Cheap minutes will never work. I am pretty sure Jaxtr folks know the math. It’s fairly simple if they don’t understand. The cost per minute to run the servers and serve the minute is higher then 1 cent/min + there is a fixed (no matter how small) termination costs. Adding it all up, you got to sell millions of minutes to cover the founder/CEO’s salary let alone a team of staff members (developers, testers, network admins etc etc). Jaxtr was founded on wrong principle and the founders got a kick out of the launch thinking there are so many interested users (much like early days of skype or facebook) and these companies are worth billions so jaxtr must be worth millions at the least. Add that feeling with fat VC investment and you got a pretty good doze MJ here.
This is why wise entrepreneurs don’t start FREE business. The FREE part is left to collage (yet to) grads (Facebook, google, etc etc).

If I am missing something, please enlighten me with a math to suggest how many minutes do you need to sell (at what % profit) to make $1M dollar/year. It might help for me to understand how many simultaneous minutes does a server (Xeon or whatever) serve you and add the cost of running that server (assuming you have run and paid for server costs in your life). Basically, transcoding and playing various prompts is much more intensive then running web-application where a single server can server millions of users (literally) …
Oh! By the way, investors must have bought into the idea of “We have a clever algorithm that can serve 5000 simultaneous calls per $800 server” but that ain’t working with most tech guys like us who have played with this too long to be fooled

My 2 cents..

scratch that. sounds like bitterness.

However when put to the business context as what 800PBX, RC, GotVMail have done, it would see immense potential.

Good luck Jaxtr. You need it all.