In B2B Exchanges, the authors analyzed the nature of the revolution that was occurring in business-to-business (B2B) transactions in the late 1990s as a result of the acceptance of the internet by corporations. The book made the startling (at that time) claim that "the Internet changes everything in B2B," and that most corporations would have to reinvent themselves to remain competitive in the new economy.
B2B exchanges, which were developing at internet speed, became catalysts for this change and represented a tectonic shift in the way that businesses bought and sold from each other.
The authors explained the development of these new exchanges and why such exchanges were the "Killer Application" in the B2B Internet Revolution.
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About the Author

W. William Woods acts as a professional, independent, non-executive director.
A Canadian and British citizen, William has a wealth of international securities market experience and specific corporate governance expertise. He was a founder, and remains a member, of the Judging Panel for the Canadian Hedge Fund Awards. Licensed by the Cayman Islands Monetary Authority as a “Professional Director,” he serves on the boards of corporations, hedge funds, and the general partners of private equity, private credit, and private lending funds; as a member of advisory committees for limited partnerships; and as an Independent Review Committee chair/member for Canadian investment funds.
He is part of the directorship team at Hawksford Governance Services Cayman Ltd. and is a resident of Grand Cayman.
William has been the acting in-house legal counsel of the Hong Kong Stock Exchange and the CEO of the Bermuda Stock Exchange. He has advised governments and supranational aid agencies on the development of securities laws and financial services in several countries.
Educated in the United Kingdom, where he obtained an LL.B from the University of Manchester, William trained as a solicitor (admitted in England, Wales, and Hong Kong) and has been admitted as a barrister and an attorney in Bermuda. He obtained the Institute of Corporate Directors’ Diploma (ICD.D) in June 2017.
William is co-author, with Arthur Sculley, of B2B Exchanges: The Killer Application in the Business-to-Business Internet Revolution (ISI Publications, 1999). He is currently serving, or has previously served, as a director with several of the hedge funds mentioned in Famous Frauds and Financial Failures or in the website bonus materials, including Arrowhead, Bridgewater, Level Global, and Pharos. William has also acted as an expert witness in legal proceedings arising out of some of the hedge fund failures described here.
