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Re-Founding Incumbents for the AI Era with Sequence Holdings Co-Founder and CEO Michael Lee

Michael Lee, co-founder and CEO of Sequence Holdings, details his thesis on transforming large incumbent businesses with AI through a permanent holding company structure. He discusses the $7.7 billion take-private of Baldwin, an insurance brokerage, alongside the Dell Family Office, and explains why traditional consulting or software models fall short for deep enterprise AI transformations. Lee also shares insights from Sequence's work with BankSouth, the technical architecture of their Atlas platform, and their unique approach to integrating frontier engineering to drive long-term compounding and organizational change.

2 min read
Re-Founding Incumbents for the AI Era with Sequence Holdings Co-Founder and CEO Michael Lee
source: https://www.youtube.com/watch?v=TCpRwJBQvW0

Michael Lee, co-founder and CEO of Sequence Holdings, discusses their thesis on transforming incumbent businesses using AI and frontier engineering. Sequence recently completed the largest AI take-private to date, acquiring Baldwin, an insurance brokerage, for $7.7 billion with the Dell Family Office.

The Thesis: AI for Incumbents

Lee views AI as the

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