In business, a unicorn is a privately held startup company valued at over US$1 billion .The term was first popularised in 2013 by venture capitalist Aileen Lee , choosing the mythical animal to represent the statistical rarity of such successful ventures. According to CB Insights , there are more than 803 unicorns as of August 2021. The largest unicorns included ByteDance , SpaceX and Stripe . Also according to CB Insights, there are now 30 unicorns with over $10 billion valuation in the world, including SpaceX, Goto , J&T Express, Stripe, and Klarna .They have been given the name "decacorn". When Aileen Lee originally coined the term "unicorn" in 2013, there were only thirty-nine companies that were considered unicorns.In a different study done by Harvard Business Review , it was determined that startups founded between 2012 and 2015 were growing in valuation twice as fast a...