Yapta is bringing new meaning to the phrase "burn rate."
The Seattle startup, which plans to unveil its online travel service
Tuesday, received unexpected news early Monday morning when its Pioneer
Square headquarters building caught fire.
That might have set back most cash-burning startups, but the
seven-person company is pushing ahead with the introduction of an
online service that helps people track airfares and receive refunds
from airlines if ticket prices drop below the original purchase price.
It becomes one of a few Seattle Internet startups — including Farecast
and TripHub — that are trying to make it easier and cheaper for
consumers to buy airline tickets