3 weeks ago
Singapore VC Says He Prefers AI Subscriptions Over Interns
A man named Marc Palet lives in Singapore and helps new companies get money to grow.
He is 26 years old.
Marc says he would rather pay for smart computer helpers, called AI, than hire a student worker called an intern.
The AI helpers cost him about $120 every month.
He says an intern needs a whole month of training and then leaves after just three months.
The AI learns to do things exactly the way Marc likes.
It writes notes after meetings, helps make reports, and checks the company's money papers.
The AI also reads his messages and news and keeps his notes fresh by itself.
With the boring work done, Marc has more time to write and find new companies.
He thinks AI plus him is stronger than him plus an intern.
Marc Palet, a 26-year-old Singapore-based venture capitalist at OMVC, says he prefers about Rs 11,419 ($120) a month of AI subscriptions over an intern.
Since starting his VC career, Palet has invested in over 12 AI companies.
His AI stack includes Claude, ChatGPT, n8n and transcription APIs, plus coding tools like Claude Code, Cursor and Replit.
His automation summarises founder meetings recorded through Fireflies, drafts quarterly limited partner reports and assists with audit work.
Palet says AI has freed up time, lifting his LinkedIn output from one article every two months to one every three weeks.
- Who
- Marc Palet, a 26-year-old Singapore-based venture capitalist at OMVC
- What
- Claimed he prefers about Rs 11,419 ($120) a month in AI subscriptions over hiring an intern, using AI for meeting summaries, reports, audits and knowledge management
- Where
- Singapore
- When
- Date not specified in the article; Palet has used ChatGPT since 2023 and made the comments in a Business Insider conversation
- Why
- Because he finds AI more efficient and consistent than training an intern who leaves after about three months, freeing up time for strategic work
Key facts
- Investor
- Marc Palet, 26, venture capitalist
- Firm
- OMVC
- Location
- Singapore
- Monthly AI spend
- Rs 11,419 ($120)
- AI tools used
- Claude, ChatGPT, n8n, transcription APIs, Claude Code, Cursor, Replit
- AI investments
- Over 12 AI companies
- Automated tasks
- Founder meeting summaries, limited partner reports, audit work, knowledge base updates
- Key quote
- "AI plus me is more powerful than me plus an intern"
Quotes
Marc Palet
Founder of OMVC, a Singapore-based venture capital firm
“I realised that AI is much more efficient than training an intern for a month, only for them to stay for three months. AI also does things the way I want them done. I realised that AI plus me is more powerful than me plus an intern.”
NDTV
“If there's a new Slack message, the AI figures out which company it's about and updates the relevant page. And it doesn't just copy and paste new information, it rewrites the page so everything stays coherent.”
NDTV
Sources
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