This is the wet dream of all tech bubbles. It was the same in the 90s when people said whoever sells dog food online first will win that market and be the leader in perpetuity. Lyft and Uber will be easy to attack by local companies once they have to stop subsidizing their rides and actually run a real business (aka making profit)
That's an amusing example, because it turns out... pretty much only Amazon will sell dog food online. So it maybe WAS a winner-take-all market, but the winner wasn't that winner...
This is the wet dream of all tech bubbles. It was the same in the 90s when people said whoever sells dog food online first will win that market and be the leader in perpetuity. Lyft and Uber will be easy to attack by local companies once they have to stop subsidizing their rides and actually run a real business (aka making profit)