Letting the company run dry and not telling anyone until paychecks bounce would have been even worse. It doesn't seem like anyone made a clean getaway from this at all (Perlman himself isn't even taking salary from "OnLive2").
That's noble, but only valuable if you have FU money to start. Otherwise, there will be a little drag in the back of your mind saying "should I be doing this?" at a point when you want the leader in and committed 100%.