History of Wikipedia on developing it." On Wednesday 17 January 2001, two days after the founding of Wikipedia, the Free Software Foundation's (FSF) GNUPedia project went online, competing with Nupedia, but today the FSF encourages people "to visit and contribute to [Wikipedia]". Wikipedia was initially conceived as a feeder project for the Wales-founded Nupedia, an earlier project to produce a free online encyclopedia, volunteered by Bomis, a web-advertising firm owned by Jimmy Wales, Tim Shell and Michael E. Davis. Nupedia was founded upon the use of highly qualified volunteer contributors and an elaborate multi-step peer review process. Despite its mailing list of interested
Jimmy Wales the Nupedia and Wikipedia projects until Bomis discontinued funding for his position in February 2002; Sanger resigned as editor-in-chief of Nupedia and as "chief organizer" of Wikipedia on March 1 of that year. Early on, Bomis supplied the financial backing for Wikipedia, and entertained the notion of placing advertisements on Wikipedia before costs were reduced with Sanger's departure and plans for a nonprofit foundation were advanced instead. Wales has asserted that he is the sole founder of Wikipedia, and has publicly disputed Sanger's designation as a co-founder. Sanger and Wales were identified as co-founders at least as early as September