JUN 22, 2016

How Lawrence Ng Built a $200M Company Before He Turned 30

how lawrence ng built a $200m company before he turned 30   |   By Stephen Liu

Lawrence Ng Privy Profile Interview Cover Photo

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 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 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.”




You’ve founded several successful companies. What do you think gives you that x-factor that drives you into entrepreneurship?


I’ve always been driven to look for opportunities that have not been “discovered.” In 2000, when most people were focused on the dot-com bust, I envisioned how the Internet could change advertising and add performance metrics. At Oversee, I used my knowledge of search technology and focused on driving search-based traffic to advertisers. This created new revenue streams for Oversee and drove us to find new methodologies and approaches. And with this vision, we grew the company from 3 employees to a team of 250 without raising any outside funding. This eventually led to me selling a majority interest in Oversee to Oak Hill Capital in 2008 when they invested $150 million. We also incubated many new businesses at Oversee which were successful and this had impacted my new company, LNG Management. We look for companies and ideas which could disrupt an existing industry or bring completely new technology to the world.


I really like

Recommended For You


By Bonnie He   NOV 16, 2017


By Bonnie He   APR 3, 2017


By Bonnie He   NOV 23, 2016


By Bonnie He   JUL 21, 2016

Jason Wang Rules a Xi'an Empire


By Stephen Liu
JUN 1, 2016


By Stephen Liu   JUN 1, 2016


By Bonnie He   MAY 18, 2016

The Homecoming of Transpacific Star Daniel Wu


By Bonnie He
NOV 13, 2015


By Bonnie He   NOV 13, 2015


By Privy Editor   OCT 22, 2015

Model Hannah Jun Shares Inspiring Words


By Privy Concierge
SEP 2, 2015


By Privy Concierge   SEP 2, 2015


By Privy Concierge   SEP 1, 2015