Founding UUNET
Rick Adams founded a nonprofit telecommunications company, UUNET Communications Service, to reduce the cost of mail and Usenet traffic sent by UUCP, particularly for rural sites in America. (UUNET was founded with a $50,000 loan from the USENIX Association, which was subsequently repaid.) UUNET became an official gateway between UUCP mail and Internet email, as well as between North America and Europe. It hosted many related services, such as Internet FTP access for its UUCP clients and the comp.sources.unix archives.
Adams spun out a for-profit company, UUNET Technologies, which was the first ISP in the United States. The for-profit company bought the assets of the nonprofit, repaying it with a share of the profits over the years. The nonprofit has spent that money for many UNIX-related charitable causes over the years, such as supporting the Internet Software Consortium. The for-profit ISP became a multi-billion-dollar company and made an initial public offering in 1995. It was acquired by MFS (Metropolitan Fiber Systems, a wide-area optical-networking company), in 1996, which was subsequently acquired by Worldcom, which rose to challenge the largest telecommunications companies in America.
Adams left UUNET after transitioning leadership of the company to John Sidgmore in 1994. After leaving UUNET, Rick pursued opportunities as a partner in other ventures, including Cello and the 2941 restaurant in Falls Church, Virginia.
Read more about this topic: Rick Adams (Internet Pioneer)
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