Business Pitch Dictionary by pitch.dog
Startup stages & company states · Specialist

Decacorn

Also called: ten-billion-dollar startup

ELI5

A private startup valued at ten billion dollars or more.

Used in conversation

“Decacorn valuations can move sharply between rounds.”

Definition

Informal term for a privately held startup valued at ten billion US dollars or more.

Here “Decacorn” means: Informal term for a privately held startup valued at ten billion US dollars or more.

Pitch context

You will see “Decacorn” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches startup stages & company states.

Why it matters: It helps a reader interpret startup stages & company states without confusing the measure, decision, role or evidence being discussed.

Sources & evidence · 5

Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.