Surge CEO & Co-Founder, Edwin Chen: Scaling to $1BN+ in Revenue with NO Funding

20VC

Jul 21, 2025

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Edwin Chen is the Founder and CEO of Surge. Founded in 2020, Surge has scaled to $1BN+ in revenue with zero external funding. At the same time, their competitor, Scale.ai raised over $1.3BN to reach $850M ARR. Today, Surge have the world’s largest model providers as customers and have just 120 employees.

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In Today’s Episode We Discuss:

Why 90% of Big Tech Is Wasting Time on Useless Problems

How Surge Kills Meetings and Still Moves 10x Faster

100x Engineers Are Real

Founding Surge AI

“No Sales Team, No PR, No BS”

The Real Reason AGI Might Take Until 2040

Why the Real Bottleneck in AI Isn’t Compute or Models

Will Synthetic Data Kill Human Labelling?

The Price of a $10B Company?

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