1. Unicorn - a venture with $1 billion valuation; 2. Decacorn - a venture valued at $10billion ; 3. Hectocorn - a venture valued at $100 billion valuation;
1. Unicorn - a venture with $1 billion valuation
2. Decacorn - a venture valued at $10billion
3. Hectocorn - a venture valued at $100 billion valuation
The reason behind this is to define milestones in a startup's journey.
The first term i.e., unicorn was coined by venture investor Alieen Lee
These are future valuation and may not be real