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VC Spends $120 a Month on AI, Says It Beats an Intern
Marc Palet spends $120 a month on ChatGPT, Claude, and other tools to automate meeting summaries, LP reports, and knowledge management, boosting his output by 50%.
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A Singapore-based venture capitalist has replaced the traditional intern with a $120-a-month stack of AI tools, and he says the trade-off is worth it. Marc Palet, 26, a partner at OMVC, said he spends more than $120 each month on subscriptions to ChatGPT, Claude, n8n, and transcription APIs. The tools handle tasks that would otherwise require a junior hire, from meeting summaries to limited partner reports.
Palet, who has invested in over 12 AI companies, built a custom knowledge base that pulls information from Gmail, Slack, call transcripts, and newsletters. An AI agent organizes the data into portfolio company pages covering fundraising, financials, and commercial updates. The system also generates quarterly LP reports automatically, saving hours of manual work.