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Internet Companies?

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Hey, i was just wondering if there are any companies operating over the internet, like do people like us ever band together and make a real game or peice of software over the internet?

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Ussually only for learning projects. Its really hard to develop games over internet. Mostly artwork or modelling is contracted out over the net sometimes.

Believe me , its like those MMORPG posts on game dev, most internet teams never make it to a first realease. ( i don't want to sound discauraging)

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Yes, it happens all the time with indie companies. See "Garage Games" http://www.garagegames.com and their "make games" section (or something similar).

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