If you're building, and paying people in stock, then people can't trade that stock, and they can't buy food with it. So they'll go elsewhere where they get compensation they can buy food with.
Why is that a problem though? Businesses fail every day. Are you saying that paying less for 3rd world talent is going to make or break this business?
What I'm hearing is a bit contrived:
1. You only have enough cashflow to pay exploitative location based salaries.
2. You need talent (can't do it yourself).
3. You can't convince anyone to invest in it.
4. You can't attract talent with a low pay + ownership / stock deal.