Twix brand name. The name Twix is a portmanteau derived from 'twin biscuit sticks'. In 2014, the company introduced Twix bites. Between 2012 and 2013 the size of a standard Twix in the UK was reduced by 14%, from 58g to 50g. All Twix production for the U.S. market takes place at the Mars Chocolate North America facility in Cleveland, Tennessee. The name change from Raider to Twix is part of the plot in German Netflix TV series "Dark" where a brand new Raider wrapping from 1986 is found in 2019. A Twix bar is referred to in the Netflix series
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