Dan Price

Dan Price is an American Internet entrepreneur. He is the CEO of the online credit card processing company Gravity Payments, which he started while a student at Seattle Pacific University. He gained recognition after he raised his company’s minimum wage to $70,000, and lowered his wage from $1.1 million to $70,000. He extended the same minimum wage to all employees of ChargeItPro, a company Gravity Payments acquired. In March 2020, Price said that the pay raise has worked well for the company in particular, but he hesitated to call it a full success because income inequality in the broader world has continued to grow.