|
|
|
|
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)
|
|
|
|
|
|
|
|
For
all current Lowdown posts - Go
Here
|
We need your help to keep giving
domainers The
Lowdown, so please email [email protected]
with any interesting information you might have. If possible,
include the source of your information so we can check it out (for
example a URL if you read it in a forum or on a site
elsewhere).
|
|
Home
Domain Sales
YTD Sales Charts
Latest
News The Lowdown
Articles
Legal Matters Dear Domey
Letters
to Editor Resources
Classified Ads
Archive
About Us |
|
|