Marissa Mayer is renting Google's old office for the 'good juju' as she plans her next move

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Marissa Mayer is renting Google's old office for the 'good juju' as she plans her next move

Marissa Mayer

AP Photo/Lionel Cironneau, File

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  • Marissa Mayer is working on her next tech venture out of Google's old office in Palo Alto, California.
  • In an interview with The New York Times, Mayer hinted that the new company - named Lumi Labs - will be something in the consumer space.
  • The office is also where PayPal got started, and Mayer said the space has "good juju."

Marissa Mayer has a new address: Google's old office in Palo Alto.

In her first interview since leaving Yahoo last year, the former CEO revealed to The New York Times that she's started working on her next tech venture - and she's doing it out of Google's old office, the same place she started her career in 1999.

"This is also where PayPal started, so there's a lot of good juju here," Mayer said. "Coming back here, it reminds me of what Google felt like in those early moments."

Mayer didn't go into specifics about what her new company will entail, saying only that she has "some ideas in the consumer space." She told the Times she's been meeting with founders and "just seeing what's happening in the industry."

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The new venture is called Lumi Labs, named after the Finnish word for snow.

Mayer worked at Google for 13 years before leaving to serve as CEO of Yahoo. But during her five-year tenure, Mayer failed to revive the company's stalled business. Verizon ultimately acquired the iconic internet company last year and Mayer received a severance package worth about $23 million.

You can read the entire interview with Mayer over at The New York Times.

Get the latest Google stock price here.

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