Gravity Payments' $70K minimum salary: CEO Dan Price shares result over a year later

It's been nearly a year and a half since CEO Dan Price announced plans to slash his roughly $1 million salary to $70,000, also making that the minimum salary for all the employees at his credit card processing company, Gravity Payments. The move shocked the business world and thrust the 32-year-old into the spotlight.

Since then, a lot has changed. After the initial flurry of praise — and then resumes, of course — there was the inevitable criticism: Was this all really a clever publicity stunt?

Looking back, Price insists it wasn't. But he also knows the experiment was, at least in part, a deliberate business move.  Read More