William (Bill) Scheela is professor emeritus of business administration at Bemidji State University, which is part of the Minnesota State University System in the United States, where he taught International Management, Entrepreneurship and Strategic Management. Professor Scheela’s research focuses on the development of the private equity industry (venture capital and business angel investing) in the emerging economies of Southeast Asia and China. He has published many articles on this topic in both academic and practitioner journals. In 2014 Professor Scheela published a book entitled Venture Capital in Asia: Investing in Emerging Countries. Professor Scheela received his PhD in Strategic Management from the University of Minnesota’s Carlson School of Management. He was also a visiting lecturer at the Chinese University of Hong Kong (1987-88), visiting professor at National Economics University of Vietnam in Hanoi (1998-99; fall semester, 2009) and Asian Institute of Management in Manila Philippines (fall semester 2009) where he developed and taught Introduction to Venture Capital in Asia.