Services About Me Tools Insights Apply for a Strategy Session
For DTC & consumer brand founders $5–75M

Bigger margins. Bigger exits. Your terms.

Hands-on advisory for consumer brand founders navigating profitability, capital decisions, and exits.

Limited engagements. By inquiry and fit.

Chris Wichert pointing at a Koio ad on the NYC subway

What I believe

Before we talk about services, here's where I start.

"The math comes first."

Before you raise, sell, or walk away, you need to know exactly where you stand. Everything else follows from that.

"Profitable businesses have options."

The brands that get the best deals are the ones that don't need one. I help founders get there.

"You only get one shot at your exit."

Most founders go into buyer conversations underprepared. I've had 200+ of them. I make sure you're ready.

Chris Wichert
Founder & CEO, Koio · Partner, Thunder VC · M&A, J.P. Morgan
10 years as founder & CEO | $20M raised | Turnaround to successful exit

Who this is for

Whether you're fixing the margins or preparing for an exit, this works best when there's a real decision ahead.

This is for you if:

"You're doing $10M+ but can't tell me your contribution margin by channel."

"The playbook that got you here stopped working, and you're not sure what's next."

"Capital or an exit is on your mind, but you're not sure if you're ready."

Not a fit if:

"You need someone to run your books."

"There's no real decision ahead and no urgency."

"You're looking for a magic fix without doing the work."

Services

I work with 3–5 brands at a time. Some need help getting profitable. Some are preparing for a raise or an exit. Others are ready to execute. The format fits the situation.

Start here

Strategy Session

A focused, 60-minute session where we diagnose where your business stands and what's holding back value. You'll walk away knowing your biggest gaps (profitability, exit readiness, or both) and a clear next step. If there's a fit for deeper work, we'll talk about it.

Apply for a Strategy Session
Diagnostic

Financial Health Assessment

A full diagnostic of where your business stands: unit economics, margins by channel, and what's actually driving (or destroying) value. Used by founders who want clarity before making their next move.

  • P&L review and margin analysis by channel
  • Unit economics deep-dive: LTV, CAC, payback, cash flow
  • Identify which investments are paying off (and which aren't)
  • 2-hour strategy session with prioritized action plan
Book a Fit Call
Typical delivery: 1–2 weeks from kickoff.
Ongoing / Interim

Fractional & Interim Leadership

Your operational and financial right hand on the path to stronger margins or a successful exit. I work alongside you on margins, cash flow, cost structure, and the decisions that move your valuation. If you need someone to take the reins during a transition or sale process, I've spent a decade in the operator seat.

  • Fractional COO or CFO: monthly P&L review, cash flow forecasting, margin improvement
  • Interim CEO, CFO, or COO during transitions or sale processes
  • Direct support for the decisions that matter
  • Capital strategy and exit preparation when the time comes
  • Equity or success-based structures available
Learn about Fractional Leadership
Most start with an assessment to determine fit.
Strategic⚡ Via Thunder VC

Capital Strategy Assessment

Understand your full range of options (raise, restructure, debt, exit, or stay the course) and what it takes to execute each one. I help you see your business the way buyers and investors will, before you're in the room with them.

  • Capital options analysis (raise vs. debt vs. exit vs. wait)
  • Financial positioning review (what buyers and investors actually look at)
  • Value optimization roadmap (what moves your multiple or valuation)
  • Timing assessment (when your window opens, when to act)
Book a Fit Call
Best for: founders who want clarity on their best path forward.
Capital / M&A⚡ Via Thunder VC

Capital & Exit Advisory

Strategic guidance and full transaction execution for raising capital (equity or debt) or preparing for exit. I've done it: from first buyer outreach to managing diligence to negotiating terms and closing. You get someone who's lived the process end-to-end.

  • Capital raise or exit strategy and positioning
  • Deck preparation, data room setup, and financial narrative
  • Investor/buyer identification and intro support
  • Managing investor/buyer relationships and process
  • Full transaction execution and deal negotiation
  • Institutional execution support (when needed)
Learn about Exit Advisory
Pricing depends on scope.

When you need institutional firepower

As a Partner at Thunder VC, I bring access to a 6,000+ investor network, dedicated deal teams, and the infrastructure to run full M&A processes and capital raises.

You get founder-to-founder guidance with institutional reach when you need it. Broader buyer outreach, transaction execution, and deal support, without losing the founder-led approach.

⚡ Thunder VC

About Me

I started at J.P. Morgan covering consumer companies. Then I left to build my own.

I spent 10 years building Koio. My co-founder and I started with nothing: no industry connections, no experience making shoes. We knocked on 40+ factory doors in Italy before finding a family business willing to take a chance on us. In the early days, our Brooklyn apartment was the warehouse, the showroom, and the office.

Over the next several years, we built it into a real brand. Retail stores across the U.S., partnerships with Nordstrom and Neiman Marcus, features in GQ and Vogue. We raised $20M and built a team of people we genuinely cared about.

Then the math stopped working. COVID hit, privacy laws changed, online marketing got more expensive, and consumer spending pulled back. The playbook that worked in 2019 didn't add up by 2023. We were losing money with limited runway. We spent the next 18 months in survival mode. Cut marketing, closed stores, shut down the office, let go of people we deeply cared about, and killed products we loved. We renegotiated every vendor contract we had. We came out profitable.

Then came the exit. Three years, 200+ buyer conversations, and a lot of near-misses before we finally closed.

Build, scale, break, fix, exit. The hardest stretch is the middle: when growth stalls, the numbers turn, and you have to figure it out before your options disappear. That's the work I do now.

— Chris Wichert
Chris Wichert

Free tools

I built these for founders at an inflection point. They're a starting point to figure out where you stand and what to do next.

Tool

Decision Diagnostic

14 questions to help you figure out if the right move is to restructure, raise, pivot, or sell. Takes 5 minutes.

Take the Diagnostic →
Tool

Exit Readiness Scorecard

23 questions that show you how buyers would evaluate your business today, and what gaps to close first.

Get the Scorecard →
Calculator

Unit Economics Calculator

Plug in 6 numbers and know your CAC, LTV, and LTV:CAC in 2 minutes. If something's off, you'll see it.

Calculate Now →
Calculator

Valuation Range Calculator

6 inputs, a realistic range. Based on real transaction multiples, not the numbers your investors want to hear.

Get Your Range →
$67

DTC Financial Health Checkup

Excel template that scores your brand's financial health (0–100) across 4 categories and 16 metrics, benchmarked against your specific vertical. Tells you where your business is strong, where it's exposed, and what to fix first.

Get the Checkup →

Common questions

A few things founders usually ask before we start.

How hands-on are you?

Very. I work directly with you on strategy, execution, and the hard calls. In the weeds, every week.

Do you do bookkeeping or accounting?

No. I focus on strategy: profitability, cash flow, unit economics, capital decisions, and exit preparation. I work with your existing accountant, or I can make introductions to the right people for your books.

What's your relationship with Thunder VC?

I'm a Partner at Thunder VC, which gives me access to institutional deal infrastructure when a situation calls for it: buyer outreach, transaction execution, and capital raise support. Commerce Catalyst advisory work is independent; Thunder resources come in for deals.

How quickly can we start?

Usually within days. Assessments take 1–2 weeks depending on data availability. Ongoing work can start right after an assessment if it makes sense.

What if we're outside the $5–75M range?

Below $5M: I may point you to lighter-touch resources. Above $75M: selective, depending on the situation and whether you have existing finance leadership.

Do you take interim executive roles?

Yes. For the right situation, I'll step in as interim CEO, CFO, or COO and run things. Whether it's a founder transition, a sale process that needs leadership continuity, or a business that needs steady hands while you focus elsewhere. I ran Koio for a decade. I know what it takes.

Get the patterns

Field notes from consumer brands: what's breaking, what's working, and what buyers and investors are paying attention to.

Apply for an Assessment

If you're a consumer brand founder doing $5–75M and you're thinking about profitability, exit readiness, or what your business is actually worth, let's talk. If we're not a fit, I'll tell you quickly.