This is not about the nominal wage difference between America and Europe but about them taking 1/3 of that 35 to 40k.
Funded startups that are looking for the top talent, at any cost, are the ones that I assume will benefit the most. For them, 1/3 of the 1st year salary is an investment. Better pay that rather than having to have the position open for 6 months (time is money). Hiring is extremely hard, and the people you want to hire... are by definition almost never looking for jobs. These are the same people that are attracted by the idea of spending 3 months mastering a bleeding edge technology.