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Given the intangible nature of intellectual property, it can be difficult to value.
These include irregular capital calls, difficulties in forecasting the distribution of cash proceedings, and highly illiquid investments by the fund that can be difficult to value.
The booty may be difficult to value, as the pirates' aim is to extract lucrative ransoms rather than sell off the cargo directly.
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It is difficult to value Kozmo or Urbanfetch because both are privately held.
The problem is that internet companies are difficult to value by conventional measures.
They feel it is difficult to value accurately the Russian business.
Information on historical prices is scarce, so it is difficult to value assets.
"It's difficult to value a company in this situation," he said.
Despite the limited supply, prices remain cheap, in part because the assets are difficult to value.
Almost all proposals have effects that are difficult to value in monetary terms.
"This guidance will help auditors more accurately price assets that are difficult to value under current market conditions".
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