Event Horizons BBS was a popular and perhaps the most financially successful Bulletin Board System (BBS). It was founded in 1983 by Jim Maxey, a self-taught scientist, who was President and CEO and ran his company out of Lake Oswego, Oregon. By 1993, the BBS was grossing over $3.2 million annually. In 1994, the BBS had 128 phone lines and over 34,000 members, and eighteen employees. The organization also offered mail-ordered copies of content for those that did not want to download said via modem. Event Horizons in later years ran on the TBBS system. In 1996 Maxey closed the BBS.