Stewart Alsop, of Alsop Louie Partners, explains why he had to "convince" a CEO at one one of his portfolio companies to turn down an acquisition offer even though it would have produced a 3x or 4x return in about a year."That's not what we're here for. We want to invest in major enterprises that create real value,"  which he defines as a valuation starting between $250 million and $750 million, depending on whether his company owns 30% or 10% of a startup. Alsop says. "The reason it makes us look like jerks is because that's a lot of money." Alsop wouldn't say which company it was. The firm's early stage investments include Ribbit, which is building a platform for ... [ Read more ]