The DAO Hack, Next Steps Please

As a coach of mine said, when a baby deer is born is stands on very wobbly legs. Then, it runs.

This is just the beginning. Practically speaking, The DAO will just have a lot less capital to deploy if it lost ˜28% worth of it’s value to a hack/theft. That’s an expensive lesson. Let's not let that happen again. However, if you compare it to some other investments, it's not so bad. It makes picking the right proposals to fund ever more important for the future value creation of the members.

I look forward to continuing the experiment.