A "Hectocorn" refers to a privately held startup company valued at over $100 billion. The term combines "hecto," meaning one hundred, with "corn," derived from "unicorn," which describes startups valued at over $1 billion. Hectocorns are rare and represent significant achievements in the business world, often indicating rapid growth and innovation. Examples of hectocorns include major tech companies like Stripe and SpaceX. These companies have reached this valuation through successful business models, substantial market demand, and often, substantial investment from venture capitalists. Hectocorns are seen as leaders in their respective industries, pushing boundaries and setting trends.