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)$75ChinaML & AI based media content developer
Uber$72United StatesOn-demand cab aggregator + delivery
Didi Chuxing$56ChinaOn-demand cab aggregator
WeWork$47United StatesShared workspaces provider
JUUL Labs$38United StatesElectronic cigarette manufacturer
Airbnb$29.3United StatesOnline marketplace and hospitality service
Stripe$22.5United StatesOnline payment processing for internet businesses
SpaceX$18.5United StatesAerospace manufacturer and space transportation services company
Epic Games$15GamingVideo game and software development company
GrabTaxi$14SingaporeOn-demand cab aggregator
Bitmain Technologies$12ChinaBitcoin miner
Samumed$12United StatesMedical research and development for tissue-level regeneration
Global Switch$11.08United KingdomLarge scale data centres owner, operator, and developer.
Palantir Technologies$11United StatesBig data analytics
DJI Innovations$10ChinaUnmanned aerial vehicles (drones) manufacturer
Go-Jek$10IndonesiaOn-demand transportation, food delivery, logistics, payment, and daily services
Infor$10United StatesSMB and Enterprise ERP software cloud products for industries
One97 Communications (PayTM)$10Indiae-wallet, payments bank, and online marketplace

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What Is A Decacorn?

by Aashish Pahwa
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