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# News July 14, 2022: VOI, Google, Meta, Avanza and more
- URL: https://www.swedishtechnews.com/news-july-14-2022/
- Published: 2022-07-14T14:52:04.000Z
- Updated: 2023-07-19T13:58:44.000Z
- Description: Here is today's curation of news from Sweden's startup and tech sector, as well as some interesting reads, exclusively for subscribers of Swedish Tech News.
- Author: Martin Weigert
- Tags: Daily (PRO), google, meta, EQT Ventures, Creandum, Avanza, Voi

Here is today's curation of news from Sweden's startup and tech sector. 

💡

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### News from Swedish startups, the tech sector and VCs

- [VOI](https://www.voiscooters.com/) is no longer a unicorn. Its biggest investor [VNV Global](https://vnv.global/) wrote down the value of its VOI ownership significantly. The Stockholm-based e-scooter company is now valued at around SEK7B ($660M), down 31% since when VOI raised its Series D in the beginning of 2022 ([Swedish](https://www.breakit.se/artikel/33722/varderingen-rasar-i-voi-fortsatt-tryck-nedat-pa-marknaden), [machine translation](https://www-breakit-se.translate.goog/artikel/33722/varderingen-rasar-i-voi-fortsatt-tryck-nedat-pa-marknaden?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- SEK160,000/month (€15,000, $15,000) was the average salary of Google employees in Sweden in 2021, an increase of 13.6% compared to 2020, based on calculations made by Breakit. Meta's average salary for its relatively few employees in Sweden rose 13.8% to SEK156,000/month ([Swedish](https://www.breakit.se/artikel/33689/sa-mycket-tjanar-svenskarna-pa-google-och-facebook-nya-siffror), [machine translation](https://www-breakit-se.translate.goog/artikel/33689/sa-mycket-tjanar-svenskarna-pa-google-och-facebook-nya-siffror?%5Fx%5Ftr%5Fsl=auto&%5Fx%5Ftr%5Ftl=en&%5Fx%5Ftr%5Fhl=en&%5Fx%5Ftr%5Fpto=wapp)).
- [EQT Ventures](https://eqtventures.com/) is looking for a tech lead for its Stockholm office ([English](https://medium.com/eqtventures/eqt-ventures-is-looking-for-a-tech-lead-af381ffc5e6)).
- [Creandum](https://www.creandum.com/) published 5 key tips for a business plan model as well as an exemplary dummy model for a fictitious B2B SaaS business raising a Series A or later ([English](https://blog.creandum.com/financial-plan-model-template-creandum-f28622951028)).

### Swedish tech earnings reports

- [Avanza](http://www.avanza.se) (Stockholm, finance and broker app): [English](https://m.marketscreener.com/quote/stock/AVANZA-BANK-HOLDING-AB-P-57194643/news/Avanza-Bank-Holding-AB-publ-Interim-Report-January-mdash-June-2022-40979836/), [Swedish](https://investors.avanza.se/en/ir/reports/annual-and-interim-reports/avanza-bank-holding-ab-publ-interim-report-januaryjune-2022/).

### Other interesting things from the startup/VC world

- A primer for executives outside of finance functions on reading a profit & loss statement ([English](https://lethain.com/profit-and-loss-statement/)).
- Being laid off is traumatic for those affected. It's time to talk openly about it ([English](https://angelariggs.github.io/articles/talking-about-layoffs)).

### Other interesting things related to Sweden  

- Swedish inflation rate rose to 8.5% in June 2022, up from 7.2 percent in May ([English](https://www.scb.se/en/finding-statistics/statistics-by-subject-area/prices-and-consumption/consumer-price-index/consumer-price-index-cpi/pong/statistical-news/consumer-price-index-cpi-june-2022/), [Swedish](https://www.market.se/detaljhandelsfragor/konjunktur/inflationen-fortsatter-att-stiga-nadde-8-5-procent-i-juni/)).

+++

That's it for today.