Why Your AI Consultant Hopes You Never Graduate
A $7.7 billion deal just put the AI-consulting business model on trial. In September, Sequence Holdings and Michael Dell's family office agreed to take Baldwin, an insurance broker, private for $7.7 billion — the largest AI-driven take-private to date. Sequence's business is buying companies and installing its own engineers inside them, permanently. The CEO, Michael Lee, explained the diagnosis on the No Priors podcast (Sep 24, 2026): "Consultants are paid to stay, and software is sold to the workflow as it exists today." That sentence is about a bank he bought. But it's also the sharpest ques
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