from the region’s cities, towns, and counties formed a council of governments, the Association of Bay Area Governments (ABAG). Since inception, ABAG has examined regional issues such as housing, transportation, economic development, education, and environment. In 1970, ABAG broke ground developing the Regional Plan, 1970-1990, the Bay Area’s first comprehensive 1951 1952 1946 The Stanford Research The Stanford Industrial IBM opens its first West Coast 4 Institute is founded Park is conceived laboratory in San José (later Almaden Research Center) Regional Comparison AUSTIN MSA SAN JOSÉ MSA POPULATION & POPULATION GROWTH Metropolitan Rank, 2011 34 31 Population, 2011 1,783,519 1,865,450 Population, 2001 1,324,426 1,745,147 Growth, 2001-2011 34.7% 6.9% LAND AREA & DENSITY 2010 Land Area 4,219.9 2,678.8 Persons per Square Mile 407 686 AGE Median Age 2010 32.6 36.1 Under 25 Years 2011 36.4% 32.8% 25-59 Years 2011 50.7% 51.0% 60+ Years 2011 12.8% 16.2% COST OF LIVING INDEX (USA=100) Year ending Q1 2012 93.5 152.2 EDUCATIONAL ATTAINMENT 2010 High School Graduate or Higher 87.5% 86.2% Bachelor’s Degree or Higher 39.4% 45.3% Graduate or Professional Degree 13.7% 19.8% COMMUTING TO WORK 2010 Mean travel time to work (minutes) 25.0 24.4 Public transportation 2.3% 2.9% ECONOMIC INDICATORS 2010 Median Household Income $55,744 $83,944 Families Below the Poverty Level 10.6% 7.0% Median Home Value $187,600 $631,400 Primary Jobs 754,459 805,960 BUSINESS ESTABLISHMENTS 2010 Total 41,216 45,032 Employing 1-19 35,164 38,556 Employing 20-99 5,104 5,326 Employing 100-499 857 965 Employing 500+ 91 185 1955 1956 Private investors or “angels” (including John Bryan, Bill IBM’s San José labs invent Edwards and Reid Dennis) establish “The Group” to invest the hard-disk drive 5 together in promising companies Historic Population Change YEAR AUSTIN, TEXAS SAN JOSÉ, CALIFORNIA Population | % Change Population | % Change 2010 790,390 20% 945,942 6% 2000 656,562 41% 894,943 14% 1990 465,622 35% 782,248 24% 1980 345,890 37% 629,442 37% 1970 251,808 35% 459,913 125% 1960 186,545 41% 204,196 114% 1950 132,459 51% 95,280 39% 1940 87,930 66% 68,457 19% 1930 53,120 52% 57,651 45% 1920 34,876 17% 39,642 37% 1910 29,860 34% 28,946 35% 1900 22,258 53% 21,500 19% 1890 14,575 32% 18,060 44% 1880 11,013 149% 12,567 38% 1870 4,428 27% 9,089 98% 1860 3,494 455% 4,579 31% 1850 629 3,500 regional plan. The plan incorporated the first regional 7,000,000 people. ABAG offers its members research open space plan, regional information systems and and analysis, planning and outreach, as well as cost- technology support, criminal justice and training, effective member service programs. As an advisory water policy and waste collection, and earthquake organization, ABAG has limited statutory authority hazards and planning. and is governed by the Executive Board. An elected official from each member city, town, and county, The Bay Area is composed of nine counties: serves as a delegate to ABAG’s General Assembly. Alameda, Contra Costa, Marin, Napa, San Francisco, Created by the state Legislature in 1970, the San Mateo, Santa Clara, Solano, and Sonoma. All Metropolitan Transportation Commission (MTC) nine counties and all 101 cities and towns within is the transportation planning, coordinating and the Bay Area are voluntary members of ABAG, financing agency for the nine-county San Francisco representing all of the region’s population – more than Bay Area. The Commission’s work is guided 1965 1958 Draper, Gaither and Anderson is Gordon Moore predicts that the processing 6 founded, the first professional venture- power of computers will double every 18 months capital firm in California (“Moore’s law”) Regional Cities Comparison AUSTIN, TX SAN JOSÉ, CA POPULATION Population Rank Within Region, 2011 1 1 Population, 2011 820,611 967,487 Population, 2001 685,684 909,260 Growth, 2001-2011 19.7% 6.4% LAND AREA & DENSITY 2010 Land Area 297.9 176.5 Persons per Square Mile 2,653 5,359 AGE 2010 Median Age 31.0 35.2 Under 25 Years 36.7% 34.3% 25-59 Years 52.5% 51.1% 60+ Years 10.8% 14.6% EDUCATIONAL ATTAINMENT 2006-2010 High School Graduate or Higher 85.1% 82.4% Bachelor’s Degree or Higher 44.1% 36.6% Graduate or Professional Degree 16.4% 13.5% COMMUTING TO WORK 2006-2010 Mean travel time to work (minutes) 22.7 25.2 Public transportation 4.8% 3.5% ECONOMIC INDICATORS 2006-2010 Median Household Income $50,520 $79,405 Families Below the Poverty Level 12.8% 7.9% Median Home Value $200,000 $633,800 PRIMARY JOBS 2010 541,986 327,964 SALES TAX RATE 8.3% 8.4% by a 19-member policy board.
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