[logicallee]

Let me put it to you this way. Can you hire a talented CEO in London within the next month, who will work for you for below half the median wage in London and be able to build a company with you and a cofounder that is worth $10M within a year?

In the valley, this is easy. You do have to give up equity though.

In London, the above will get you shown the door, with a grin. Haha, good luck.

[dasil003]

I'll ignore the fact that hiring a CEO is something that startups pretty much do not do and ask you this: why do you think it's so easy to hire top talent on primarily equity?

[logicallee]

It's not easy to hire top talent with either primarily equity or primarily salary anywhere in the world: in the valley, the former is at least possible.