VCV Rack 2 Won't Start on Mac

I just installed VCV Rack 2 (v 2.0.4) and tried to open for the first time by launching the .app in Applications Folder. The ‘C’ icon bounces for 30-60 seconds in the icon tray but then crashes. Mac OSX version 11.2.3, MacBook Pro 15 2018, 2.9 ghz i9 32gb. Thanks for any tips!