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"501" is not an accepted term, and doesn't even make sense. Is it supposed to mean someone who programs at 5:01 or someone who doesn't? Someone who plays in the office all night, or someone who makes progress on a healthy schedule?

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This was a clever way of saying "nonprofit". Section 501 of US tax code handles nonprofits. http://en.wikipedia.org/wiki/501(c)_organization

No, it was more likely in relation to 5:01. See the various articles this past week about the "501 manifesto".

Ha, ha - completely off! Thank you for correctly me politely. Knowledge gained.

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