Marc Palet is an Associate leading APAC investments for OMVC, a global early-stage venture fund focusing on fintech, AI, and climate-tech.ย
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๐๐ผ How would you explain your job to someone outside tech?
My job is to find founders who have recently launched a tech start-up. I get to know them, understand the problems they're tackling, and figure out whether we should invest in them.ย
If we invest, I work closely with them and support in different ways as they grow the business.
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๐ง What's something about you or your job that would surprise us?
As a global fund, weโre present in Singapore, San Francisco, New York, and Honolulu.ย
Iโm the one holding down the fort in Asia, so I work solo and pretty far from the rest of the team.
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๐ What has been the biggest highlight of your career so far?
Leaving the Spanish venture scene during COVID and moved to Asia to build my career here.ย
It was a big shift, but probably the best decision I've ever made.ย
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๐ What's a startup trend or space you're watching this year?โ
Stablecoins. I believe they have the power to improve cross-border payments in emerging markets (such as SEA).ย
Over the last six months, we've seen strong tailwinds that have led to the current momentum, but thereโs still a long road ahead for broader adoption.
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๐ผ What advice would you give someone starting out in your industry?ย
Start building relationships early; they compound like interest. And always try to form your own views - don't chase consensus.ย
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๐ฃ What's one thing you can keep talking about for hours?ย
I had to start my own newsletter to stop bothering my friends with constant geopolitics talk... so I'll have to go with that.ย
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๐ฅ What's your favorite movie/TV show?ย
Prison Break.ย
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๐จ What's your go-to ice cream flavor?โ
Pistachio.ย
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FYI. We've edited this interview for clarity.
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