Tom Evslin:

Shortly after I left AT&T to found ITXC with my wife Mary, a reporter asked “What’s the difference between being an officer at AT&T and running your own startup?” This was a hard question because a consulting contract with AT&T was a big part of our seed funding and we then thought AT&T might end up with a substantial equity position in ITXC (didn’t happen but that’s another story).

“Well,” I said tactfully, “yesterday, when I went into the bathroom at ITXC, I could hear that the toilet was running uncontrollably. I shook the handle to see if that would fix it but the handle flapped loosely, clearly not connected to anything inside.”

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