Marissa Mayer Is Dissolving Her Sunshine Startup Lab
Sunshine, the consumer AI Offered upright by former Yahoo CEO Marissa Mayer In 2018 has seen brighter days.
The small starting has shut down and his ability is sold to a new entity recorded by Mayercalled Dazzle, according to an email viewed by baking. Mayer sent the email to Sunshine shareholders on September 17, that Dazzle is officially included and is willing to get to be ready to get the holdings of Sunshine.
The Deal Requires Share Holders Approval, including Sunshine Cofounder Enrique Muores, Norwest Venture Partners, Ron Conway's SV Firl Archetype Agency, and others. As of the Sunday afternoon, 99 percent of shareholders had signed according to resources near the situation. Mayer himself is the company's largest shareholder and investor.
The email did not want to go out on what will be the purpose of Dazzle, but resources tell Wired that mayer is a new kind of AI personal assistant. Sunshine's about 15 employees expect to find the roles new rolls at Dazzle, sit Say.
“After careful consideration of Sunshine, and 99.99% of the shareholders, determined the strongest path,” If the team is used, “Looking the team to wear that momentum in new opportunities for Dazzle.”
Mayer established sunshine, originally called Lumi Labs, back in 2018 to their five-year cover at Yahoo. Before A Ceo of Yahoo, Mayer Career, where she was employee of 20, designed the interface for Google Search, and helped develop Google Maps and Google AdWords.
The idea for the first product of Sunshine, an app for managing contacts, stemdrants from Mayer's own experience tapping In their deep network of Silium Silicon Valley Luminaries when they tried to launch their business. That app, Sunshine contacts, launched in 2020. Through that point, the startup raised $ 20 million in Venture Capital financing, next to the personal contributions of Mayer.
Early became the Sunshine app plagued by complaints that the potentially used user accounting privacy. The app, who used ai to identify and merge duplicate people in your phone's contacts list, was also pull information from whitepages To automatically add auto addresses to contact contacts.
In 2024 Sunshine launched a photo-sharing app called shine. Like sunshine contacts, gloss was widely viewed as a flop.
