I would not be placing any long term bets on tech stocks with sky high valuations.
Worst case scenario: I see global growth slowing and that pushing us into a bear market. Following that, a total reevaluation of stock valuations where tech stocks get hit the most.
We're already seeing talk about the bubble in tech valuations.
There's a great video from aswath damodaran that was uploaded last night on how bubbles form. I'll link it here when I get home. It's rather...