Lawrence Ng | |
---|---|
![]() | |
Born | |
Nationality | American |
Education |
Pace University University of Southern California ( BA) |
Occupations |
|
Years active | 2000–present |
Lawrence Ng is an entrepreneur and business executive, best known as the co-founder and former CEO of Oversee.net, a 2000s-era company that specialized in domain services and internet marketing services.
Ng immigrated from Hong Kong at the age of 3 and was raised in New York City. He grew up in relative poverty and was homeless until the age of 5. He recounted in a 2023 interview that he worked more than a dozen jobs before he turned 18 to make ends meet. [1]
He was admitted to Pace University in 1996, and later transferred to the University of Southern California, where he received a degree in business. In 1999, shortly after graduating, he began his career at a company called Startpath, a traditional ad network. It was here that he met his future business partner, Fred Hsu. Following the end of the dot-com bubble in 2000, Startpath went under, and Hsu and Ng jointly launched Oversee.net. [2] Among other ventures, the company was engaged in domain name trading.
The company initially had modest revenue, but grew quickly. By 2006, Oversee.net owned around half of a million websites and its yearly revenues exceeded $100 million. [3] In early 2007, Ernst & Young named Ng as one of the finalists for their 2007 Entrepreneur of the Year Award in the Greater Los Angeles area, [4] and one year later, the New York Times listed Oversee.net as one of the largest companies in the domain name trading space, along with Demand Media. [5] Oversee.net was also named to the Inc. 500 list, which catalogues the fastest-growing companies in the US, and received several other awards as well. [6]
In 2009, Ng liquidated his interest in Oversee.net and launched The Lawrence C Ng Family Foundation, which is dedicated to funding non-profit organizations that provide education and career guidance to underprivileged children. [6] [7]
Ng also became active in the angel investing and startup incubation spaces. In 2015, he joined the advisory board of Metamorphic Ventures, a New York City-based venture capital firm, [6] and later that year, financial media outlets reported that he had launched the Onramp Fund, a startup incubator. [8]
Onramp subsequently invested in several businesses. These included Simply Bridal, a wedding dress company, and KidGuard, a parental monitoring app for iOS and Android smartphones. [9] Following KidGuard's launch, it became the subject of significant media attention and attracted both praise and controversy. [10] [11]
This article needs additional or more specific
categories. (July 2023) |
Lawrence Ng | |
---|---|
![]() | |
Born | |
Nationality | American |
Education |
Pace University University of Southern California ( BA) |
Occupations |
|
Years active | 2000–present |
Lawrence Ng is an entrepreneur and business executive, best known as the co-founder and former CEO of Oversee.net, a 2000s-era company that specialized in domain services and internet marketing services.
Ng immigrated from Hong Kong at the age of 3 and was raised in New York City. He grew up in relative poverty and was homeless until the age of 5. He recounted in a 2023 interview that he worked more than a dozen jobs before he turned 18 to make ends meet. [1]
He was admitted to Pace University in 1996, and later transferred to the University of Southern California, where he received a degree in business. In 1999, shortly after graduating, he began his career at a company called Startpath, a traditional ad network. It was here that he met his future business partner, Fred Hsu. Following the end of the dot-com bubble in 2000, Startpath went under, and Hsu and Ng jointly launched Oversee.net. [2] Among other ventures, the company was engaged in domain name trading.
The company initially had modest revenue, but grew quickly. By 2006, Oversee.net owned around half of a million websites and its yearly revenues exceeded $100 million. [3] In early 2007, Ernst & Young named Ng as one of the finalists for their 2007 Entrepreneur of the Year Award in the Greater Los Angeles area, [4] and one year later, the New York Times listed Oversee.net as one of the largest companies in the domain name trading space, along with Demand Media. [5] Oversee.net was also named to the Inc. 500 list, which catalogues the fastest-growing companies in the US, and received several other awards as well. [6]
In 2009, Ng liquidated his interest in Oversee.net and launched The Lawrence C Ng Family Foundation, which is dedicated to funding non-profit organizations that provide education and career guidance to underprivileged children. [6] [7]
Ng also became active in the angel investing and startup incubation spaces. In 2015, he joined the advisory board of Metamorphic Ventures, a New York City-based venture capital firm, [6] and later that year, financial media outlets reported that he had launched the Onramp Fund, a startup incubator. [8]
Onramp subsequently invested in several businesses. These included Simply Bridal, a wedding dress company, and KidGuard, a parental monitoring app for iOS and Android smartphones. [9] Following KidGuard's launch, it became the subject of significant media attention and attracted both praise and controversy. [10] [11]
This article needs additional or more specific
categories. (July 2023) |