Without any judgement over the project and its quality, I would not call it "Self-hosted DO". Because DigitalOcean, basically, is a way to get VMs without self-hosting them!
(co-founder here) Of course your perspective on DigigalOcean is valid but we think of it simply as a good philosophy to deliver a VM to a user in a seamless, straightforward way - that's the part that we want achieve and let users to self-host. Essentially, you could build your own DigitalOcean using VirtKick. Does it make sense for you? Doesn't mean you should rush and start your own business .. you can run it priva…
I honestly value DO for the service of providing VMs, and I don't care to run my private VMs. We also have dedicated servers, which run docker directly.