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Gravity Payments CEO Dan Price resigns
- readonthegoapp 4y ago> Dan Price, CEO who contrived scheme to cut his brother out of company and earn social media fame in order to abuse women, quits amid legal woes Fixed.
- croes 4y agoWithout proof that's defamation not a fix
- readonthegoapp 4y agoBy 'proof' I suspect you mean, at a minimum, the following? > a conviction in a US court of law for at least the specific crimes alleged, or more serious crimes/charges/convictions of the same nature.
- jfim 4y agoThis NYT article elaborates on the "legal woes." https://www.nytimes.com/2022/08/18/technology/dan-price-resign-social-media.html https://www.nytimes.com/2022/08/18/technology/dan-price-resi...
- dwaltrip 4y agoTl;DR He appears to have a track record of abusing women.
- pvaldes 4y ago
- nl 4y ago
- ctrlmeta 4y agoCan we stop with this unfounded speculation please? These are real human beings we are talking about with serious allegations. Let the court follow its due process and come to a decision. The jury is still out there. Innocent until proven guilty. All this armchair criticism and judgement on HN is turning out to be a very poor reading experience.
- watwut 4y agoClaiming she is accusing him for "for sweet money" is as much unfounded accusation as the response to it. Actually even more if you look at the actual content of what posters wrote. While the response you reacted to contained mild claim, the original one was flat out vilification and direct accusation. Why is it that the former one is acceptable, but people who respond to it have to tip toes around?
- deleted 4y ago[deleted]
- ctrlmeta 4y agoI agree with you. I did not mean that the former comment is acceptable. Both comments are not unacceptable. I chose the lower comment to reply to. That might have given that impression. But I find speculation for either sides to be problems. Nobody should have to tip toe around. A good response to the speculation in upper comment could have been to point out that it is speculation and unfounded, not make more speculations!
- nl 4y agoWhat part of my comment was speculation? I pointed out facts in the story.
- syspec 4y agoWow that's a hell of an article! It just got crazier and crazier
- synu 4y agohttps://archive.ph/ndp3N https://archive.ph/ndp3N for those without a subscription.
- ripper1138 4y ago> “He said it is so hard being him in the world because of his intelligence,” she later recalled.
- lexapro 4y ago>After Ms. Margis liked one of his Instagram posts in 2020, Mr. Price, who was 35, messaged her: “Happy Valentine’s Day beautiful!” This already is a huge red flag in my opinion.
- tibbydudeza 4y ago
- quickthrower2 4y agoApple
- syspec 4y agoThe CEO and company are from Washington State, but go on...
- quickthrower2 4y ago“Silicon Valley” is a culture not just a physical location.
- askafriend 4y agoThat’s like saying you can be a New Yorker without living in New York. Just ain’t possible. Culture comes from circumstances, weather, geography, history and so many other things. Something is always lost when you try to copy it without the context.
- Apocryphon 4y agoBut Silicon Valley isn't even a fixed geographical location before. It used to refer only to the South Bay. But during this tech boom, it has spread to as far as San Francisco to the north, and to the East Bay. It's a very fluid entity with no fixed boundaries. Facebook was started at Harvard, it only moved to Palo Alto later on. Does that make it truly a Silicon Valley company, or a johnny come lately? What about Amazon or Microsoft, the standard-bearers of the Seattle tech scene? Are they somehow not Silicon Valley even if their industry impact and business practices line up exactly with the rest of the Silicon Valley crowd? Perhaps it can be said that in some contexts, "Silicon Valley" can be synonymous with "the American tech industry in general."
- dwb 4y ago
- chitowneats 4y ago
- proxyon 4y agomany such cases
- ben_w 4y agoWithout commenting on the actual story, human morality isn't a single switch (or even dial) with evil on one side and good on the other — it is entirely possible to be a demon in one aspect and at the same time an angel in another. For example: Washington bought slave's teeth, with circumstantial evidence those teeth ended up in his mouth. By the time he died, he was against slavery but didn't seem to know how to approach the abolition of the practice. People are complicated.
- wesleywt 4y ago[flagged]
- filoleg 4y agoWanting to do good and talking about doing good in proportional amounts to the (a lot of) bad you are doing (as well as a solid way to gaslight everyone and drown out the negative sentiment) are not the same thing. Virtue signaling refers to the latter, not the former. No need to invent strawmen to "dunk on conservatives", conservative politicians give plenty of actual legitimate reasons to be disliked.
- ben_w 4y agoI first heard "virtue signalling" used to describe why people buy expensive Rolex watches even though they're worse at keeping time than a F-91W. And of course, dismissing someone as "virtue signalling" is itself an act of virtue signalling in the other sense.
- junofan 4y ago
- polote 4y agoIt didnt quit because of his salary, this is clickbait
- danielunited 4y agoProbably bulshit
- jongjong 4y agoI'm thinking that he wouldn't have been allowed to become successful unless there was dirt on him. It's the sad reality nowadays that the only people who can speak for the average person and for what's right are compromised in some way... They have to be compromised in order to be allowed to get that kind of reach. Still, the accusations against him sound kind of hand-wavy... The 'waterboarding' thing sounds bad but if consent was given and it was done out of curiosity or thrill-seeking then there is no crime there.
- vasco 4y agoWho's "allowing" success, I'd like to make an appointment?
- bratbag 4y agoForget about the power and just ask for some compromising situations.
- jongjong 4y ago'They' are a bunch of algorithms and they don't take appointments. Just say a lot of positive things about the following topics on social media and the algorithms will start working for you: - Fiat monetary system - Banks - Big corporations - Big tech - Hedge funds - Billionaires - The importance of censorship to prevent misinformation - Executive bonuses - Surveillance - The need for more regulations - Big government - Stakeholder capitalism - Climate change - Inclusivity Never say anything negative about them. Only positive but try to keep it realistic, don't go overboard because the algorithms might interpret that as sarcasm. You're welcome.
- cbg0 4y agoThis is some serious tin foil hattery you've got going on.
- jongjong 4y agoIt doesn't require a conspiracy for tech platforms to modify their algorithms to promote certain agendas. Governments can print unlimited amounts of new currency; this provides them a mechanism to distort the markets to reward activities which suit their agenda. ESG is a prime example of that. Even wars happen in a large part because governments can print unlimited money and hand out huge contracts to weapons manufacturers. The government doesn't care about net losses because citizens are the ones who will pay through inflation... So long as the politicians' buddies who head the weapons manufacturing companies can rake in the profits, all is well. But government agendas extend far beyond just wars; they extend to just about every aspect of the economy these days. Efficient market hypothesis is becoming increasingly irrelevant as government intervention in the economy increases.
- ggambetta 4y agoI hope this means he'll stop posting the 70k story every other day on LinkedIn. Only person I've ever had to block there. I didn't follow him, but too many 2nd+ degree connections liked his posts to make it too much for me.
- bhupy 4y agoSame here, he is my one and only LinkedIn block. Given how anodyne (even if sometimes vapid) most LinkedIn activity is, it’s quite a feat of obnoxiousness to get yourself blocked on LinkedIn, of all places.
- yieldcrv 4y agoI did the same thing, so obnoxious and redundant
- ThePadawan 4y agoParent did say it was LinkedIn, yes. /j
- blippage 4y ago“The one moral CEO in America.” That's up there with Ken Lay's proclamation that Enron set the bar for corporate ethics (I can't find the exact quote, and obviously before the collapse). 'The louder he talked of his honor, the faster we counted our spoons.' -- Ralph Waldo Emerson. Anyhoo, I have no actual idea if the accusations against Price are founded or not. That's for the courts to decide. I'm not into the whole "trial by Twitter" thing.
- polote 4y agoI can't understand why people believe the people being able to make the more noise about a topic are actually being the best at that topic. The reality is that the people who get the more noise are just the best marketers
- antupis 4y agoThere has been plenty of those accusations like waterboarding his ex-wife and usually no smoke without a fire is pretty good thumb-rule about these things.
- Lucasoato 4y ago> usually no smoke without a fire is pretty good thumb-rule about these things No, that's exactly the reason why trial by Twitter shouldn't be done, you don't know what actually happened.
- addicted 4y agoThis isn’t trial by Twitter. This is actual human beings approaching legitimate newspapers with fact checking departments and legal departments and risks of defamation lawsuits, providing their stories and attaching their names to it. Everyone of the entities involved are at risk of being sued for defamation if they are lying in this situation. The fact that people can’t tell the difference between Twitter BS and actual news claims is a true indictment of modern society.
- 4y ago
- istinetz 4y ago
- ctrlmeta 4y agoExactly! HN is full of armchair judges, armchair scientists, armchair inventors, armchair researchers, you name it! More likely than not, their comments are going to be negative, belittling and demorsalizing to actual human beings involved. This goes both ways. We don't know which party is guilty. It could be the women. It could be the defendant. We don't know. We don't have access to the case files. The jury is still out there. Pretty sure this is not how the HN commenters behave with their colleagues in real life or they would be without jobs pretty soon. Pretty sure they would hate it if they were the target of such comments that they spew out here. But here on HN, it is just so easy to sit behind a keyboard and become an armchair expert in everything and attack others or their work or their inventions or their writings. Absolutely deplorable. I am very disappointed!
- comfypotato 4y agoFYI I’m replying with a humorous (to me) notice. While many HN folks fit your “armchair” statements, I can’t help but think that (as programmers) we generate a lot of value while sitting in chairs that have armrests. I haven’t read the article yet (I generally check the comments first to see if it’s worthwhile, and this one looks interesting), but I can’t help but contrast your opinion with the idea that your “armchair judges” have a level of (pseudo?)intellectual value that I appreciate. I have good experience using the opinions here as a good “tell” whether or not internet content (like the current article) is worth my time.
- cycomanic 4y agoAsk yourself, would you let your daughter/spouse/sister go on a date/business dinner alone with him after reading the times article?
- yieldcrv 4y agosocial discretion has nothing to do with the legal system that being reiterated, thats a total nightmare for the guy in that couple to reinforce his girlfriend to see Dan, another man, and then needing to rescue her from peril, whether that’s just reckless driving that made her uncomfortable and putting her in danger or if thats includes a someone (Dan’s) hand on her neck and that crossing her boundaries and that relationship’s boundaries (I would say consensual or nonconsensual, but these are things I don't know with this dynamic, read below). Thats nightmarish when I think about people I love. I find it interesting that they both made a trip to Seattle from San Diego and the boyfriend was therefore available to rescue her by car, I am wondering if that context was made clear during this date with Dan. This doesnt excuse any nonconsensual thing, there are some aspects I find completely foreign.
- deleted 4y ago[deleted]
- mrweasel 4y agoI hate these stories, because we have no idea which side is true. The reckless drive is the only charge than can be proven, or at least have vitnesses. Criminal charges really should be kept out of the media until there’s enough evidence to jail the suspect. This is to protect both sides.
- webmobdev 4y agoExcept for politicians (and perhaps government officials)? Rich people?
- ainar-g 4y agoThe moment you define “rich people”, though, all people who fit that definition will suddenly transfer all of their assets to their spouses and immediately divorce them, heh. Assessing a person's actual worth is not an easy task. Not impossible, mind you, but not easy.
- deleted 4y ago[deleted]
- curiousgal 4y agoI am a woman and just scrolling through the NYT article header made me cringe, it felt like a hit peice. Judging by how previous incidents have been portrayed by the media, NYT included, I never take sides. It's up for the courts to determine this.
- telltruth 4y ago
- sofixa 4y ago> Criminal charges really should be kept out of the media until there’s enough evidence to jail the suspect That's why some countries in the EU, and the UK, have laws protecting the identity of people until after sentencing. E.g. in Bulgaria only their initials can be used, and no photos are allowed. In the UK, they just vaguely describe them (footballer from Manchester in his 20s accused of sexual assault).
- black_13 4y ago
- eunos 4y agoHmm from the article, his issues are unrelated to his salary policy but something else.
- manholio 4y ago
- stormdennis 4y agoSounds like lots of women wanted him and he wanted lots of them. But they didn't want to share. Mean.
- mcurial 4y agoAn anecdote of why we should be comfortable with not idolizing any moral figures and yet respect whatever good things they've achieved / done. I guess this dichotomy of how broken men / women can also do great things or how great men / women can also do bad things is something we have to deal with in the real world. Could I point to DC Comics for some simple life lessons on that?
- carlsborg 4y ago"Gravity Payments, which helps businesses process mobile and point-of-sale payments, cleared $6.5 billion in transactions for more than 12,000 businesses in 2014." What exactly is the business model here? What do they do?
- sytelus 4y agoI don't know about Gravity Payments but one of the huge money making machine in credit industry is collections. If you can figure out tricks to have people pay off their debt without getting dragged into expensive court, you get a huge portion of the proceeds. Many people would just pay things off right away because they did not notice library fines and things like that. As collection agency, you get huge cut for basically locating a person and sending them $0.25 mail.
- 55555 4y agoOk cool but yeah that has nothing at all to do with what they do. They’re like Stripe. They help you charge cards.
- sgift 4y agoAllowing you to accept something other than cash without the hassle of interacting with a myriad of banks (and their APIs) yourself. They either give you a terminal to do it or an add-on for whatever you have currently. And they do the same for e-commerce.
- fredgrott 4y agoWhat one should read into this is that Those who crow about their Good Works are often not the gold they claim. The one who needs no ego boost for doing moral things, is often what they fail to claim themselves, i.e. moral. It's the whole principle around anonymous donor, if you happen to follow it.
- londons_explore 4y agoThis really is a good reason to keep personal and professional lives separate. I'd like to see more people having one name at work, and another for their personal life, and keeping each compartmentalized. It's legal to do in England for example. You can have as many names as you like, including surnames. To use multiple names for the purposes of furthering fraud or evading the police is illegal though.
- subpixel 4y agoI do this. But what I lack is a tool that lets me choose the caller ID for each contact. I’m too lazy to get two phones.
- 55555 4y agoIf you get two phones your partner will think you're cheating and the police will think you're a drug dealer.
- formerly_proven 4y ago"But you never wore a ring, I didn't know you had a wife." -- "And my wife doesn't know I have a job, I keep my personal and professional life separate." Western names are really odd and strange. So many people named after the fact that their grand-grand-grand-fathers did a certain job or people named after the city their forefathers used to live in and stuff like that. We think of names as fixed, but really the only reason they are like that is to support bureaucracy. A fluid relationship with names seems strange and exotic to us, but is far more natural.
- adev_ 4y agoAnd again a good example of American Puritanism where someone pass from the status of Hero to Paria as soon as someone discover he has flaws. Everybody is flawed, damned everybody, including yourself. And the most extraordinary people are, Often the less acceptable in term of social norms they are too. - The Most brillant CEOs are often terrible family Dad and with psychological/narcissist problems.... Still they are giving people jobs and making the world a better place. - Many Brillant scientists have asperger syndromes and are asociable nightmare for the people that work with.... Still brillant scientists that make the world a better place. - Many authors have self-destructive syndromes and chronic depression affecting their close relative. Still they wrote amazing piece of art. Same for actors, authors, philosophers, producers, political figures.. your neighbor, everybody. Nobody is ever perfect even close to this fake perfect public image hero they try to create. That apply to Dan Price too, whatever he did. Maybe it is time to grow up America and accept the world as it is.
- JackFr 4y ago> That apply to Dan Price too, whatever he did. > Maybe it is time to grow up America and accept the world as it is. What does that mean? I think I understand your point - that people like to create hero-narratives that are mostly not true, and that at high levels of achievement some very successful people carry the seeds of their own destruction. Fair enough. But the Puritan America that you want to grow up is a straw man. And Dan Price is a effectively a nobody, who either assaulted someone or didn’t and as he’s been formally accused, it’s for the courts to adjudicate.
- adev_ 4y ago> Dan Price is a effectively a nobody Dan Price is not a nobody. He is a public figure, frequently in TV and media presented regularly as "The alternative CEO model that arrive to give to his workers excellent working conditions while having a successful and growing business". And yet, I can bet with you that whatever the judgement of the court will be, the American press will now (opportunistically) vomit on him for the rest of his days.
- 4y ago
- danaris 4y agoThe really unfortunate part of this is the number of people who will use this as evidence that what he did with Gravity Payments either simply doesn't work, or is an actively bad idea. Because, as several others here have pointed out, either someone is a Perfect Paragon of Purity, or they are Evil To Be Shunned And Cast Out...and everything associated with them must follow in either case.
- nytesky 4y agoAs the sole shareholder, does that mean he is reaping all the profits? It sounds like they had millions in profits from the article? That is quite a niche for a small company to carve out, when their competitors are stripe etc
- 55555 4y agoI understand that our current society expects me to believe by default his wife's accusations of sexual assault, but are we also supposed to believe that he waterboarded her, as she alleged in a TEDx talk? (I actually think he is likely an abuser, etc., and it seems like the 70k thing was in response to a lawsuit, but c'mon I really doubt he waterboarded anyone.)
- corncheese 4y agoThe 70k was already in the works before the lawsuit. https://www.geekwire.com/2016/dan-price-70k-ceo-prevails-suit-filed-brother-gravity-payments-co-owner/ https://www.geekwire.com/2016/dan-price-70k-ceo-prevails-sui...