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Because on average all of the top talent goes to the US companies that pay an order of magnitude more than the locals (FAANG).

Hyperbole much? I earn around 100k€ in Munich. You‘re saying the local google or apple would pay me a million per year? Wow.

Well not million but 500-600k sure.

My point was that there is local talent. Just pay US salaries and it will stay put.