> Are you sure this was related to the cost of employees? Not completely sure; the best case I know is of a company where one of the founders told me such thin

> Are you sure this was related to the cost of employees? Not completely sure; the best case I know is of a company where one of the founders told me such thing. It is a very technically advanced and polished ride sharing app, made to solve very particular problems in this region, investors had a look at the product, at their books, and offered 2M/year for 3 years on condition of moving it to Berlin or Sofia (Bulgaria, don't ask me why).