In 1992, Lotus Software became the first major corporation in the United States to offer such benefits to employees.
Lotus's headquarters in Cambridge were originally divided into two buildings, the Lotus Development Building (LDB) on the banks of the Charles River, and the Rogers Street building, adjacent to the CambridgeSide Galleria.
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As a graduate student at MIT, he worked with Mitch Kapor, future founder of Lotus, to create and sell a financial statistics program written in BASIC for an Apple II.
F9 - The Financial Reporter was originally developed by Synex Systems Corporation, a subsidiary of Synex International (Symbol SXI, TSX) and first released in 1988 for Accpac as a Lotus 1-2-3 Add-in for DOS and subsequently F9 was developed for the Microsoft Excel Spreadsheet Platform.
Kapor founded Lotus Development Corporation in 1982 with Jonathan Sachs, Kapor served as the President (later Chairman) and Chief Executive Officer of Lotus from 1982 to 1986 and as a Director until 1987.
Invented by Milos Konopasek in the late 1970s and initially developed in 1982 by Software Arts, the company behind VisiCalc, TK Solver was acquired by Universal Technical Systems in 1984 after Software Arts fell into financial difficulty and was sold to Lotus Software.
After graduating from East Carolina, Spaulding became the Business Partner Sales Manager at IBM/Lotus Development and a member of the Japan Exchange and Teaching (JET) program where he worked with the staff of the 1998 Winter Olympics in Nagano, Japan.
Early alumni of this company included Ed Esber who would later run Ashton-Tate, Bill Coleman who would found BEA Systems, Mitch Kapor founder of Lotus Software and the Electronic Frontier Foundation, Rich Melmon who would co-found Electronic Arts, Bruce Wallace author of Asteroids in Space, and Brad Templeton who would found early dot-com company ClariNET.