VIVOS Pte. Ltd., Singapore’s leading VIVOS Corporate Advisory, recently hosted a legal roundtable in Singapore, focusing on resolving internal business conflicts and strengthening governance structures for founders, investors, and family-owned enterprises. The session brought together legal leaders from Wong Partnership LLP, Asia Practice, Icon Law, and VIVOS.
Startups often fail not due to poor product-market fit, but because of internal breakdowns. Harvard Business Review data reveals nearly 65% of startup failures are due to conflict among co-founders or board members—not market conditions.
Ivan McAdam-O’Connell, Co-founder of VIVOS said: “The whole idea of governance is about creating a framework to ensure that you’re not relying on personalities, That you’re not relying on people being best friends for the next ten years.”
“Legal counsel isn’t a panic button—it’s a growth partner,” he added. “Good lawyers don’t just prevent damage; they help you build structures that grow with your business and protect its foundation.”
This VIVOS roundtable addressed these challenges head-on, aiming to equip business leaders with frameworks that defuse conflict and preserve alignment as companies scale.
Ray Tay, Co-founder of VIVOS said: “We always ask founders: What happens if this relationship breaks down? If the friendship fades? If you’re deadlocked on a critical decision? If you haven’t planned for those moments, you’re not protecting your business—or each other.”
Early legal conversations aren’t pessimistic; they’re protective. Clear shareholder agreements, well-defined succession plans, and proper governance structures are not merely legal formalities; they are essential business practices.
This event is part of VIVOS’ ongoing effort to equip Singapore’s startup and investor ecosystem with real-world, legally sound strategies, not just at the signing table, but when relationships are put to the test.
The proper structure is your best defense against the wrong outcomes.
2 January, 2025
2 January, 2025
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