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RE: The DAO will not be DOA, but that doesn’t make it a good investment
You can link to my post using markdown to add value to your post.
I think your assessment is relatively concise: most of the value can be had by simply holding ETH. All investment returns from The DAO must be measured in terms of ETH. It is like investing in Bitcoin mining equipment. You must earn more Bitcoin from mining than you spent to buy the equipment for it to be profitable.
Assuming the DAO invests in some killer startup that builds on ETH then ETH will likely benefit the most which makes earning returns above and beyond ETH gains very hard.
I could also argue that synergy exist now between the two. The DAO bringing more awareness, and at least the potential of investing directly into technologies benefiting , unlocking and making Etheruem more successful. It's also could be argued that anyone new looking to get into Eth can see this a some tangible proof of safety, logeviety in a sense.
"The primary value of Ethereum is synergy." - Vitalik Buterin
Just tell me what I need to say for a McLaren. ;)
Thanks for the response, you sum it up well. Again, I really enjoyed your post yesterday.