In 2000, when the bubble had burst and everyone thought the Internet and technology realm was over Lawrence Ng and college friend, Fred Hsu, started Oversee.com. The company makes today over $200 million in yearly revenue. The company owns approximately 600,000 domain names and monetizes over 2 million more for other domain owners. Some people would spend a lifetime trying to build an empire that was created in just a few years by a man under the age of 30.
Lawrence Ng moved to the United States when he was only three years old. His parents never gave him an allowance and he always had to find creative ways to make money when he needed it. His drive to succeed and his thirst for knowledge led him to New York City’s Pace University while he worked four different jobs. He also interned at Merrill Lynch and Smith Barney which gave him the financial knowledge he uses today.
1998 Ng moved to Los Angeles and he and his friend took a job with Starpath, a company that collapsed during the .com crash. At this job he learned a lot about technology and Internet traffic and he and Fred decided to use their expertise in online advertising.
Without any funding, Ng and Fred started Oversee.com which today is one of the biggest domain and marketing services website today. They have had private equity firms invest millions of dollars in them. They have also been featured in the New York Times and more.