Startup Founder Calls Burn Rate “Temporary,” Investors Nod Gravely

Executives at early-stage startup BrightField Labs reassured investors this week that the company’s rapidly accelerating burn rate is “temporary,” a characterization that was met with quiet nods and measured expressions of concern during a closed-door funding update. The meeting, held virtually, was intended to provide stakeholders with clarity following a quarter marked by increased spending, […]