The concept of a DAO is great. It's just that the devil is in the details, as they say. The Ethereum DAO was deeply flawed on a number of levels, but I wouldn't let that put you off DAOs in general. I too got caught up in that unfortunate experience, I look at it as lessons learned and the industry as a whole is stronger for having gone through that painful experience. The Dash DAO looks interesting although I'm not investing in it - simply too much money is required to get a masternode these days. Digix looks promising, if they ever manage to actually release their governance contracts.
If you want to sink your teeth into something really exciting, you might want to revisit the VIVA project masterminded by @williambanks. The crownholders in that project form a DAO of sorts, and VIVA has been building up a lot of momentum lately with their ICO approaching. The just released whitepaper is worth a read.