Austin-based The Dachis Group announced this evening that it has acquired international company Headshift, Ltd. Headshift has its headquarters in London, and also has offices in New York, Paris, Sydney, and Zurich. Back in April of 2008, Austin Ventures first announced that it was backing Razorfish founder Jeff Dachis with a $50M capital commitment to build a company focused on enterprise class social software. Since then the company has hired talented analysts and strategists in [...]

If you’ve ever been to the Silicon Valley, or lived there, you know Il Fornaio restaurant in Palo Alto. It’s the spot where all the valley venture guys, startup CEOs, and power brokers went for lunch  back in the 90′s. Come to Il Fornaio in the morning with a backpack full of copies of your pitch, and by the end of the day you’ll have a term sheet (okay, maybe this is a slight exaggeration). [...]