This time and energy would be better spent either doing something about it or discussing it openly with the team/investors. If the situation is as dire as indicated, what the hell are you doing spending time griping dramatically about it on the internet? If people's livelihoods and your startup are on the line, DROP THE BLOG and go be a responsible founder.

If this is, as some have suggested, a PR campaign/stunt (which doesn't seem entirely over the top)... then it's in poor taste, in my opinion.