Jimmy Wales of a Chicago futures and options firm. In 1996, he and two partners founded Bomis, an adult web portal featuring entertainment and adult content. The company would provide the initial funding for the peer-reviewed free encyclopedia, Nupedia (2000–03), and its successor, Wikipedia. On January 15, 2001, with Larry Sanger and others, Wales launched Wikipedia—a free, open content encyclopedia that enjoyed rapid growth and popularity; as Wikipedia's public profile grew, he became the project's promoter and spokesman. He is historically cited as a co-founder of Wikipedia, though he has disputed the "co-" designation, declaring himself the sole founder. Wales serves on
Jimmy Wales web. He taught at both universities during his postgraduate studies but did not write the doctoral dissertation required for a PhD, something he ascribed to boredom. In 1994, Wales took a job with Chicago Options Associates, a futures and options trading firm in Chicago, Illinois. Wales has described himself as having been addicted to the Internet from an early stage and he wrote computer code during his leisure time. During his studies in Alabama, he had become an obsessive player of Multi-User Dungeons (MUDs)—a type of virtual role-playing game—and thereby experienced the potential of computer networks to foster large-scale collaborative