You are a deeply broken person if you think that running is courageous.
Being a boss is not for everyone. My company had $15M in receivables due from Countrywide when it filed for bankruptcy. I had a $8M line of credit that would default and a nearly $2M in payroll, due in 7 days.
My partner and I didn't blog, or cry, or get in a chat room and fire people. We faced the music and talked to every employee personally, visited the ones we could and called the others. The banks lived in our office. We were lucky, and our debt to CW was classified as secured, our employees were on-site contractors and their payroll was paid in full, w/interest from the trustee. 131 days late. My partner and I didn't take a paycheck for a year, I liquidated my savings to keep the lights on in my house. We sold the business 2 years later and my investors got their money back, and a little more. We were lucky, but worked hard for that luck.
When it was tough... we didn't think... "Oh I'll fly somewhere and be a consultant... I'll be fine, I'll bounce back and my new client will pay a pretty price, for my business genius".
I worried that I'd lose my house. That I'd never find another job. I was terrified. But I didn't show that to my family or friends, and especially my employees. Someone had to be in charge and risking everything is the price of that position.
If your attitude is that people should understand the "risks" of investing in a start-up when the founder develops a video game addiction when she should be working. I'm sorry I don't feel sympathy for that. That's not courage, its disgraceful, it's arrogance.
If Erica's response to failure is to run and hide, I'd say she's not cutout to lead. I'd also say she did herself a huge disservice posting it online. I don't think future investors will think handling failure by running off will be a good investment. Additionally, her brave post might leave her open to a shareholder lawsuit, for breach of her fiduciary duty.
I can't imagine anyone hiring this woman for anything after reading this. But the sense of entitlement runs deep in people under 30, so she may find a sucker.