hectocorn
noun [ C ] uk/ˈhek.tə.kɔːn/ us/ˈhek.tə.kɔːrn/
business, finance & economics specialized百角兽(估值超过1000亿美元的初创公司)
a start-up (= a new business) whose value is considered to be over $100 billion
The company looked set to become the first hectocorn, a massive business by any standards, public or private. 这家公司看起来将成为第一个百角兽,无论是以上市公司或私人公司的标准来看,都是一家巨型企业。
Compare: decacornunicorn
- More examples
- The valuations that lead to startup companies becoming unicorns, decacorns and hectocorns depend on their growth opportunities and expected development.
- It is difficult to say for certain if we will see more hectocorns in the years to come.
- Even rarer than the unicorn is the decacorn, or a start-up valued over $10 billion, and a hectocorn, valued over $100 billion.
- Four unicorns were born per year in the last decade, with Facebook being a breakout hectocorn.