The EWA app was created by Max Korneev, who is not only the co-founder but also serves as the CEO of the company. Max Korneev has been instrumental in leading the development and growth of EWA since its inception in 2018. The app has been bootstrapped, meaning that it has been self-funded and has not relied on external investors for financial support.
As the CEO, Max Korneev has played a crucial role in shaping the direction of EWA and ensuring its success. Under his leadership, EWA has achieved impressive results, with a current annual revenue run rate of $32.4 million. This revenue is generated through a tiered pricing model, where users are charged based on their level of usage.
Max Korneev’s decision to bootstrap the company reflects a level of confidence in the product and its market potential. By relying on its own resources, EWA has been able to maintain control over its operations and strategic decisions. This approach also allows EWA to remain agile and adaptable to market changes without the constraints often associated with external funding.
It is worth noting that the success of EWA can be attributed to the hard work and dedication of the entire team, not just Max Korneev. Building a successful app requires a collaborative effort, and Max Korneev’s role as CEO involves overseeing various aspects of the business, such as product development, marketing, and customer support.
Max Korneev is the co-founder and CEO of EWA, the app that has achieved significant success through its innovative approach to language learning. By bootstrapping the company, Max Korneev has demonstrated his belief in the product and his ability to lead EWA to success.