First unicorns, now decacorns? When the term ‘unicorn’ was coined to describe businesses whose value is over 1 billion dollars, they probably thought that not many startups would achieve the status. However, they have and far surpassed that amount. As such, they have coined a new name for those that exceed the 10 billion dollar valuation, decacorns!
For example…
Teenagers and Snapchat probably go hand in hand these days, don’t you agree? Well, Snapchat can probably thank these teenagers for the increasing popularity of the tool and their ‘decacorn’ status!
