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Since then T4T has become a global movement, spreading into every corner of our world. Wales wanted to participate in the online-based entrepreneurial ventures which were increasingly popular and successful during the mids. Retrieved January 19, Keen, Andrew A14 — via Westlaw. Add new comment. Schiff, Stacy July 31,
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The company initially tried a number of ideas for content, including being a directory of information about Chicago. Bomis created Nupedia as a free online encyclopedia with content submitted by experts but it had a tedious, slow review process. The non-profit Wikimedia Foundation began in with a Board of Trustees composed of Bomis' three founders Wales, Davis and Shell  and was first headquartered in St. Petersburg, Florida ,  Bomis' location. Jimmy Wales left a study track at Indiana University as a PhD candidate to work in finance before completing his doctoral dissertation. Wales wanted to participate in the online-based entrepreneurial ventures which were increasingly popular and successful during the mids. Wales co-founded Bomis in , with business associates Tim Shell,    and his then-manager Michael Davis,    as a for-profit corporation with joint ownership.
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