Most of the startups I've come across in Europe usually pay at or near to market rates. Maybe it's just my experience (I've mostly been working as a contractor)

Most of the startups I've come across in Europe usually pay at or near to market rates. Maybe it's just my experience (I've mostly been working as a contractor), but I find this somewhat surprising, given that the social structures here mean that taking a risk by working unpaid/lower pay for a startup isn't such a big issue.