Chris Dixon on a16z Frontier's investing philosophy, and why being too early is better than being too late: "We believe that basically every good idea that we've ever seen that involved technology has eventually worked or we believe will work, if it hasn't worked yet." "Almost everything that ended up working had a precursor that didn't work and maybe was 10 years too early. And that's the hardest thing in technology is to predict the timing of these things." "There's the technology, there's the culture, there's the business environment, there's the political environment. There's so many factors that go into these things and having it all line up." "Specifically in the Frontier Fund, we want to err on the side of being too early." @cdixon Not an offer or solicitation. None of the information herein should be taken as investment advice; Some of the companies mentioned are portfolio companies of a16z. Please see http://a16z.com/disclosures for more information. A list of investments made by a16z is available at http://a16z.com/portfolio.