But that's because new companies can't compete with the incredible amount of VC funding Uber (and Lyft) have received. Down here in Austin, after Uber and Lyft

But that's because new companies can't compete with the incredible amount of VC funding Uber (and Lyft) have received. Down here in Austin, after Uber and Lyft left, about a half dozen different competitors popped up in about a month. My favorite, Ride Austin, is a non-profit that takes a significantly smaller cut than Uber or Lyft and donates a ton of money to charity.