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<channel>
	<title>TechAddress</title>
	<link>http://www.techaddress.com</link>
	<description>Providing the Latest User-Generated and Aggregate Technology News</description>
	<pubDate>Fri, 28 Nov 2008 12:22:22 +0000</pubDate>
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			<item>
		<title>Jaxtr CEO Is Out</title>
		<link>http://www.techaddress.com/2008/10/31/jaxtr-ceo-is-out/</link>
		<comments>http://www.techaddress.com/2008/10/31/jaxtr-ceo-is-out/#comments</comments>
		<pubDate>Fri, 31 Oct 2008 20:30:07 +0000</pubDate>
		<dc:creator></dc:creator>
		
		<category>deadpool</category>

		<category>Company &#38; Product Profiles</category>

		<category>Jaxtr</category>

		<guid isPermaLink="false">http://www.techaddress.com/2008/10/31/jaxtr-ceo-is-out/</guid>
		<description><![CDATA[Source:TechCrunch  
Two weeks after laying off 30 percent of his employees, Jaxtr CEO Konstantin Guericke finds himself out of a job.  He is being replaced by vice president of engineering Bahman Koohestani (former CTO at Cyworld and Orbitz), who will be acting as &#8220;interim&#8221; CEO.
Jaxtr offers VoIP calls to both your regular and [...]]]></description>
					<content:encoded><![CDATA[<p>Source:<a href="http://feedproxy.google.com/~r/Techcrunch/~3/0PAOYIakPpE/">TechCrunch</a>  <br /><img></p>
<p>Two weeks after <a href="http://www.techcrunch.com/2008/10/17/13-employees-laid-off-at-voip-startup-jaxtr/">laying off 30 percent</a> of his employees, Jaxtr CEO Konstantin Guericke finds himself out of a job.  He is being replaced by vice president of engineering Bahman Koohestani (former CTO at Cyworld and Orbitz), who will be acting as &#8220;interim&#8221; CEO.</p>
<p><a href="http://www.jaxtr.com/">Jaxtr</a> offers VoIP calls to both your regular and mobile phone.  Its last round was a <a href="http://www.techcrunch.com/2008/06/23/jaxtr-finally-enables-out-of-network-calling-raises-10-million/">$10 million Series B</a> in June.   Investors include Lehman Brothers Venture Capital (yup, they are still around), August Capital, Mangrove, Mayfield, DFJ, and angels Ron Conway and Reid Hoffman.  (Guericke was part of the founding team at LinkedIn).  </p>
<p>The company is obviously going through a rough time, but Koohestani still spins it as a &#8220;very healthy&#8221; business.  He offers the following partial stats:
</p>
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		<item>
		<title>13 Employees Laid Off At VoIP Startup Jaxtr</title>
		<link>http://www.techaddress.com/2008/10/17/13-employees-laid-off-at-voip-startup-jaxtr/</link>
		<comments>http://www.techaddress.com/2008/10/17/13-employees-laid-off-at-voip-startup-jaxtr/#comments</comments>
		<pubDate>Fri, 17 Oct 2008 22:30:17 +0000</pubDate>
		<dc:creator></dc:creator>
		
		<category>deadpool</category>

		<category>Company &#38; Product Profiles</category>

		<category>Jaxtr</category>

		<category>Layoffs</category>

		<guid isPermaLink="false">http://www.techaddress.com/2008/10/17/13-employees-laid-off-at-voip-startup-jaxtr/</guid>
		<description><![CDATA[Source:TechCrunch  
This enormous and allegedly unsolicited blog entry by an &#8220;ordinary Joe developer&#8221; (is he related to the plumber?) details some of the under-the-hood stuff that&#8217;s going on with Windows 7 development. Although Ballmer has described 7 as being &#8220;Windows Vista with clean-up in user interface [and] improvements in performance,&#8221; this guy seems to [...]]]></description>
					<content:encoded><![CDATA[<p>Source:<a href="http://feedproxy.google.com/~r/Techcrunch/~3/Kxgq19vIHLc/">TechCrunch</a>  <br /><img src="http://www.crunchgear.com/wp-content/uploads/2008/10/7.png"><br />
This enormous and allegedly unsolicited blog entry by an &#8220;ordinary Joe developer&#8221; (is he related to the plumber?) details some of the under-the-hood stuff that&#8217;s going on with Windows 7 development. Although Ballmer has <a href="http://www.pcworld.com/article/152406/windows7.html?tk=rss_news">described</a> 7 as being &#8220;Windows Vista with clean-up in user interface [and] improvements in performance,&#8221; this guy seems to think it&#8217;s a little more than that. I nursed my hope that 7 would be a completely different experience for a while, but now it seems less and less likely by the day.Source:<a href="http://feedproxy.google.com/~r/Techcrunch/~3/6qnxRyZ1zXE/">TechCrunch</a>  <br /><a href="http://www.jaxtr.com"><img src="http://www.crunchbase.com/assets/images/resized/0000/3724/3724v1-max-250x250.jpg"></a></p>
<p><a href="http://www.jaxtr.com">Jaxtr</a>, a startup that offers VoIP serivce as well as a social network, has laid off 13 of its employees in light of the current economic climate.  As of June 2008 the company had 35 employees (we&#8217;ve asked the company for the current count).</p>
<p>CEO Konstantin Guericke says that the company is well positioned to weather the economic downturn, as it has not yet spent any of the $10 million Series B round it <a href="http://www.techcrunch.com/2008/06/23/jaxtr-finally-enables-out-of-network-calling-raises-10-million/">raised</a> in June.  He says that along with the company&#8217;s revenue streams and growth, the cash will be enough to sustain the for at least 18 months, and that it will continue to hire for essential positions like web developers and system administrators.</p>
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		<item>
		<title>What Will Happen to Lehman’s Startup Orphans?</title>
		<link>http://www.techaddress.com/2008/10/02/what-will-happen-to-lehman%e2%80%99s-startup-orphans/</link>
		<comments>http://www.techaddress.com/2008/10/02/what-will-happen-to-lehman%e2%80%99s-startup-orphans/#comments</comments>
		<pubDate>Thu, 02 Oct 2008 20:30:04 +0000</pubDate>
		<dc:creator></dc:creator>
		
		<category>Web 2.0 News &#38; Ideas</category>

		<category>Jaxtr</category>

		<category>kayak</category>

		<category>lehman brothers</category>

		<category>searchme</category>

		<guid isPermaLink="false">http://www.techaddress.com/2008/10/02/what-will-happen-to-lehman%e2%80%99s-startup-orphans/</guid>
		<description><![CDATA[Source:TechCrunch  
As Lehman Brothers sells off its assets following its bankruptcy, there is still a big question as to what will happen to its venture arm and, more importantly, how any change in ownership will affect the companies in which Lehman Brothers Venture Partners holds a stake.  Like many investment banks, Lehman got [...]]]></description>
					<content:encoded><![CDATA[<p>Source:<a href="http://feedproxy.google.com/~r/Techcrunch/~3/mLiZDScXGSU/">TechCrunch</a>  <br /><img></p>
<p>As Lehman Brothers sells off its assets following its bankruptcy, there is still a big question as to what will happen to its venture arm and, more importantly, how any change in ownership will affect the companies in which <a href="http://www.lehman.com/im/pe/vc_portfolio.htm">Lehman Brothers Venture Partners</a> holds a stake.  Like many investment banks, Lehman got into venture investing in the mid-1990s to try to capture some of those venture returns. The investment management group that it was a part of was sold off to Bain Capital and Hellman &#38; Friedman on Monday, but the venture arm was not part of that sale. Instead, Lehman Brothers Venture Partners is trying to <a href="http://bits.blogs.nytimes.com/2008/09/30/lehman-to-spin-off-venture-capital-arm/">spin itself off as a separate venture firm</a> with about $800 million in assets.</p>
<p>But if it cannot do that, it will either go to hungry creditors or a financial buyer who may be more interested in liquidating the fund than in nurturing the startups in its portfolio.  Those startups include Kayak, SearchMe, Jaxtr, Endeca, and about 80 more (A partial list from <a href="http://www.crunchbase.com/financial-organization/lehman-brothers">CrunchBase</a> is below. Other than comScore, most are still private)..  They could wake up tomorrow and find that they have a new shareholder who is even more impatient for a quick exit than its existing ones.  It&#8217;s like being an orphan and wondering who your next foster parents will be.
</p>
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		<title>Jaxtr Eyes Profitability with New Premium Memberships for Web-Based VoIP Calls</title>
		<link>http://www.techaddress.com/2008/09/29/jaxtr-eyes-profitability-with-new-premium-memberships-for-web-based-voip-calls/</link>
		<comments>http://www.techaddress.com/2008/09/29/jaxtr-eyes-profitability-with-new-premium-memberships-for-web-based-voip-calls/#comments</comments>
		<pubDate>Tue, 30 Sep 2008 04:34:13 +0000</pubDate>
		<dc:creator></dc:creator>
		
		<category>News</category>

		<category>LinkedIn</category>

		<category>voip</category>

		<category>jajah</category>

		<category>Jangl</category>

		<category>Jaxtr</category>

		<guid isPermaLink="false">http://www.techaddress.com/2008/09/29/jaxtr-eyes-profitability-with-new-premium-memberships-for-web-based-voip-calls/</guid>
		<description><![CDATA[Source:Mashable!  
Jaxtr is unveiling premium memberships this evening, making it easier for users of the web-based VoIP service to make long distance and international calls.  The service – which includes widgets that users can put on their social networking profiles to enable friends to call them – previously employed a credits system, requiring [...]]]></description>
					<content:encoded><![CDATA[<p>Source:<a href="http://feedproxy.google.com/~r/Mashable/~3/DHTO7RrMDD8/">Mashable!</a>  
<p><a href="http://www.jaxtr.com">Jaxtr</a> is unveiling premium memberships this evening, making it easier for users of the web-based VoIP service to make long distance and international calls.  The service – which includes widgets that users can put on their social networking profiles to enable friends to call them – previously employed a credits system, requiring users to reload their account each time it emptied.  </p>
<p>While the credit system isn’t disappearing, the new premium memberships will offer most users a better value according to CEO Konstantin Guericke.  In an interview last week, Guericke noted that “in exchange for users committing to us, they will get rates that are 20-30% lower than buying calling credits a la carte.”  </p>
<p>For example, the lowest level Jaxtr plan, priced at $2.95/mo, gets you 350 minutes of calls per month, while when buying a la carte, 400 credits will cost you $5.00.  Jaxtr is also introducing two other membership levels – $7.95 for up to 1,000 mins/mo and $19.95 for up to 2,500 mins/mo.  </p>
<p>In turn, Jaxtr gets more predictable subscriber revenue, which it projects will make the company profitable in the second half of 2009.  Jaxtr currently claims more than 10 million members, and also generates revenue through advertising via its Café Jaxtr social networking product.  </p>
<p>Overall, Jaxtr is emerging as one of the better positioned companies in the social networking space amidst the current economic slowdown.  The hybrid business model of subscriptions and ads is akin to that of LinkedIn – where Guericke was a co-founder – and provides Jaxtr with flexibility should advertising revenue slow down significantly.  Meanwhile, the service saves customers money through its <a href="http://mashable.com/2008/06/23/jaxtr-international-calling/">low cost international calling</a> – something more and more businesses will be looking to do as budgets get trimmed.  </p>
<p>On the other hand, web-based VoIP hasn’t been a slam dunk for everybody.  Earlier this year, we witnessed the <a href="http://mashable.com/2008/05/07/jangl-jajah/">implosion of one of Jaxtr’s biggest competitors – Jangl</a> – the team of which has since been absorbed into Jajah.  Nonetheless, Jaxtr appears to be executing well, and adding premium memberships is a logical step in the often elusive march towards profitability in the social networking space.  </p>
<p>&#8212;Related Articles at Mashable | All That&#8217;s New on the Web:<a href="http://mashable.com/2007/07/22/jaxtr-500k/">Jaxtr Reaches 500k, Expands to 18 More Countries</a><a href="http://mashable.com/2007/12/10/jaxtr-growth/">Jaxtr Grows 10x;  5 Million Users in 5 Months</a><a href="http://mashable.com/2008/06/23/jaxtr-international-calling/">Jaxtr Makes International Calls Cheap and Easy; Raises $10M to Go Global</a><a href="http://mashable.com/2007/08/27/jaxtr-funded/">Jaxtr Raises $10M in Series A Round: Reaches 1 Million Users</a><a href="http://mashable.com/2007/12/17/ribbit-launch/">Where Does Ribbit Fit in the Web-Based VoIP Universe?</a><a href="http://mashable.com/2007/09/27/jajah-buttons/">Jajah Introduces Buttons: Widgets for Toll-Free Calling</a><a href="http://mashable.com/2007/08/16/ribbit/">Ribbit to Launch Flex Developer Tools for Voice &amp; Contact Management</a></p>
<p><img src="http://www.mashable.com/images/jaxtr.PNG">
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		</item>
		<item>
		<title>Jaxtr Makes International Calls Cheap and Easy; Raises $10M to Go Global</title>
		<link>http://www.techaddress.com/2008/06/23/jaxtr-makes-international-calls-cheap-and-easy-raises-10m-to-go-global/</link>
		<comments>http://www.techaddress.com/2008/06/23/jaxtr-makes-international-calls-cheap-and-easy-raises-10m-to-go-global/#comments</comments>
		<pubDate>Tue, 24 Jun 2008 04:42:52 +0000</pubDate>
		<dc:creator></dc:creator>
		
		<category>News</category>

		<category>voip</category>

		<category>jajah</category>

		<category>Jaxtr</category>

		<category>San Francisco</category>

		<guid isPermaLink="false">http://www.techaddress.com/2008/06/23/jaxtr-makes-international-calls-cheap-and-easy-raises-10m-to-go-global/</guid>
		<description><![CDATA[Source:Mashable!  Jaxtr is introducing new features that make both its service and international calling in general much more convenient.  The company, which previously has focused mostly on widgets to let friends call you from your social networking profiles, is now opening up to allow you to call anyone in the world (at least [...]]]></description>
					<content:encoded><![CDATA[<p>Source:<a href="http://mashable.com/2008/06/23/jaxtr-international-calling/">Mashable!</a>  <br />Jaxtr is introducing new features that make both its service and international calling in general much more convenient.  The company, which previously has focused mostly on widgets to let friends call you from your social networking profiles, is now opening up to allow you to call anyone in the world (at least in 220 [&#8230;]<br />
  <img src="http://www.pheedo.com/img.phdo?i=477d2d7952bf4723dd60aaf829087c64"><br />
<img src="http://www.pheedo.com/feeds/tracker.php?i=477d2d7952bf4723dd60aaf829087c64">
</p>
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		<item>
		<title>Jaxtr Finally Enables Out-of-Network Calling, Raises $10 Million</title>
		<link>http://www.techaddress.com/2008/06/23/jaxtr-finally-enables-out-of-network-calling-raises-10-million/</link>
		<comments>http://www.techaddress.com/2008/06/23/jaxtr-finally-enables-out-of-network-calling-raises-10-million/#comments</comments>
		<pubDate>Tue, 24 Jun 2008 04:30:06 +0000</pubDate>
		<dc:creator></dc:creator>
		
		<category>Company &#38; Product Profiles</category>

		<category>Jaxtr</category>

		<guid isPermaLink="false">http://www.techaddress.com/2008/06/23/jaxtr-finally-enables-out-of-network-calling-raises-10-million/</guid>
		<description><![CDATA[Source:TechCrunch  
Jaxtr, the online VoIP social network and service, has launched out-of-network calling that will allow users to call phone lines around the world.  The new service will allow users to call family and friends (even non-members)  from their own phones for a fraction of the costs associated with traditional long distance [...]]]></description>
					<content:encoded><![CDATA[<p>Source:<a href="http://feeds.feedburner.com/~r/Techcrunch/~3/318603853/">TechCrunch</a>  <br />
Jaxtr, the online VoIP social network and service, has launched out-of-network calling that will allow users to call phone lines around the world.  The new service will allow users to call family and friends (even non-members)  from their own phones for a fraction of the costs associated with traditional long distance calling.  [&#8230;]
</p>
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		</item>
		<item>
		<title>Jaxtr Racks Up Over 5 Million Users In Under 5 Months</title>
		<link>http://www.techaddress.com/2007/12/11/jaxtr-racks-up-over-5-million-users-in-under-5-months/</link>
		<comments>http://www.techaddress.com/2007/12/11/jaxtr-racks-up-over-5-million-users-in-under-5-months/#comments</comments>
		<pubDate>Tue, 11 Dec 2007 05:30:04 +0000</pubDate>
		<dc:creator></dc:creator>
		
		<category>Company &#38; Product Profiles</category>

		<category>jajah</category>

		<category>Jangl</category>

		<category>Jaxtr</category>

		<guid isPermaLink="false">http://www.techaddress.com/2007/12/11/jaxtr-racks-up-over-5-million-users-in-under-5-months/</guid>
		<description><![CDATA[Source:Techcrunch  Tired of not making a dime off your human beatbox video on YouTube that&#8217;s been watched five million times?  Well, YouTube wants to give you some of that crazy Google money. If you make the cut, that is.  After half a year of testing out its Partners program with 100 lucky [...]]]></description>
					<content:encoded><![CDATA[<p>Source:<a href="http://www.techcrunch.com/2007/12/10/youtube-shares-the-wealth-with-everyone-apply-now/">Techcrunch</a>  <br />Tired of not making a dime off your human beatbox video on YouTube that&#8217;s been watched five million times?  Well, YouTube wants to give you some of that crazy Google money. If you make the cut, that is.  After half a year of testing out its Partners program with 100 lucky YouTube contributors, [&#8230;]Source:<a href="http://www.techcrunch.com/2007/12/10/jaxtr-racks-up-over-5-million-users-in-under-5-months/">Techcrunch</a>  <br />Social communications startup Jaxtr has been experiencing some pretty amazing growth. They&#8217;ve attracted over 5 million users in under 5 months (140 days). It&#8217;s a ten fold increase in users since they reported 500,000 users in July. Jaxtr attributes a lot of the growth to the utility of the product and virality of calling links [&#8230;]
</p>
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		</item>
		<item>
		<title>TringMe: Phone Free Click To Call</title>
		<link>http://www.techaddress.com/2007/10/02/tringme-phone-free-click-to-call/</link>
		<comments>http://www.techaddress.com/2007/10/02/tringme-phone-free-click-to-call/#comments</comments>
		<pubDate>Wed, 03 Oct 2007 00:30:08 +0000</pubDate>
		<dc:creator></dc:creator>
		
		<category>grandcentral</category>

		<category>Company &#38; Product Profiles</category>

		<category>jajah</category>

		<category>Jangl</category>

		<category>Jaxtr</category>

		<category>tringme</category>

		<guid isPermaLink="false">http://www.techaddress.com/2007/10/02/tringme-phone-free-click-to-call/</guid>
		<description><![CDATA[Source:Techcrunch  Henry Blodget made his name by predicting outlandish price increases for Internet stocks in the late nineties. A lot of people lost a lot of money (or, all their money) by listening to his recommendations. The government charged him with securities fraud in 2003 and he was subsequently banned from the securities industry [...]]]></description>
					<content:encoded><![CDATA[<p>Source:<a href="http://www.techcrunch.com/2007/10/02/google-to-2000share-somebody-muzzle-blodget/">Techcrunch</a>  <br />Henry Blodget made his name by predicting outlandish price increases for Internet stocks in the late nineties. A lot of people lost a lot of money (or, all their money) by listening to his recommendations. The government charged him with securities fraud in 2003 and he was subsequently banned from the securities industry for life.<br />
But [&#8230;]Source:<a href="http://www.techcrunch.com/2007/10/02/tringme-phone-free-click-to-call/">Techcrunch</a>  </p>
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		</item>
		<item>
		<title>Jajah Now Does Click To Call For Anyone</title>
		<link>http://www.techaddress.com/2007/09/27/jajah-now-does-click-to-call-for-anyone/</link>
		<comments>http://www.techaddress.com/2007/09/27/jajah-now-does-click-to-call-for-anyone/#comments</comments>
		<pubDate>Fri, 28 Sep 2007 02:30:06 +0000</pubDate>
		<dc:creator></dc:creator>
		
		<category>Company &#38; Product Profiles</category>

		<category>jajah</category>

		<category>Jangl</category>

		<category>Jaxtr</category>

		<guid isPermaLink="false">http://www.techaddress.com/2007/09/27/jajah-now-does-click-to-call-for-anyone/</guid>
		<description><![CDATA[Source:Techcrunch  The Podcast Network (TPN) has announced the signing of English actor, writer and comedian John Cleese for an exclusive video podcast series titled &#8220;Headcast.&#8221;
Cleese describes the show as  &#8220;a somewhat humorous, somewhat more thoughtful, [a conduit that] gives me a chance to sound off in my old age.&#8221;
A free version will be [...]]]></description>
					<content:encoded><![CDATA[<p>Source:<a href="http://www.techcrunch.com/2007/09/27/the-podcast-network-signs-john-cleese-for-video-podcast/">Techcrunch</a>  <br />The Podcast Network (TPN) has announced the signing of English actor, writer and comedian John Cleese for an exclusive video podcast series titled &#8220;Headcast.&#8221;<br />
Cleese describes the show as  &#8220;a somewhat humorous, somewhat more thoughtful, [a conduit that] gives me a chance to sound off in my old age.&#8221;<br />
A free version will be made available [&#8230;]Source:<a href="http://www.techcrunch.com/2007/09/27/jajah-now-does-click-to-call-for-anyone/">Techcrunch</a>  <br />Jajah will be officially announcing their click-to-call buttons on Monday. The buttons, which let people call the owner for free and anonymously, have been quietly in private beta over the past year. They are also taking on international calling card services and Jaxtr and Jangl, who already have click-to-call offerings on social networks and dating [&#8230;]
</p>
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		<title>Snapvine Raises $10 Million</title>
		<link>http://www.techaddress.com/2007/09/21/snapvine-raises-10-million/</link>
		<comments>http://www.techaddress.com/2007/09/21/snapvine-raises-10-million/#comments</comments>
		<pubDate>Fri, 21 Sep 2007 18:30:04 +0000</pubDate>
		<dc:creator></dc:creator>
		
		<category>Company &#38; Product Profiles</category>

		<category>Jangl</category>

		<category>Jaxtr</category>

		<category>SayNow</category>

		<category>Snapvine</category>

		<guid isPermaLink="false">http://www.techaddress.com/2007/09/21/snapvine-raises-10-million/</guid>
		<description><![CDATA[Source:Techcrunch  Online voice messaging service Snapvine has raised a $10 million round led by Bridgescale Partners, a new Silicon Valley firm. This is on top of a $2 million round they raised back in last year from Draper Fisher Jurvetson, First Round Capital, and Russell Siegelman.
Snapvine makes a widget that lets you leave is [...]]]></description>
					<content:encoded><![CDATA[<p>Source:<a href="http://www.techcrunch.com/2007/09/21/snapvine-raises-10-million/">Techcrunch</a>  <br />Online voice messaging service Snapvine has raised a $10 million round led by Bridgescale Partners, a new Silicon Valley firm. This is on top of a $2 million round they raised back in last year from Draper Fisher Jurvetson, First Round Capital, and Russell Siegelman.<br />
Snapvine makes a widget that lets you leave is one of [&#8230;]
</p>
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		<title>Jaxtr Closes $10 Million A; 1 Million Users</title>
		<link>http://www.techaddress.com/2007/08/27/jaxtr-closes-10-million-a-1-million-users/</link>
		<comments>http://www.techaddress.com/2007/08/27/jaxtr-closes-10-million-a-1-million-users/#comments</comments>
		<pubDate>Tue, 28 Aug 2007 04:30:06 +0000</pubDate>
		<dc:creator></dc:creator>
		
		<category>Company &#38; Product Profiles</category>

		<category>Jangl</category>

		<category>Jaxtr</category>

		<guid isPermaLink="false">http://www.techaddress.com/2007/08/27/jaxtr-closes-10-million-a-1-million-users/</guid>
		<description><![CDATA[Source:Techcrunch  Jaxtr has raised a $10 million A round led by August Capital with Mayfield Fund, Draper Richards, Draper Fisher Jurvetson and Luxemburg-based Mangrove Capital participating. They&#8217;ve also doubled their registered user base over last month, totalling 1 million users. They plan on getting to a break even point on the investment and to [...]]]></description>
					<content:encoded><![CDATA[<p>Source:<a href="http://www.techcrunch.com/2007/08/27/jaxtr-closes-10-million-a-1-million-users/">Techcrunch</a>  <br />Jaxtr has raised a $10 million A round led by August Capital with Mayfield Fund, Draper Richards, Draper Fisher Jurvetson and Luxemburg-based Mangrove Capital participating. They&#8217;ve also doubled their registered user base over last month, totalling 1 million users. They plan on getting to a break even point on the investment and to total 20 [&#8230;]
</p>
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