[V__]

Setting up a LLC takes a day or two and about 100 dollars.

You dont even need to sell shares, just a contract which entitles you to a vote or a future share of the company.

[throwaway243]

Sounds boring. Nobody likes to deal with bureaucracy.

[pdabbadabba]

I think this is the real answer. People are just having more fun doing it this way. That's OK. But I worry they're getting scammed as a result, and that's not going to convince anyone else to use a DAO for anything important.