Definition of decacorn

Unicorns are companies that quickly achieve a billion-dollar valuation, the term was coined by Cowboy Ventures founder Aileen Lee in 2013. A decacorn is a company that achieves a $10bn valuation.

 

decacorns in the news

Now even unicorns are too common, so a new quest has begun to find companies capable of hitting a $10bn valuation and a new term, decacorn, has entered the small talk at tech industry gatherings in San Francisco and London.

In doing so the start-up community has moved beyond the realms of fantasy to spawn a creature that cannot even be found on a Dungeons & Dragons board. [1]

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