Vinyl acetate is polymerized in the living way under the irradiation of blue light‐emitting diodes (LEDs) or sunlight without photocatalyst at ambient temperature. 2‐(Ethoxycarbonothioyl)sulfanyl propanoate is exclusively added and acts as initiator and chain transfer agent simultaneously in the current system. Poly(vinyl acetate) with well‐regulated molecular weight and narrow molecular weight distribution (Đ < 1.30) is synthesized. Near quantitative end group fidelity of polymer is demonstrated by nuclear magnetic resonance (NMR) and matrix‐assisteed laser desorption/ionization time‐of‐flight mass spectrometry (MALDI‐TOF MS).