OnRamp Fund is just the latest of Ng’s ventures post Oversee.net.
Lawrence Ng today announced the launch of OnRamp Fund, a new incubator with $10 million to invest in early-stage startups.
Ng co-founded Oversee.net, best known for its DomainSponsor domain parking service. He served as CEO of the company until 2008, and then Chairman of the Board from 2008-2015.
He took his money off the table in Oversee.net when Oak Hill Capital invested $150 million in the company. That move was well-timed.
Ng has signed up a solid list of advisors for the incubator: co-founder and Chairman of LegalZoom Brian Liu, Jamie Lin, founding partner of Taiwan-based AppWorks, Eytan 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.
After exiting Oversee.net, Ng has been busy. He leads asset management firm LNG Management and is CEO of Simply Bridal.