These Brothers Built a $1.1 Billion Company Without Venture Capital. Their Customers Funded It Upfront

EasyA co-founders Phil and Dom Kwok funded growth with upfront payments from companies like Ripple and Google, and kept 100 percent of the equity.

BY TOBI OPEYEMI AMURE

EasyA co-founders Phil and Dom Kwok. Photos: Courtesy EasyA; Adobe Stock

AI startups pulled in $102 billion of venture capital last quarter, 64 percent of everything invested worldwide, and a record 27 companies raised rounds of $1 billion or more, according to Crunchbase data published October 5.

Phil and Dom Kwok, two London-born brothers, have not taken a dollar of it. They say EasyA, the AI and blockchain developer education company they started in 2019 from their childhood bedrooms, is now worth $1.1........

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