Agreed. I am a product manager for a startup software acquired from Brazil. Nearly all engineering sit in Brazil (or some squads in India). I am the EU based PM that has to deal with the timezone issues and requirements- do I like it? Not really, but it is existing and the company might hire a an architect or tech lead on europe, the rest will remain outsourced. Generally speaking some of the developpers speak good English and so with Jira and Figma it works.