Although Wales himself had made his personal fortune as a futures trader in Chicago in the 1990s, he wasn't the one funding Nupedia. This was done through one of Wales's less altruistic ventures, a Web portal called Bomis.com that featured, among other items, soft-core pornography.
Nupedia launched in March 2000 by Jimmy Wales and Larry Sanger. ... Wales's company Bomis, an Internet search portal and a vendor of online 'erotic images' (featuring the Bomis Babe Report), picked up the tab initially.
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