<P> A unicorn is a privately held startup company valued at over $1 billion . The term was coined in 2013 by venture capitalist Aileen Lee , choosing the mythical animal to represent the statistical rarity of such successful ventures . A decacorn is a word used for those companies over $10 billion , while hectocorn is the appropriate term for such a company valued over $100 billion . According to TechCrunch , there were 279 unicorns as of March 2018 . The largest unicorns included Ant Financial , Didi Chuxing , Uber , Xiaomi , Airbnb , Palantir , and Pinterest . Dropbox is the most recent decacorn that turned into a public company on March 23 , 2018 . </P>
<P> A unicorn is a privately held startup company valued at over $1 billion . The term was coined in 2013 by venture capitalist Aileen Lee , choosing the mythical animal to represent the statistical rarity of such successful ventures . A decacorn is a word used for those companies over $10 billion , while hectocorn is the appropriate term for such a company valued over $100 billion . According to TechCrunch , there were 279 unicorns as of March 2018 . The largest unicorns included Ant Financial , Didi Chuxing , Uber , Xiaomi , Airbnb , Palantir , and Pinterest . Dropbox is the most recent decacorn that turned into a public company on March 23 , 2018 . </P>
what does it mean to be a unicorn in business
what does it mean to be a unicorn in business
a privately held startup company valued at over $1 billion
a privately held startup company valued at over $1 billion