Startup Dictionary
Decacorn
Definition
A privately held startup company valued at over $10 billion.
Deep Dive
A decacorn is a privately held startup company that has achieved a valuation of $10 billion or more. The term signifies an extremely rare and highly successful venture, representing a significant leap beyond the more commonly recognized "unicorn" status (companies valued at $1 billion). Decacorns are typically disruptors in their respective industries, characterized by hyper-growth, innovative technology, and a substantial market footprint, attracting massive investor confidence.
Examples & Use Cases
- 1SpaceX
- 2Bytedance
- 3Stripe
Related Terms
UnicornCentaurScale-up