He is a co-founder of Outblaze, a year-old Internet company which attracted US$11 million in investments in the past four months. Seven weeks ago, he started another Internet company - a portal he wants to grow to rival Sina.com in a year. Meet Antony Ip, due to turn 21 in October. He is the son of Peter Yip, chairman and chief executive of China.com. 'Being Peter's son means you get the recognition but then people also become tremendously sceptical of you,' he said. 'You have to do a lot more, work a lot harder to prove yourself. People who don't know or who haven't met Peter give me more of a chance.' Antony dropped out of college at 17 and then worked at China Internet Corp before starting Outblaze last year. 'Now my friends and family tell me that what I'm doing is so cool. A year ago, all I had was grief about finishing school,' he said. Antony, who admits that he has more fun in his business life than his social life, says that the Internet business is what he enjoys doing. 'I'm doing what I'm doing because I'm good at this. And I have more fun doing this than doing the stuff other 20-year-olds do all the time like clubbing or karaoke or going to the movies,' said Antony, who nevertheless admits he is an avid karaoke fan. 'Now it's all about growing the company and implementation and finding a path out of the chaos of doing a startup. That's my skills set,' he said. At 19, Antony founded Outblaze with Austrian-born Chinese Yat Siu. Outblaze's main product, Instant Portal [ www.i-p.com ], allows companies to set up Web sites with customisable, private-label free Web e-mail, mailing lists, message boards and chat services. The story of Outblaze has since been told 100 times - just a year old, it attracted an investment of $4.5 million for a 50 per cent stake from engineering contractor China Rich Holdings in May. This was followed by a $7 million new share subscription for a 20 per cent stake from Pacific Century Group's venture-capital arm CyberWorksVentures two weeks ago. Outblaze's valuation has sky-rocketed in a three-month period, raising a lot of eyebrows. It has a user base of 1.5 million and the latest per user acquisition price was about $23, which puts the company's value at about $55 million. Antony, who holds a small stake in Outblaze but no longer participates in the running of the company, is now on to his second startup. With $1 million in seed money, he and his partner, Howard Chu, a banker with ABN Amro, are scouring the mainland, buying Web sites and Internet technology companies. 'We are buying up page views. We are trying to build the largest China portal in the fastest time possible,' he said. Portals, often the first places Internet users go to when they log on, are expected to be lucrative because they draw so many viewers. So far, Antony has 10 companies in his shopping cart and will buy about as many in the next four weeks. He projects that in 12 months, his portal myrice.com will be as big as Sina.com and Netease. The official launch of the portal is still about a month away as Antony is trying to find ways to increase bandwidth and headcount. 'We are growing so fast we can't cope with the demand. I'm trying to increase bandwidth, find three or four public networks and find co-location centres to support this tremendous growth,' he said. He estimates the seven-week-old site gets about 750,000 page views a day and is growing at 100,000 new users a day. 'We think that in six months, we will possibly hit two million [page views] a day,' he said. Sina.com and Netease get about three million page views a day. While it is too early to judge whether Antony has the Midas touch, the portal has little chance of failing because of the growth in Internet users there.