DAO is the biggets crowdfunding ICO ever done in world history. Ever.
So, maybe you're professional programmer friends are not so professional.....
130 millions usd talk.

Maybe lisk could be considered as dogecoin, and DAO as btc
Maybe lisk is more easy to program, but with many limitation.
DAO is for business and big projects.

It won't make too much sense to dump Lisk to buy DAO. DAO is very expensive now and will become more expensive every day. The marketcap is very high ($162 Mio) and even if it's a very interesting and innovative idea, it's safe to say: There will be problems. Why? There is a conflict of interest in the concept.

Imagine you have a lot of DAO and most DAO-holders also have a lot of ETH. There is a proposal you believe would be a good decision, but you know: If you a majority would vote for it, DAO will invest and that means: sell. DAO will sell ETH or will give ETH to a project to invest in it. That means it will lose Marketcap until there is a return. ETH will most likely also go down because ppl will anticipate sell pressure if a proposal goes through. How many will vote for a longterm-decision that still involves a lot of risk and take the loss in short-term because DAO needs to sell?
 
And why should DAO be worth more on the exchange than the money it has? Because they will make a lot of money?

Let's say they start with $180 Mio and DAO invests in a project, like slock.it or whatever. And let's say DAO invests $10 Mio. How much time will it take to make profit? And will there be profit? And even if, will it be that much profit to justify prices above a current marketcap?

The question in DAO is: Who will definitely benefit? Those who will get money from DAO. That's safe. Nothing else is safe.

Plus: Why should I give my money to an "institution" in which a majority will decide - or those with the biggest voting power? I like it more to make my own research, my own analysis and my own decisions. I don't trust a majority and I don't trust groups with a lot of power. And like I said above: The majority will always have to face a conflict of interest between short-term-loss and possible long-term-profit - which will always involve the risk that there won't be any profit but a loss.

Conclusion: In my opinion DAO is very interesting and will be interesting to watch. There will be much to learn out of it. But out of investor-perspective... I don't understand why so many believe it's a good buy.

DAO is overbought. How much space there is to multiply a 130 millions marketcap in crypto? (Consider that a lot of investors in  crypto already bought it.) The question is, how many will buy it next?

I have seen you around here, always being nothing but negative towards this project.

I too am a bit skeptical about the possibility of even $2 at launch. However, here is a reason why this might turn into reality.

ETH launched with code which barely worked, at all. A platform on which people were afraid to transfer their tokens because it was so unstable. Having said this, the ETH cap sat around $50million for quite some time, with nothing more than a flimsy frame network, whilst Vitalik spent millions and millions of ICO money to build (still minimal) ETH to where it is today. As we all know, ETH now has a cap of $1.1Billion. Crazy seeing as it still doesn't do anything.

LISK, on the other hand, has been developed for the past 2 years in the form of Crypti. It has a working platform for blockchain applications (hopefully) and has had relevant stress testing performed to make sure that it is ready for launch. This is why people think that the price could rise quite a bit from where they bought in, in the ICO.
 
Marketing is going to be the key to LISKs success.

Pinkman
 

He's just concerned.

Just create a DAO for lisk, let Lisk holders invest in it and use it to get apps running, a good app starts with the need of money.
With the DAO we can invest in those apps which will gain value and lisk price will rise.

DAO has nowhere to grow, it will never ROI so high as smaller projects with huge potential. Stick with LISK for longterm, and you may get lifestyle changing returns. 

I can sleep well now 

i find that difficult to imagine. the greatest opportunity for maximum funding will still be the public crypto market and not the 'private' DAO market. not knowing the identities of the major DAO whales is going to be a major issue when projects are proposed. there's going to be just so much opportunity for manipulation and, yes, fraud.