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From Venture Capital to AI Innovation: Kais Khimji Launches Blockit

A Bold Transition From Investor to Startup Founder

Kais Khimji, who built a storied career as a venture investor and served as a partner at Sequoia Capital, is now turning his entrepreneurial vision into reality. Much like fellow Sequoia alumni, including David Vélez of Nubank, Khimji has long harbored ambitions of founding a startup. The result is Blockit, an AI-driven calendar scheduling platform that reimagines how busy professionals manage their time—a concept that traces back to Khimji’s early days as a Harvard student.

Securing a Confident Investment

Blockit did not launch quietly. In a clear vote of confidence, Sequoia Capital led the company’s $5 million seed round. Pat Grady, Sequoia’s General Partner, asserted in a blog post that Blockit has the potential to evolve into a business with over $1 billion in revenue, and that Khimji is the right catalyst to drive this growth.

Reinventing Scheduling With Advanced AI

While several startups have ventured into automated scheduling, Khimji believes that Blockit leverages breakthroughs in large language models (LLMs) to far surpass the capabilities of its predecessors, like Clara Labs and x.ai. Unlike the category leader Calendly, Blockit’s AI agents are designed to manage the entire scheduling process—negotiating meeting times and preferences autonomously—without requiring manual link sharing between users.

An AI Ecosystem for Time Management

Co-founded with John Hahn, whose experience spans influential calendar products such as Timeful, Google Calendar, and Clockwise, Blockit aims to create an AI-powered social network centered on time. The platform enables AI agents to converse directly to find mutually suitable meeting slots, eliminating the common back-and-forth of emails. Users can simply copy the Blockit agent in their emails or message it via Slack to have the bot manage the logistics of meeting schedules.

A Personalized Assistant in the Digital Age

Blockit functions like a virtual executive assistant, capable of adapting to personalized scheduling nuances.” By providing detailed instructions on meeting priorities—such as designating nonnegotiable appointments versus flexible ones—the system can tailor its scheduling. The AI even prioritizes meetings based on the tone of an email, as illustrated by its ability to favor formal requests over casual ones.

Context Graphs and Big Data Potential

Blockit leverages the concept of “context graphs,” a term popularized by Foundation Capital investors Jaya Gupta and Ashu Garg in their analysis of AI’s future in business. By capturing the underlying rationale behind scheduling decisions, Blockit taps into a multibillion-dollar opportunity of transforming implicit human logic into actionable business intelligence.

Early Adoption by Leading Firms

Already, Blockit has earned the trust of more than 200 organizations, including innovative companies like Together.ai, the fintech leader Brex, and robotics pioneer Rogo. Venture firms such as a16z, Accel, and Index have also come on board. The platform is available on a free 30-day trial, with pricing set at $1,000 per annum for individuals and $5,000 for team licenses, supporting multiple users.

The Future of Intelligent Scheduling

Kais Khimji is poised to redefine professional scheduling using advanced AI—transforming an essential, yet inefficient, aspect of work life into a streamlined and dynamic process. Blockit represents not just a technological innovation, but a shift in how businesses can effectively manage time in a data-driven world.

Cyprus Hits Historic Tourism Peak As Overtourism Risks Mount

Record-Breaking Performance In Tourism

Cyprus’ tourism sector achieved unprecedented success in 2025 with record-breaking arrivals and revenues. According to Eurobank analyst Konstantinos Vrachimis, the island’s performance was underpinned by solid real income growth and enhanced market diversification.

Robust Growth In Arrivals And Revenues

Total tourist arrivals reached 4.5 million in 2025, rising 12.2% from 4 million in 2024, with momentum sustained through the final quarter. Tourism receipts for the January–November period climbed to €3.6 billion, marking a 15.3% year-on-year increase that exceeded inflation. The improvement was not driven by volume alone. Average expenditure per visitor increased by 4.6%, while daily spending rose by 9.2%, indicating stronger purchasing power and higher-value tourism activity.

Economic Impact And Diversification Of Source Markets

The stronger performance translated into tangible gains for the broader services economy, lifting real tourism-related income and overall sector turnover. Demand patterns are also shifting. While the United Kingdom remains Cyprus’ largest source market, its relative share has moderated as arrivals from Israel, Germany, Italy, the Czech Republic, the Netherlands, Austria, and Poland have expanded. This gradual diversification reduces dependency on a single market and strengthens resilience against external shocks.

Enhanced Air Connectivity And Seasonal Dynamics

Air connectivity has improved markedly in 2025, with flight volumes expanding substantially compared to 2019. This expansion is driven by increased airline capacity, enhanced route coverage, and more frequent flights, supporting demand during shoulder seasons and reducing overreliance on peak-month flows. Seasonal patterns remain prominent, with arrivals building through the spring and peaking in summer, thereby bolstering employment, fiscal receipts, and corporate earnings across hospitality, transport, and retail sectors.

Structural Risks And Future Considerations

Despite strong headline figures, structural challenges remain. The European Commission’s EU Tourism Dashboard highlights tourism intensity, seasonality, and market concentration as key risk indicators. Cyprus records a high ratio of overnight stays relative to its resident population, signalling potential overtourism pressures. Continued reliance on a limited group of origin markets also exposes the sector to geopolitical uncertainty and sudden demand swings. Seasonal peaks place additional strain on infrastructure, housing availability, labour supply, and natural resources, particularly water.

Strategic Investment And Market Resilience

Vrachimis concludes that sustained growth will depend on targeted investment, product upgrading, and continued market diversification. Strengthening year-round offerings, improving infrastructure capacity, and promoting higher-value experiences can help balance demand while preserving long-term competitiveness. These measures are essential not only to manage overtourism risks but also to ensure tourism remains a stable pillar of Cyprus’ economic development.

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