Excellent article. I had general issues with the concept of crowd governance, I was not even aware of the voting rules that went along with this "grand experiment". Simply insane. As said before, this system makes it too easy for a single actor, or cabal of actors, to subvert the group will to their own wishes. I have a feeling this DAO thing is going to go south quickly in the future, and the entire would will be watching.
Well that's kind of how actual companies work. A small group of people make the decisions for all the stakeholders even if a minority of stakeholders disagree with the motion. I cant buy 100$ worth of Apple stock and expect to have my opinions influence the direction of the company in any meaningful way. The problem I see here is that actual companies have very qualified individuals calling the shots, whereas the DAO you just have anonymous actors, most of which are lucky ETH IPO investors and probably know close to nothing about running a company.