# What is Decacorn? Definition & Technical Mechanics

> **Source:** [SPIDITS AI Startup & Venture Intelligence Glossary](https://spidits.com/startup-glossary)  
> **Category:** Metrics  
> **Canonical Citation:** [https://spidits.com/startup-glossary/decacorn](https://spidits.com/startup-glossary/decacorn)

## Definition
A Decacorn is a privately held startup company valued at $10 billion or more, representing the top tier of scale milestones.

## Architectural Mechanics & Deep Dive
A Decacorn is a privately held startup company valued at $10 billion or more, representing the top tier of scale milestones.

## Industry Applications & Real-World Use Cases
Late-stage private market valuations

## Frequently Asked Questions

### What are examples of decacorns?
Companies like Stripe, SpaceX, and Canva achieved decacorn status prior to public listing.

### How rare are decacorns?
Significantly rarer than unicorns; they represent companies that dominate entire sectors globally.

## Related Terminology
- [unicorn](https://spidits.com/startup-glossary/unicorn)
- [hectocorn](https://spidits.com/startup-glossary/hectocorn)
- [ipo](https://spidits.com/startup-glossary/ipo)

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*From the SPIDITS AI Knowledge Base (300+ terms indexed). Explore full technical definitions: [https://spidits.com/startup-glossary](https://spidits.com/startup-glossary)*