Comment by lottin

How was this different from any other fund raiser? Some guys set up an LLC, raised funds and attempted to do something with the funds. They call it a DAO, but there's nothing 'decentralised' or 'autonomous' about it. It was a CO —centralised organisation— that managed the funds and placed the bid. And this is how it has to be if you intend to interact with anything else other than imaginary tokens on a blockchain, you need to be a legal person, which is antithetical to the idea of a DAO.