Was '98 a kickass year or what?  We here at iTulip.com can't believe it.  I mean, nine months ago me and my buds are drinking beers at Watch City and we get this idea to start an Internet company.  So we start iTulip.com, get an article in the Boston Globe, and next thing we know all these guys come crawling out of the woodwork trying to give us money.  Two months later we quit our jobs and we're up and running.  So you're probably wondering what it is we're up to now and what's in store for 1999.   Ok, but first a recap of 1998. 

We have to admit, the last couple of ideas we tried didn't work out so well.  We're bummed that PetsOnline didn't make it but we learned a lot from our mistakes, like don't ship live animals UPS Blue.  Duh!  The eVegetables idea had its problems, too.  Guess the world's not ready for it yet.  Now we know!  But we still had a domain name and space in my neighbor's basement and a couple of used PCs, and we kept slugging away. 

Finally we figured it out.  After one of his famous three week drinking binges, my partner Joe had an epiphany.  Forget building a product or service company that never turns a profit.  Just set up a site and sell bogus iTulip.com "stock certificates" directly as a gimmick.   Now we're starting to get some press again, even after our CEO's unfortunate outburst at the press conference in November.  His girlfriend was stressing him out about getting married so he was really edgy. 

This year we figure we'll turn a profit by the end of Q1 and maybe some big company will buy us out and we'll all get rich.  That's the iTulip.com mission!  Happy New Year! 

Sincerely, 

Arnold Greenspatz 

The Pres. 
iTulip.com