Former Yahoo CEO Marissa Mayer has made a major decision, deciding to shut down her consumer software company Sunshine and sell its assets to the newly established AI startup Dazzle. Dazzle aims to develop an intelligent personal assistant, and all employees of Sunshine will transfer to the company to continue working.
According to anonymous sources cited by Wired magazine, the main investors of Sunshine, including Norwest Venture Partners, Felicis Partners, and SV Angel, have approved the asset transaction. Sunshine was founded in 2018 and launched its first product — a subscription-based contact management app called "Sunshine Contacts." However, due to privacy issues, the app received poor feedback and did not perform well in the market. Despite launching a new activity management and photo sharing app with AI features in 2024, Sunshine still failed to gain market recognition, with the app having just over a thousand downloads on the Google Play Store.
Sunshine raised about $20 million in 2020, but according to Mayer herself, the company mainly relied on its own funds for operations. With this asset sale and team integration, Sunshine will officially exit the market, and the new AI company Dazzle will take over its talent and business, entering a new phase in the smart assistant field.
Mayer's decision not only marks the end of Sunshine, but also lays the foundation for Dazzle's future development. Facing an increasingly competitive AI market, Dazzle hopes to achieve breakthroughs in the smart assistant field by integrating existing technologies and teams. With the rapid development of AI technology, Dazzle's future has attracted widespread attention and expectations.
Key Points:
🌟 Marissa Mayer closed the Sunshine company, transferring its assets to the newly founded AI company Dazzle.
👥 Dazzle plans to develop an intelligent personal assistant, and former Sunshine employees will join the new company.
📉 Sunshine launched several products, but failed to gain market recognition due to privacy issues.
