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What Changes After Your Exit (Nothing?)
An interview with Ronan Berder, exited-Founder & CEO at Wiredcraft. šŖ
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Honestly, the 41-year-old LeBron James, in year 23 of his career, is just filling me with so much joy right now. In this previous game, he and his sonāyes, thatās right, LeBron James Jr.āscored 10 straight points for the Lakers, including an insane father-to-son, alley-oop pass. What world are we living in right now? Itās literally bonkers.
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INTERVIEW šļø
Ronan Berder, Exited Founder & CEO at Wiredcraft
Ronan Berder is the founder and longtime chief executive of Wiredcraft, a Shanghai-born digital product consultancy known for building large-scale apps and WeChat experiences for global brands like Nike, Dior, Burberry, Hilton, and more. He grew the team to well over 100 specialists across design, data, and engineering, positioning Wiredcraft as a go-to partner for Western brands competing in Chinaās fast-moving digital ecosystem.
In 2022, Ronan led the sale of Wiredcraft to Publicis Groupe and later stepped away from day-to-day operations. Since the exit, heās been writing, contributing to open source, and advising founders while splitting time between Singapore and the U.S., as well as working on his new project /dev/push.
Give us the quick Wiredcraft elevator pitch?
Wiredcraft was a consulting firm doing two main things: digital transformation and digital products. Concretely, we worked mostly with Fortune 500sāprimarily in China, with some work in Japan, Australia, and the U.S.āon consumer-facing digital touchpoints.
Exit type | Acquisition |
|---|---|
Year | 2022 |
Age of the company | Seven years old |
Ownership at exit | 75-100% |
Personal outcome | $25-75M |
We covered everything from strategy and design down to infrastructure, scaling, and security. We worked with leadership teams on how to enter and grow the Chinese market digitally and make it successful from a business standpoint. Clients included LVMH, Adidas, Nike, Burberry, Dior, GM, and Hilton, among others. We got serious about consulting around 2015 and grew from eight people to over 100 by the time we sold. At peak, we were roughly 160.
What pushed you toward selling the company?
I've always hated consulting. I'm a product guy at heart; I like building, launching, and growing digital products. When we focused on consulting in 2015, I was clear that it had a shelf life for me.
For a long time, I assumed I'd step down and let the company grow without me. But as we got more third-party interest, I realized selling might be the right path. |
We had a deal on the table in early 2020 that died because of COVID. We went back to market after strong growthā20%+ top-line in 2020 and ~70% in 2021āwhich led to the sale.
Who acquired you, and how did the process unfold?
We sold to Publicis, one of the largest agency holdings in the world. They own brands like Sapient, Digitas, and Saatchi & Saatchi. We were initially approached by about half a dozen firms, plus a few strategics. We hired SI Partners as our M&A advisor to run the process. We probably had ~12 interested, narrowed to 8, then 6, then 4. In the end, we had two serious offers and multiple LOIs.
We optimized for a mix of partner take-home, brand fit for staff, and how our team would be treated post-deal. Deal structures varied, so it was a balancing act: more upfront vs. more earn-out, retention targets vs. financial targets. Another bidder was a well-known consultancy that wouldāve looked great on rĆ©sumĆ©s, but Publicis had the more attractive terms overall.
How did you think about valuation and negotiation?
Iām not particularly sophisticated in finance. My approach was to anchor to the highest credible price and let advisors help parse the terms. The process was stressful: periods of intense decision-making, then long due diligence with constant small issues. We focused on the totality of terms: what partners take home, the brand impact, treatment of the team, and the structure of upfront vs. tail.
Whatās one thing you think you over-optimized for? | Cash reserves. I should have acquired other smaller businesses with that cash (thereby increasing my profit and achieving a better ROI). |
|---|---|
Whatās one thing you think you under-optimized for? | Integration. Large companies are filled with executives. They're not leaders. They need a lot of nudging to get stuff done. I should have pushed much harder to get the business integrated. |
What did the first 24 hours after closing feel like?
Honestly, nothing. Mostly relief. I was in my bedroom on a cheap IKEA folding chair with my laptop on a stack of books because we had no furniture. We got on the call, confirmed signatures, and it was done in minutes.
Leading up to it, I had a knot in my stomach for weeks. Shanghai was going through brutal lockdowns, and after our 2020 deal died because of COVID, I worried it might happen again. Once it closed, it was back to work immediately. There was an earn-out and targets. It was pretty anti-climactic.


Did your mindset towards wealth change? How do you manage your money now?
Not really. The biggest shift was simply feeling that my family is safe, no matter what happens; that was always the goal. Iāve always been very frugal. I donāt chase attention, I donāt care about fancy things, and the most expensive thing I buy is a laptop. Iād pick a barbecue with my wife over a fancy restaurant or meeting some actor any day. Before the deal, Iād never even owned a credit card, taken a loan, or bought stocks. I lived off my debit card, so there was a learning curve just to understand how to manage money after the exit.
Others close to me benefited as well. I had a few minority partners, and they did really well. They donāt need to take jobs unless they want to. They can rest for a few years, and some may not need to work again. At first, the money sat in an HSBC account earning no interest for two or three months; that was dumb in absolute terms, but I had no idea where to put large amounts. We took time to get intros to private banks, choose who to work with, and set everything up.
Thereās pressure to use them as your wealth manager, and others also pitch you. I was skeptical. Itās hard to delegate what you donāt understand. I didnāt understand the products or mechanisms, and I donāt think banks always have your best interests at heart. So now I mostly manage it myself. About 40% is in equities and ~60% in fixed income. Iām still learning and may eventually bring in help, but only once I deeply understand the risks and products.
How is the portfolio allocated today, and what do you expect from private credit?
High level: 40% equities, 60% fixed income. Within equities, itās fairly concentrated in a few names, heavy on tech. Thereās one ETF in the mix. We may add broader ETFs as we move toward a 60/40 equity/fixed split. Weāre taking calculated risks with names like Tesla and Nvidia, aiming for strong performance over 3ā5 years.
Would you do it again? | Yes, but differently |
|---|---|
Happiness scale pre-exit (1-5) | 2 |
Happiness scale post-exit (1-5) | 4 |
What size exit would feel enough? | $300M |
Would you trade the money for the time back? | No |
Fixed income is a blend: some cash in deposits (rates are still okay), some bonds and products like PIMCO, and a third going into private credit with firms like Apollo and others. So roughly a third cash, a bit more than a third bonds/PIMCO-style products, and a third private credit. Depending on the vehicle, roughly 8ā12%. In my view, itās lower risk than equities and historically on par withāor better thanāthe S&P 500. Itās more āfixed income-like,ā with coupon payments on a quarterly or monthly basis and much less volatility.
How has your personal spending changed post-exit?
It hasnāt. My two luxuries pre-exit remain: business class for flights longer than eight hours, and not worrying about the price of food. I cook most meals and eat high-protein, so I buy what I want there.
Everything else is simple. Clothes from Uniqlo once a year because I hate shopping. $10 haircuts every few months. I donāt like fancy restaurants or hotels and donāt really enjoy holidays. To get over burnout, Iāve been writing open source; thatās my hobby. |
Whatās your household burn, and does it touch principal?
Roughly $30k a month, mostly family and kids. Almost a third goes to the apartmentāreal estate in Singapore is expensive. The rest is schools, Chinese and French lessons, and general comfort for the kids.
Weāre comfortably inside what interest and income can cover. I could 5Ć that burn and still be within a reasonable formula, but itās unlikely to change much. If anything, maybe a larger home and a better view. Car-wise, if ever, probably a Tesla for safety and autonomy. |
How do you get the best out of yourself?
I donāt think Iām exceptionally bright or sophisticated. A lot of success was timing and sheer consistency, putting in the work and creating your own luck. I donāt give much advice because context rarely transfers. Most people need to get burned to adopt lessons anyway. What I can say: hard work isnāt sufficient, but itās mandatory. People underestimate what that really means: years of high stakes, fear of failing, and grinding. For years, I was broke; only in the last three years did it look like it would work.
Discipline is my edge. I donāt drink alcohol. Paleo/carnivore diet; no pasta, bread, sugar, or processed food. No coffee or tea. I work out five times a week, even if Iām sick. Reasonable sleep. Itās boring and vanilla, but consistency wins over occasional brilliance. Iāve seen incredibly talented people fall behind because they werenāt consistent. The steady ones compound from consistently good to very good to great. Do that long enough, and timing eventually tilts in your favor.
Extra reading / learning
15 Years Doing What I Hated⦠8-Figure Exit. Worth It? - July, 2025
If You Aināt AI First, Youāre Last - November, 2025

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