[treblig]

You'd then take that money and then do anything other than putting it into a high-growth tech company.

Yep, that's one way to hedge :)

I guess the main thing I was getting at is - is there any high-growth tech company that you could start that has more opportunity in a bubble burst?

[adventured]

All good tech start-ups benefit more from a bubble bursting, than from the roaring times during the bubble.

Others have written about this before; in fact every time this happens it gets historically summarized by someone. If you look at the numerous boom / bust periods in tech, whether the '80s, '90s, or '00s, the best tech companies roared right through the downturn and came out the other side in great shape.

It's the same reason Intel always believed in investing right through the bust periods, to gain ground against everyone else that either can't do that or is foolish enough to go into lock-down mode.