There is definitely place for VC money, but only if market is untapped and late entry to market will cost billions of dollars(Facebook, Uber or that company who will create first self-driving car fleet etc).
I think it is worse, self-driving cars change two-way market to one-way market and removes Lyfts biggest competitive advantage. It is like investing Kodak at 2007 because camera phones are next big thing.
Here Finland we have couple very large Co-ops eg https://en.wikipedia.org/wiki/S_Group and there is not really any difference between large corporation and large Co-ops at daily life.
But google search has gotten lot worse to find reputable information. Eg try find that is sugar bad for you. I at least get tons of sensational click bait articles instead actual reputable information.