What are Unicorn , Decacorn , Hectocorn , Minicorn , Soonicorn Startups? In the world of startups and venture capital, various terms are used to categorize startups based on their valuation. Here's a brief explanation of each: 1. Unicorn: A unicorn startup is a private company with a valuation of over $1 billion. The term was coined by venture capitalist Aileen Lee in 2013. Unicorns were once considered rare, but their numbers have been increasing in recent years due to the influx of venture capital and rapid growth in technology sectors. 2. Decacorn: A decacorn is a step above unicorns. These are companies that have reached a valuation of over $10 billion. These are less common than unicorns and represent startups that have seen significant growth and market dominance. 3. Hectocorn : Hectocorns are even more rare and prestigious. These are companies with a valuation of over $100 billion. This term is used for the absolute giants in th...