Stanford University is a private research university located in California. It was founded in 1891 by railroad magnate Leland Stanford and his wife Jane to be free of religious or political bias. Stanford is consistently ranked among the best universities in the world and has strong ties to Silicon Valley. PARC was founded in 1970 as a division of Xerox and is known for innovations like the laser printer, Ethernet, GUI, and object-oriented programming. It has a philosophy that emphasizes flexibility and a wide range of research. Both Stanford and PARC have been influential in the development of Silicon Valley through partnerships, sharing of resources, and support for startups.