Occupation: Serial Entrepreneur, Investor Based in: Taipei, Los Angeles Last Education: University of Southern California - Marshall School of Business |
When others retreat, Lawrence Ng fearlessly advances - and gets results.
When the dot-com bubble collapsed in 2000, investors quickly fled the wreckage. At that time, building an internet-based company wasn’t an attractive prospect.
Lawrence Ng, however, wasn't deterred. He understood how to convert internet traffic into profit, using the search engine optimization and marketing strategies he learned at his previous job at Smartpath (one of the victims in the dot-com collapse).
Excited to utilize this knowledge, he co-founded Oversee.net with Startpath colleage Fred Hsu that year. They started off with only $10,000 in initial capital and a 400-square-foot office in a sketchy Downtown Los Angeles neighborhood. The internet company steadily and organically grew into a business worth $200 million in annual revenue in under a decade - all before Ng turned 30.
Oversee became a giant in the domain name industry, receiving several awards in 2007, including Best Places to Work and Top 100 Fastest Growing Private Companies from “Los Angeles Business Journal.” Lawrence Ng received the Ernst & Young Entrepreneur of the Year Award for Greater Los Angeles in the Technology category.
In 2008, Ng sold the majority of his shares to private equity firm Oak Hill Capital, and has since resided as Oversee's Chairman of the Board.
But keeping up with his entrepreneurial spirit, Ng founded SimplyBridal.com in 2011. He started the company after realizing how much his friends were overpaying for their wedding dresses. The the online bridal retailer with physical showrooms cuts out the middleman and makes high quality dresses affordable for brides and bridesmaids. Bridal gowns range from $200 to $1800, and come in sizes 0 to 30. SimplyBridal has been featured in VentureBeat.
In 2015, Ng launched a new venture, OnRamp Fund, written up in Business Wire, an early stage startup incubator that works closely with select portfolio companies.
He is also the principal at his own asset management company, LNG MGMT, which focuses on investments such as private equity, venture capital and real estate, especially real estate in the Asian markets.
In 2015, Lawrence Ng was selected as Finalist for an Asian Business Award by “Los Angeles Business Journal.”
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