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Old 1st November 2008, 02:51 AM
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Default Jaxtr CEO Is Out

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 "interim" CEO.Jaxtr offers VoIP calls to both your regular and mobile phone. Its last round was a $10 million Series B 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). The company is obviously going through a rough time, but Koohestani still spins it as a "very healthy" business. He offers the following partial stats:

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Old 1st November 2008, 03:44 AM
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Default Re: Jaxtr CEO Is Out

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Originally Posted by CE-InFocus View Post
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 "interim" CEO.Jaxtr offers VoIP calls to both your regular and mobile phone. Its last round was a $10 million Series B 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). The company is obviously going through a rough time, but Koohestani still spins it as a "very healthy" business. He offers the following partial stats:

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