Haven't done any kind of proper survey but from what I see many startups here don't like to pay even decent. They would hire with low salary. However the point

Haven't done any kind of proper survey but from what I see many startups here don't like to pay even decent. They would hire with low salary. However the point is if you want good developers, you need to pay them well! Even if you manage to find some good developer at low salary, he will probably not perform his best. Finally, they would lag behind schedule, resources get scarse and they are officially failed.