The answer is that the network effects in the rideshare market give a natural advantage to the larger provider. They can offer better availability and shorter pickup times. Which in turn makes them more popular. In an undifferentiated market, the larger provider eventually wins. Lyft has yet to come up with a sustainable competitive advantage. It’s only differentiation is that’s it’s not Uber. Eventually Uber’s scale and deep pockets will drive Lyft out of the business. .. or into the arms of a larger company.