The top technology plays around aren't based on the West Coast — or even in the United States, Light Street Capital Founder Glen Kacher said Monday.
"The best risk-rewards we see in the world are in the Chinese internet sector," he said.
"And it's a sector many on Wall Street are not willing to go do the work or they're scared, and so we see that as an opportunity to go over there quite a bit, learn about those companies, meet with those management teams and meet with the other members of the ecosystem, and that's been quite a good sector for us."
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On CNBC's "Fast Money," Kacher said that valuations were relatively low for the earnings growth a few Chinese tech names offer.