Twix Twix Twix is a chocolate bar made by Mars, Inc., consisting of a biscuit ("cookie" in North America) applied with other confectionery toppings and coatings (most frequently caramel and milk chocolate). Twix are packaged with two or four bars in a wrapper. Miniature and other variations of Twix bars are also available. The product was first produced in the United Kingdom in 1967, and introduced in the United States in 1979. Twix was called Raider in mainland Europe for many years before its name was changed in 1991 (2000 in Denmark, Finland, Norway, Sweden and Turkey) to match the international
Pre-money valuation downround are two terms associated with pre- and post-money valuations. If the pre-money valuation of the upcoming round is higher than the post-money valuation of the last round, the investment is called an upround. If the pre-money valuation is lower than the post-money valuation of the previous round, then the investment is called a downround. In the above example, Round B was an upround investment, because pre-money B ($80 million) was higher than was post-money A ($60 million). A successful growing company usually receives a series of uprounds until it is launched on the stock market, sold, or merged. Downrounds