History of Wikipedia Sanger was his subordinate employee. Sanger initially brought the wiki concept to Wales and suggested it be applied to Nupedia and then, after some initial skepticism, Wales agreed to try it. It was Jimmy Wales, along with other people, who came up with the broader idea of an open-source, collaborative encyclopedia that would accept contributions from ordinary people and it was Wales who invested in it. Wales stated in October 2001 that "Larry had the idea to use Wiki software." Sanger coined the portmanteau "Wikipedia" as the project name. In review, Larry Sanger conceived of a wiki-based encyclopedia as a
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