Valuation of our IP

Unless it's a big market, and you are already well funded, it can be expensive. I was talking with an official valuer for the Singapore IP financing scheme and they were charging mid 5figures ... and this after I'm providing all the market data and competitor analysis (which is the hard part).

Valuation can be done using 3 core approaches, cost basis, market comparables or DCF. Appraisal is hard because the tech is often - opaque (only specialists understand), illiquid (can't be used elsewhere) and non-revenue producing (so standard techniques like discounted cashflow have big error bars). The VCs avoid the problem by using rules of thumbs like estimating the #engineers and value multipliers.

Think carefully about cost-benefit because unless market is 9 figures, spending upfront 5 figures may not be worthwhile at an early stage (before offer of a trade sale/acquisition)