These two Ukrainian entrepreneurs own stakes worth billions of dollars in a company that fixes comma splices and sentence fragments—and is now valued at $13 billion..
to reach 30 million people each day through its operations across 500,000 applications and websites, including email apps, numerous web browsers, social media and Microsoft Word.
This isn’t the only company Lytvyn and Schevchenko have started together. The pair, who met while attending the International Christian University in Ukraine, say the idea for Grammarly actually came from their previous venture, MyDropBox, which dates back to their college days. “We had built a product to help keep plagiarism out of students’ writing,” Lyvtyn wrote in ain March.
Their mission may sound noble, but there were some questions raised about Lyvtyn and Schevchenko’s motivations early in their business journey when it was discovered that two online services they had launched to help professors check student papers for plagiarism appeared to have ties to websites selling term papers to students. They toldat the time that they had been hired to program a paper-mill site, but denied any connection between the two businesses.
The scandal faded into an almost forgotten blip on their records when Lytvyn and Schevchenko moved to the U.S. and Canada, respectively, to get their MBAs at Vanderbilt University and the University of Toronto. They then brought to life their vision for MyDropBox, which was ultimately acquired by educational technology company Blackboard. It appears that one or both men may still be living in Vancouver, and it is not clear if the two men have gained citizenship in the U.S. or Canada.
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