Hewlett, the technological innovator, and Packard, the managerial and financial expert, started their company with $530 which became one of the first electronics firms to set up shop in what later became known as Silicon Valley. They developed a research-oriented, high technology electronics and computer empire, which has long had a reputation of being the best-managed company in the industry. Its most popular products, handheld calculators and laser jet printers, helped to spread the company’s fame worldwide.