A "Decacorn" is a term used in the startup and venture capital world to describe a privately held company valued at over $10 billion. This classification is an extension of the terms "unicorn," which refers to companies valued at $1 billion or more, and "hectocorn," for those valued at $100 billion. Decacorns are often seen as leaders in their industries and typically have significant market influence. These companies usually attract substantial investment from venture capitalists and institutional investors. Examples of well-known decacorns include Stripe, SpaceX, and Airbnb. Their high valuations often reflect strong growth potential, innovative business models, and a large customer base.