Editing Startup company (section)

==Unicorns==
{{See also|List of unicorn startup companies}}
Some startups become big and they become '''unicorns''', i.e. privately held startup companies [[Valuation (finance)|valued]] at over US$1 billion. The term was coined in 2013 by venture capitalist [[Aileen Lee]], choosing the mythical animal to represent the statistical rarity of such successful ventures. According to ''[[TechCrunch]]'', there were 452 unicorns as of May 2019, and most of the unicorns are in the US, followed by China. The unicorns are concentrated in a few countries. The unicorn leaders are the U.S. with 196 companies, China with 165, India with 107<ref>{{cite web | url=https://www.investindia.gov.in/indian-unicorn-landscape | title=Indian Unicorn Landscape - Startups, Growth, FDI, Investors | access-date=2022-10-14 | archive-date=2022-10-22 | archive-url=https://web.archive.org/web/20221022092352/https://www.investindia.gov.in/indian-unicorn-landscape | url-status=live }}</ref> and the U.K. with 16.<ref>{{cite news |title=The Crunchbase Unicorn Leaderboard is back, now with a record herd of 452 unicorns |url=https://techcrunch.com/2019/05/29/the-crunchbase-unicorn-leaderboard-is-back-now-with-a-record-herd-of-452-unicorns/ |work=[[TechCrunch]] |date=29 May 2019 |access-date=19 July 2020 |archive-date=30 September 2020 |archive-url=https://web.archive.org/web/20200930071656/https://techcrunch.com/2019/05/29/the-crunchbase-unicorn-leaderboard-is-back-now-with-a-record-herd-of-452-unicorns/ |url-status=live }}</ref> The largest unicorns included [[Ant Financial]], [[ByteDance]], [[DiDi]], [[Uber]], [[Xiaomi]], and [[Airbnb]]. When the value of a company is over US$10 billion, the company will be called as a '''decacorn'''. When the company is valued over US$100 billion, '''hectocorn''' will be used.