Dan Price
Founder of Gravity Payments;
In 2015, I took a million dollar pay cut to raise the minimum wage at my company to $70,000 per year (Now $80k).
The news says we are out of business even though we are thriving 🤷♂️
Dan Price is the founder of Gravity Payments, a company that is still running. He previously served as CEO and advisor at Gravity Payments.
Dan Price
In 2015, Dan Price, the CEO of Gravity Payments, announced that he would take over a $1 million pay cut and raise the minimum wage for everyone at his company to $70,000. Now five years later, he joins us to discuss cutting his salary again, this time to $0, to keep his company and employees afloat during the COVID-19 crisis. He shares details from their brainstorming session during this difficult time, and the way the Gravity Payments team has come together will truly wow you. Dan also reflects on the publicity he received after his big announcement, the lawsuit that…
Organizations
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Gravity Payments Founder and CEO, CEO 2004–2022, Founder, Advisor 2022, Founder 2022, Former CEO 2022 · current
Education
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Seattle Pacific University
