Although earlier predicted to make nice profits, dot-coms don’t really make money and they’re all doomed to failure. The phrase profitable Company is a contradiction in terms. But is internet business really that bad? During the short-lived glory day of dot-coms, venture predicted that they would soon take over and make over the business world. But of course big shakeouts in 2000 and 2001 send most of the upstarts packing.