In March, Kayak pegged its own chances of executing an IPO at 85% — a dramatic upswing from the 50% likelihood it estimated in June 2011.
That revelation came in Kayak’s latest amendment yesterday to its November 2010 IPO registration statement. ¬†As of March, Kayak saw its IPO chances, prospects of a strategic sale or remaining private as 85%, 10% and 5%, respectively.
Kayak’s self-proclaimed IPO likelihood, on the rise since December 2011, when it stood at 75%, comes as market conditions have vastly improved and tech investors eye the proposed Facebook IPO, which could provide a shot in the arm to other prospective tech IPO currently on the sidelines.
At least that is the hope.