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LW, you're conscientious, kind and caring, but charity begins at home. Here is a lesson I learned from an emergency responder: your first obligation is to your own safety. If the building is on fire and toxic fumes are spewing out and tons of rubble are falling, then run away. IT IS NOT YOUR EMERGENCY.
Think about it. You can't help others if you yourself need help. Take care of yourself. If that means jumping ships, do it. When you are secure, you can help others. If you are drowning, don't pass up the lifeboat.
Obvious solution: ask your friend if there is a place for your current boss at the new company. If he is so great and the new company is poised for growth, they should jump at the chance of bringing him on board!
