Wikipedia reviewed under a formal process. It was founded on March 9, 2000, under the ownership of Bomis, a web portal company. Its main figures were Bomis CEO Jimmy Wales and Larry Sanger, editor-in-chief for Nupedia and later Wikipedia. Nupedia was initially licensed under its own Nupedia Open Content License, but even before Wikipedia was founded, Nupedia switched to the GNU Free Documentation License at the urging of Richard Stallman. Wales is credited with defining the goal of making a publicly editable encyclopedia, while Sanger is credited with the strategy of using a wiki to reach that goal. On January 10,
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