Former Sequoia partner’s new startup uses AI to negotiate your calendar for you


Kais Khimji has spent most of his professional career as a venture investor, including six years as a partner at the prominent VC firm Sequoia Capital.

But just like several other former Sequoia partners — including David Vélez, who founded the Brazilian digital bank Nubank — Khimji (pictured left) has always wanted to be a startup founder. On Thursday, he announced that he has revived an idea he began working on as a student at Harvard about 10 years ago, turning it into the AI calendar-scheduling company Blockit. In a major vote of confidence, Khimji’s former employer, Sequoia, led the company’s $5 million seed round.

“Blockit has a chance to become a $1Bn+ revenue business, and Kais will make sure it gets there,” Pat Grady, Sequoia’s general partner and co-steward who led the investment, wrote in a blog post.

While many startups have tried to automate scheduling in the past, Khimji believes that thanks to advances in LLMs, Blockit’s AI agents can handle scheduling more seamlessly and efficiently than many of its predecessors, including now-defunct startups Clara Labs and x.ai. (Yes, that domain name ended up with Elon Musk’s AI company.)

Unlike the current category leader Calendly, which was last valued at $3 billion and relies on users sharing links to find availability, Blockit is betting that its AI agents can master the nuance required to handle the entire scheduling process without human involvement.

With Blockit, Khimji and co-founder John Hahn — who previously worked on calendar products, including Timeful, Google Calendar, and Clockwise — are building what is essentially an AI social network for people’s time.

“It always felt very odd. I have a time database — my calendar. You have a time database — your calendar, and our databases just can’t talk to each other,” Khimji told TechCrunch.

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Khimji says that Blockit can finally solve this disconnection. When two users need to meet, their respective AI agents communicate directly to negotiate a time, bypassing the typical back-and-forth emails entirely.

Users can invoke the Blockit agent by copying it on an email or messaging it in Slack about a meeting. The bot then takes over the logistics, negotiating a mutually convenient time and location that fits the preferences of all participants.

Khimji said that Blockit can work as seamlessly as a human executive assistant. Users simply need to provide the system with specific instructions about their preferences, such as which meetings are nonnegotiable and which are “movable” based on daily needs. “Sometimes my calendar is crazy, so I need to skip lunch, and the agent needs to know that it’s okay to skip lunch,” he said.

The system can even be trained to prioritize meetings based on the tone of an email. For instance, a user might instruct the agent that a meeting request signed with a formal “Best regards” should take precedence over a casual interaction ending with “Cheers.”

By learning the preferences of its users, Blockit appears to be capitalizing on what venture firm Foundation Capital’s partners Jaya Gupta and Ashu Garg call “context graphs.” In a widely shared essay, the investors describe a multibillion-dollar opportunity for AI agents to capture the “why” behind every business decision by relying on the hidden logic that previously only existed in a person’s head.

Blockit is already being used by more than 200 companies, including AI startup Together.ai, the newly acquired fintech company Brex, and robotics startup Rogo, as well as venture firms a16z, Accel, and Index. The app is available for free for 30 days. After that, it costs $1,000 annually for individual users and $5,000 annually for a team license with support for multiple users, Khimji said.

Sequoia to invest in Anthropic, breaking VC taboo on backing rivals: FT


Sequoia Capital is reportedly joining a blockbuster funding round for Anthropic, the AI startup behind Claude, according to the Financial Times. It’s a move sure to turn heads in Silicon Valley.

Why? Because venture capital firms have historically avoided backing competing companies in the same sector, preferring to place their bets on a single winner. Yet here’s Sequoia, already invested in both OpenAI and Elon Musk’s xAI, now throwing its weight behind Anthropic, too.

The timing is particularly surprising given what OpenAI CEO Sam Altman said under oath last year. As part of OpenAI’s defense against Musk’s lawsuit, Altman addressed rumors about restrictions in OpenAI’s 2024 funding round. While he denied that OpenAI investors were broadly prohibited from backing rivals, he did acknowledge that investors with ongoing access to OpenAI’s confidential information were told that access would be terminated “if they made non-passive investments in OpenAI’s competitors.” Altman called this “industry standard” protection (which it is) against misuse of competitively-sensitive information.

According to the FT, Sequoia is joining a funding round led by Singapore’s GIC and U.S. investor Coatue, who are each contributing $1.5 billion. Anthropic is aiming to raise $25 billion or more at a $350 billion valuation — more than double its $170 billion valuation from just four months ago. The WSJ and Bloomberg had earlier reported the round at $10 billion. Microsoft and Nvidia have committed up to $15 billion combined, with VCs and other investors said to be contributing another $10 billion or more.

The Sequoia connection with Altman runs deep. When Altman dropped out of Stanford to start Loopt, Sequoia backed him. He later became a “scout” for Sequoia, introducing the firm to Stripe, which became one of the firm’s most valuable portfolio companies. Sequoia’s new co-leader Alfred Lin and Altman also appear comparatively close. Lin has interviewed Altman numerous times at Sequoia events, and when Altman was briefly ousted from OpenAI in November 2023, Lin publicly said he’d eagerly back Altman’s “next world-changing company.”

While Sequoia’s investment in xAI might seem to have already contradicted the traditional VC approach of picking winners, that bet is widely viewed as less about backing an OpenAI competitor and more about deepening the firm’s extensive ties to Elon Musk. Sequoia invested in X when Musk bought Twitter and rebranded it, is an investor in SpaceX and The Boring Company, and is a major backer of Neuralink, Musk’s brain-computer interface company. Longtime Sequoia leader Michael Moritz was even an early investor in Musk’s X.com, which became part of PayPal.

Sequoia’s apparent reversal on portfolio conflicts is especially glaring given its historical stance. As we reported in 2020, the firm took the extraordinary step of walking away from its investment in payments company Finix after determining the startup competed with Stripe. Sequoia forfeited its $21 million investment, letting Finix keep the money while giving up its board seat, information rights, and shares, marking the first time in the firm’s history it had severed ties with a newly funded company over a conflict of interest. (Sequoia had led Finix’s $35 million Series B round just months earlier.)

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The reported Anthropic investment comes after dramatic leadership changes at Sequoia, where Roelof Botha was pushed out in a surprise vote just days after sitting down with this editor at TechCrunch Disrupt, with Lin and Pat Grady — who’d led that Finix deal — taking over.

Anthropic is reportedly preparing for an IPO that could come as soon as this year. We’ve reached out to Sequoia Capital for comment.

Sequoia’s Matt Miller is exiting the firm after making headlines earlier this year


The writing was on the wall, seemingly. 

Sequoia Capital partner Matt Miller announced on Wednesday that he’s leaving the powerhouse outfit after a 12-year career to build his own new firm focused on European founders. He added he will remain a venture partner with Sequoia and maintain his board seats while fleshing out the “specifics of what is to come next.”

London-based VCs like Saul Klein, Tom Hulme, Mattias Ljungman, and Miller’s colleague Luciana Lixandru congratulated Miller, who moved to the city in 2021 to lead Sequoia’s expansion into Europe. 

Still, few could be surprised by Miller’s news –  not after he tussled at the start of the year with former colleague Michael Moritz, who Miller reportedly tried and failed to oust from the board of the fintech Klarna almost immediately after himself joining it. Sequoia soon after apologized for supporting the move, replacing Miller with another Sequoia investor, Andrew Reed.