Gravity Payments CEO might have had other motives in paying all his workers $70K « Hot Air: "That certainly adds a new element to the mystery. The fight between Price and his brother predates his magnanimous gesture and the brother was trying to force him to buy him out after Dan Price had bumped his own pay up by more than a million dollars per year. By jacking up the rest of the labor costs in a small company with limited revenue, the cash value of the place was drastically reduced so the brother wouldn’t be able to cash in for very much.
Is that’s what’s at the bottom of all this? Rather than being a warrior against income inequality, perhaps Price was a guy trying to win a financial battle against his partner and then decided to capitalize on all the good publicity which fell out from the pay raises. Wouldn’t that just be an interesting scenario if that’s how this pans out?"
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