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.

Company
Valuation
Country
Business 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
United States
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

Go On, Tell Us What You Think!

Did we miss something?  Come on! Tell us what you think of our article on what is a decacorn in the comments section

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

1 Comments

What Is A Decacorn?

by Aashish Pahwa