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It looks like my colleague Jazz Shaw first wrote about Dan Price back in August of 2015. Price is the Seattle CEO Gravity Payments who made a lot of news when he announced he’d be paying his employees a minimum of $70,000 each and cut his own salary from just over a million dollars a year to $70,000.Dan became a mini-celebrity for these efforts. Esquire called him a “folk hero for the age of inequality.” In a separate story published in 2016, Esquire reported that Price’s background and motive weren’t as pure as it may have appeared.In a TEDx Talk...

Dan Price, Gravity Payments’ CEO who has drawn national attention to company-wide wage discrepancies by raising his employees’ minimum salaries to $70,000, has been charged with two counts of fourth-degree assault and one count of reckless driving in Seattle Municipal Court. The charges stem from an alleged assault with sexual motivation. Price is also being investigated for “felony rape of a drugged victim” charges stemming from a Palm Springs incident in April of 2021, according to a Palm Springs Police Department report. That case will be referred to the Riverside County District Attorney’s Office “in the near future,” a spokesperson...

You probably remember the story of Dan Price, the owner of Gravity Payments in Seattle. He’s the guy who decided to give everyone working there a raise to $70K and cut his own pay to the same level in an effort to wipe out income inequality. He became an overnight star on the Left and was making the rounds of all the liberal TV shows. Everybody loved him.Yeah, that guy. What ever happened to him? (Slate) Price isn’t backing down about pay going up. Now he’s going all in. He revealed to Inc. that he has sold all his...

He hit headlines earlier this year for declaring every one of his 120 employees would earn a minimum wage of $70,000. But now Dan Price - CEO of Seattle-based credit card processing firm Gravity Payments, who lowered his $1 million salary to better compensate employees - has fallen on hard times as a result of his bold move. However the 31-year-old, who is renting out his house to keep the salary increases going, refuses to give up. 'I'm working as hard as I ever worked to make it work,' he told The New York Times. 'I haven’t made this little...

They say what goes around comes around. In this case, ignore the basic laws of economics and human nature, and you’ll soon find yourself living in a van down by the river. That looks to be in the very near future for one liberal CEO who insisted on making a political statement about the minimum wage, rather than looking after the best interests of his employees and company. We predicted this would happen. But then again, conservatives tend to understand basic economics better than your typical liberal nutcase.

When Dan Price, CEO of the Seattle-based credit card payment processing firm Gravity Payments, announced he was raising the company's minimum salary to $70,000 a year, he was met with overwhelming enthusiasm. But in the weeks since then, it's become clear that not everyone is equally pleased. Among the critics? Some of Price's own employees. Two of the company's "most valued" members have left the company, "spurred in part by their view that it was unfair to double the pay of some new hires while the longest-serving staff members got small or no raises." Maisey McMaster — once a big...