Shows how important family support is when building a company. Not knowing about the VC process, what's the implications for the investor in this - were you not on the hook to deliver? Is the investor not upset that you bailed because your parents ordered you back to school?
While the investor incurs some liability for a situation like this, it's important to build a solid team from day one. A business will soon become bigger than any one person and be able to continue and thrive.
Agreed. A company is not one person, and if it is, something is wrong with the company.