The Silicon Valley Ruby on Rails Meetup is organized by Jeanine Swatton, Kenneth King, and Ellen Marie Scott, with sponsorship from ban.jo, which is currently hiring. The meetup emphasizes creativity and innovation in the tech community, inspired by a quote from Steve Jobs about the importance of 'the crazy ones' who change the world. The document also includes mentions of different projects and ideas, such as Flickmunk, a movie demo application by Tim Boucher.