decacorn

What Is A Decacorn? The Era Of Decacorn Companies

A Decacorn is a company valued at over $10 billion. The top ten Decacorn Companies as of January 2019, comprise Bytedance, Uber, Didi Chuxing, WeWork, Lu.com, Airbnb, SpaceX, Palantir Technologies, Stripe and JUUL Labs.

With the rise of consumer technologies able to have worldwide traction, unicorns seem to be no longer the rule. In other words, a decade ago a billion dollar valuation was a strong position to be which allowed the company in that position to create a long-lasting advantage.

However, as of now 2019, this paradigm seems to have shifted toward Decacorn Companies, those that managed to reach over a ten billion dollar valuation!

Those Decacorns operate in the following industries:

  • Digital Media/ AI
  • On-Demand
  • Facilities
  • Fintech
  • eCommerce/Marketplace
  • Other Transportation
  • Big Data
  • Consumer Electronics
  • Gaming
  • Social
  • Blockchain
  • Biotechnology
  • Computer Hardware & Services
  • Internet Software & Services
  • Hardware

You can appreciate the business models used by Decacorn Companies in 2019 in the table below:

Country
Company
Valuation in $B
Business Model Label
ChinaToutiao (Bytedance)$75digital short-video format model powered by AI
United StatesUber$72ride-sharing on-demand marketplace model
ChinaDidi Chuxing$56digital media on-demand marketplace model
United StatesWeWork$47WeWork business model: office space sharing/real-estate-as-a-service model
ChinaLu.com$38online finance marketplace model
United StatesAirbnb$29.30e-commerce/on-demand home-sharing marketplace model
United StatesSpaceX$21.50space transportation model
United StatesPalantir Technologies$20big data-based enterprise SaaS model
United StatesStripe$20payment marketplace model
United StatesJUUL Labs$15consumer electronics model
United StatesEpic Games$15digital games marketplace model
United StatesPinterest$12.30digital advertising model
ChinaBitmain Technologies$12crypto mining blockchain-based model
United StatesSamumed$12biotech-based model
United StatesLyft$11.50ride-sharing on-demand marketplace model
SingaporeGrabTaxi$11ride-sharing on-demand marketplace model
United KingdomGlobal Switch$11.08multi-tenanted data centers-as-a-service model
United StatesInfor$10cloud-based enterprise SaaS model
ChinaDJI Innovations$10drones products-based model
IndiaOne97 Communications (operates Paytm)$10marketplace and virtual bank model

If you download the data reference back at FourWeekMBA.com and CB Insights

Who do you think will be the next Decacorn? 

Read next: What Is A Unicorn Company? The Top 25+ Unicorns Business Models For 2019

Other resources: 

Case studies:

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Published by

Gennaro Cuofano

Creator of FourWeekMBA.com | Head of Business Development at WordLift.io | International MBA

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