Uber and Lyft operate in a space where there's a huge barrier to entry capital-wise. This is not the case for 100% Internet based businesses like Facebook. So

Uber and Lyft operate in a space where there's a huge barrier to entry capital-wise. This is not the case for 100% Internet based businesses like Facebook. So they're really completely different models and therefore the competitive landscape can't resemble each other. It's more fair to compare the Uber-Lyft dynamic to rental car businesses like Enterprise-Hertz.