Axios

We're in the golden age of decacorns.

• The average time from launch to decacorn has been cut in nearly half, and some decacorns arrive literally overnight.

By the numbers: It took companies globally an average of 5.5 years to hit decacorn status in 2025, data from PitchBook shows.

• That's down from 9.4 years in 2020, and it's even faster than the 8-year average to hit unicorn status that year.