1. reading the source code, I'm not convinced that it is entirely safe from various soft attacks large shareholders can take to influence the agenda of the fund. (This is hard to predict though... I don't see any full-on bugs, it's more an issue of shortcuts taken in the code for efficiency reasons that may or may not cause problems)

2. Many people are locking all their eth holdings at the same time in this fund- This will prevent them from acting on eth price fluctuations that I might possibly wish to exploit- I want to leave my options open.

3. The idea of creating a company that makes executive decisions by direct democracy is untested and may simply be nonviable.

4. There's some hairy legal issues that could cause liability for shareholders, and I'd rather not have that anxiety in my life.