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November 19, 2015

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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Oversee.net Co-Founder Lawrence Ng Launches OnRamp Fund - A $10 Million International Business Incubator

Lawrence Ng, the Oversee.net Co-Founder, entrepreneur and angel investor who was profiled in our March 2008 Cover Story, has just launched a new venture. OnRamp Fund is a $10 million incubator that invests in early stage startups. Unlike other funds that invest in a large number of startups, OnRamp Fund’s focus is to help its portfolio companies achieve critical milestones by working closely with select entrepreneurial teams.

A press release announcing the new fund said, "Entrepreneurs in the incubator will have the opportunity to work with mentors and advisors who have built successful companies and are veterans in their industries. OnRamp Fund’s advisors include co-founder and Chairman of Legalzoom Brian Liu, Jamie Lin, founding partner of Taiwan-based AppWorks, Eytan 

Lawrence Ng
OnRamp Fund Founder & CEO

Elbaz, chairman of Opposing Views and co-creator of Adsense, CEO of EV Connect Scott Jarus, and former CFO of David’s Bridal Gene Morphis. Entrepreneurs will be guided by a team of technology, marketing and development specialists with strong track records of bringing companies to market quickly."

Mr. Ng said, "OnRamp Fund’s international capabilities give entrepreneurs access to top global talent in technology more cost effectively than traditional venues. We know how to build highly scalable and profitable businesses from both internally generated ideas and external sources.”

OnRamp Fund has expertise in cross border and international strategies as well as online to offline marketing. With operations across the United States, Taiwan and China, the fund can assist startups that require cross border operations but lack the resources to do so. The fund release said OnRamp will also connect entrepreneurs with capital providers across the globe when they are ready for the next round of financing.

(L to R) Oversee.net's Corinne Forti with 
company Co-Founders Lawrence Ng and 
Fred Hsu
 accepting a Los Angeles 
Business Journal
Award in 2007.

As a side note, many in the domain business first met Lawrence, who co-founded Oversee.net at the age of 21, during the Domainfest conferences that were staged for many years  by Oversee's DomainSponsor domain monetization unit (a division that was sold to Rook Media in 2014).  Lawrence was always a warm and inviting host at those events.

Domainfest veterans will also remember Corinne Forti, a key team member in staging those events who always made our job easier when it came to conference coverage. Well, Corinne recently rejoined Lawrence at his asset management firm, LNG Management, a company that focuses on global opportunities in commercial real estate, private and public markets and venture capital. We are always happy to see long time innovators and supporters of the domain industry continue to excel in their business careers.

(Posted November 19, 2015)  


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