Gravity Payments Owner, Dan Price, steps down as CEO in performative ruse ahead of damning article

I love and will always love Dan Price.

25 things about Gravity tho

  1. The promise of the $70,000 min wage was to satisfy a WA Labor Board requirement to put an entire company under NDAs.

You: Doesn't matter. He pays $70,000 right? $80,000 now?

  1. In 2022, he pays that and more to a very few, scripted by Brooke Carey: https://www.linkedin.com/in/brookecarey.

You: Can I get in this club?

3: You cannot get in this club. It's a 2015 club. Or it pays under market and you do not want to be in this club.

  1. Dan's heartfelt bio Worth It is ghostwritten by Brooke.

  2. Dan's social media is written by a dwarf/shawty who resigned from the Seattle Weekly for dangling the hope of freelance employment with his nerdy lame sex chat. Maybe it costs money to improve the looks but it costs nothing to improve the chat

  3. Dan had been served two weeks prior to the $7 promise for the 2015 trial where his brother said in nook court that Dan had been sugaring two Miss USAs (Trump's ripoff of Miss America) at once and charged it to Gravity, which he said made little profit.

  4. Dan payed himself the first million salary out of the equity -- not profit -- months after the 2012 divorce from his wife to splash out.on the ultimate pool house. Wife agreed to get nothing from it because she was shown by him that the 'family business' that she was jeopardizing made little profit.

You: rube?

  1. Yep. Straight outta the rural. But he did say he made $50k at a recorded industry convention when he was paying himself $350k before that then apologized two likes on Twitter for mis-stating.

  2. Million Dollar Salary was approved by his brothr as stock because his brother was trying to sell his own stock for $26M to get out of Gravity Payments. But the law be, you can take pay in cash, if you elect. Surprising the bro.

  3. Dan's prolly not just dealing with Palm Springs. He took a $4.6M PPP grant on the honor system, immediately flagged by a citizen's watchdog agency. You'd have to have roughly every employee at $100k baseline and up for 200, and, many more employees than are listed on Gravity's LinkedIn.

  4. Dan himself blogged about Gravity facing bankruptcy within a four-month runway right before the grant.

You: So did he have fun?

  1. He went on a five-star hotel spree where he's taking a selfie in his undies. Not fun to me idgaf about bespoke dresser sets, but he looked like he had fun.

His trend was dating immigrant-American girls from high-tolerance-for-shenanigans-4th-world-countries, but $4.6M revealed a whole new taste and type, a minor checkmark with a blond salon job.

  1. I also have a high tolerance bc I also come from a humble background. I'm not fronting. I'm the ultimate faithful person and that's what makes me so freakin alluring

  2. Dan started an outsourcing-to-India corporation in 2021.

  3. Dan outsourced his senior tech role to India. That employee is right there on his LinkedIn. You want business CC security run from India?

  4. Oh wait Dan didn't even run Gravity, he was showing up once a week before COVID. The day-to-day runner was a lifetime CC exec from a mega corporation.

  5. If Gravity's Glassdoor reviews are Parks and Rec, the ChargeItPro reviews from when Dan owned it, I guess are the Office. I'm saying it's free entertainment.

  6. So they not just Dan focused on restaurants with language barriers, one of their hooks was ultrasimplified forms. Not a bad idea but at the same time? The other hook was, "nonstandard" "nonbank" loans.

  7. His exes had uniformly bad taste in art, that's the only thing I'm judging him for. Thanks for subjecting me to that.

  8. Dan got an executive compensation company to approve the Million Dollar Pay based on an exit. startup model where you automate and stuff. But that would require transparency to the purchasing entity nowadays.

  9. One interviewee in Twitter notes some pretty funny 'test' involving Dan bursting into the room during a low-level interview, and asking this new stranger if she could help him find his keys out there.

  10. Dan had 13 FT employees working on publicity.

  11. I'm not, for the most part, writing about the same things the Harvard-trained investigative reporter was.

You: That's amazing.

  1. What's more amazing is I like Dan. I don't think whole body condoms exist yet, but I'd consider one with him.

  2. NDA states no negativity about Dan or anythingthat he's ever involved with for the rest of their life. Well, based on the employee posting on the suspended 401k and ex-employee Bobby posting that he's met with the Theranos investigative reporter dunno. Veil's crackin'.

  3. Semantics were insane. Before the $80k bump for the CBS and People were saying he paid not he pays*. bc Gravity for a brief second was between adding the Boise corporation and meeting it's $70k promise with those that lasted.

  4. The sUrPrIsE tesla was a $900 month payment.

  5. When a girl can't get back to your phone call at 2.30 in the morning, Dan, it's bc her phone is on a WI-FI plan where she has to walk 6 dirt blocks in the dark to get to it.

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