What is a DECACORN

What Is A Decacorn?

Every startup dreams of becoming a unicorn (a startup having a valuation of at least $1 billion). But what after that? Is it the end? Or is there another milestone the startup needs to achieve to get the ultimate success?

Well, with the ever-increasing additions to the existing unicorn club, a new goal needed to be set; a new goal which separated the best performing unicorns from average ones.

This gave the rise to the concept of decacorn.

What Is A Decacorn?

A decacorn is a startup company which has a current valuation of over $10 billion.

According to CBInsights, there are currently 18 decacorns in the world, with 10 being from the USA. Toutiao (Bytedance), a Chinese digital media/AI company is at the top of the list with the current valuation of $75 billion. It is followed by Uber with a valuation of $72 billion.

Decacorn List

Decorns are the evolved versions of unicorns. What separates them isn’t just the funding. It’s the unique business model (probably because they are the pioneers), the revenue model, and the growth rate. They’ve received such investments and have a post-money valuation of over $10 billion because they’ve shown the world an incredible growth rate that the others couldn’t. Here’s the list of all the decacorns in the world.

CompanyValuationCountryBusiness Model
Toutiao (Bytedance) $75 China ML & AI based media content developer
Uber $72 United States On-demand cab aggregator + delivery
Didi Chuxing $56 China On-demand cab aggregator
WeWork $47 United States Shared workspaces provider
JUUL Labs $38 Consumer Electronics Electronic cigarette manufacturer
Airbnb $29.3 United States Online marketplace and hospitality service
Stripe $22.5 United States Online payment processing for internet businesses
SpaceX $18.5 United States Aerospace manufacturer and space transportation services company
Epic Games $15 Gaming Video game and software development company
GrabTaxi $14 Singapore On-demand cab aggregator
Bitmain Technologies $12 China Bitcoin miner
Samumed $12 United States Medical research and development for tissue-level regeneration
Global Switch $11.08 United Kingdom Large scale data centres owner, operator, and developer.
Palantir Technologies $11 United States Big data analytics
DJI Innovations $10 China Unmanned aerial vehicles (drones) manufacturer
Go-Jek $10 Indonesia On-demand transportation, food delivery, logistics, payment, and daily services
Infor $10 United States SMB and Enterprise ERP software cloud products for industries
One97 Communications (PayTM) $10 India e-wallet, payments bank, and online marketplace
Also Read:  Psychology That Goes Into A Successful Marketing Campaign

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