August 19, 2022
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5:05Now PlayingTech CEO, Dan Price, who was famous for being a good guy who fights for workers and human rights gets exposed for his horrifying actions. Francesca Fiorentini and Erin Ryan break it down on The Damage Report.
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The tech CEO who gained fame after paying all employees at least $70K has just resigned to fight what he calls 'false accusations' of assault
"Dan Price, the Seattle-based tech CEO once lauded a hero for raising his employees' pay, announced he resigned from his post on Wednesday to "fight false allegations."
Price faces a slew of sexual assault allegations from many women, including his ex-wife, alleging that he used social media to launder his public persona and avoid reproach, the New York Times reports.
Price is the cofounder and now-former CEO of Seattle-based Gravity Payments, a credit card processing company. He first rose to prominence in 2015 when he announced he would slash his salary by $1 million and raise all of his employees' pay to a minimum of $70,000 per year."
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