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.
Lawrence Ng | |
|---|---|
 | |
| Born | 9 November 1978 |
| Nationality | American |
| Education | Pace University University of Southern California (BA) |
| Occupations |
|
| Years active | 2000–present |
Early life and ownership of Oversee.net
editNg 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]
Charity work and startup incubation
editIn 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]
References
edit- ^ "Lawrence Ng and the History of SideHustles.com". SideHustles.com. August 16, 2023. Retrieved August 28, 2023.
- ^ "Interview with Lawrence Ng, Founder, Oversee.net". socalTECH. February 20, 2007. Retrieved July 11, 2023.
- ^ Flanigan, James (October 19, 2006). "Making Money by Matching Surfers to Marketers". New York Times. Retrieved July 11, 2023.
- ^ "Finalists for the Ernst & Young Entrepreneur Of The Year(R)". Bloomberg Media. May 18, 2007. Retrieved 11 July 2023.
- ^ Stone, Brad (February 1, 2008). "Coins in the New Realm". New York Times. Retrieved 11 July 2023.
- ^ a b c "Lawrence Ng of LNG Management Joins Metamorphic Ventures Advisory Board". Business Wire. October 6, 2015. Retrieved 11 July 2023.
- ^ Smith, Spectacular (December 6, 2017). "This CEO Built a $200 Million Empire Before He Turned 30. Here Are His 7 Tips for Starting a Business". Inc. Retrieved 11 July 2023.
- ^ "Oversee.net Co-Founder Lawrence Ng Launches Incubator". Wall Street Journal. Retrieved 11 July 2023.
- ^ "美國創投公司 Onramp Lab 研發監測軟體 Kidguard，突破隱私與安全兩難，守護孩子遠離霸凌". TechNews 科技新報 (in Chinese (Taiwan)). Retrieved 11 July 2023.
- ^ Mucklai, Shazir (April 4, 2017). "New Startup KidGuard, Attempts to Revolutionize Phone Monitoring for Kids". Inc. Retrieved 11 July 2023.
- ^ Valentino-Devries, Jennifer (19 May 2018). "Hundreds of Apps Can Empower Stalkers to Track Their Victims". The New York Times. Retrieved 11 July 2023.
External links
edit
This article needs additional or more specific categories. (July 2023) |