Dan Price Says Reports He Abused His Ex-Wife Are False

Kristie Colón reportedly recorded a TEDx talk where she accounts physical and mental abuse at the hands of the Gravity Payments CEO, according to a report in Bloomberg Businessweek.

learn more about Geoff Weiss

By Geoff Weiss

Dan Price | Facebook

Opinions expressed by Entrepreneur contributors are their own.

Dan Price, the Gravity Payments CEO who has become a national symbol of corporate good after raising his employee pay this year, is denying claims in a Bloomberg Businessweek story that he physically abused his ex-wife while they were married.

In a TEDx talk scheduled to be posted next week, Kristie Colón, a San Francisco-based biotech executive and blogger, claims she was the victim of numerous abuses suffered at Price's hand during their seven-year marriage, according to a report in Bloomberg.

During the TEDx presentation, the Bloomberg report says Colón read from her diary about how her then-husband "threw me to the ground and got on top of me. He started punching me in the stomach and slapped me across the face. I was shaking so bad," (TEDx has not yet responded to a request to make the full video public early.)

Colón does not mention Price by name, according to Bloomberg, but she has only ever been married once. "Kristie was married at 20, divorced at 27, and lived through a relationship that was abusive in every sense of the word," according to the description of her talk on the TEDx website.

Related: Dan Price Says Personal Cost of Salary Plan Was Worth It

Later in the talk, according to Bloomberg, Colón recounts locking herself in the car because she is "afraid he was going to body-slam me into the ground again or waterboard me in our upstairs bathroom like he had done before."

Colón is the marketing director at San Francisco skin care firm Skincential Sciences and the creator of a blog called Kristie Was Here "about dating, death, divorce, suicide, vulnerability, family, and friends."

In an interview with Entrepreneur, Price said he was "shocked at the allegations from Bloomberg Businessweek and I don't have any evidence that there are actual allegations, but the information that Bloomberg Businessweek claimed to have relayed to me is completely false."

Initially, Price declined to deny the allegations to Bloomberg, according to its report. "I'm just going to take a second because this is very surprising to me," Price is quoted as saying. "I appreciate and respect my former wife, and she played a very positive role in my life. Out of respect for her, I wouldn't feel comfortable responding to a supposed allegation she may have said coming from a Bloomberg Businessweek reporter when I have absolutely zero evidence of an allegation being made."

Related: When Doing Right Turns Out to Be Very Wrong

Then, three hours later, according to Bloomberg, he emailed a new statement: "The events that you described never happened."

Price, who was Entrepreneur's Entrepreneur of 2014, is no stranger to controversy, given his decision to establish a minimum salary of $70,000 for employees and lower his own pay to that level, from $1 million. That move has been both widely celebrated but also opened him up to controversy and backlash. He is in the middle of a lawsuit with his own brother over profits from Gravity, as well.

But the details of domestic abuse Price has been forced to address raise the tone of the criticism. If proven true, they are a career-killer for business leaders. Last year, tech company RadiumOne fired its CEO and founder, Gurbaksh Chahal, after he pled guilty to assault. Chahal had been facing 45 felony counts related to charges he assaulted his girlfriend 117 times in a 30-minute period. In the end, the guilty pleas were for misdemeanors for battery and domestic-violence battery. He was sentenced to three years probation, a year's attendance in a domestic-violence program and 25 hours of community service.

We haven't determined yet if Colón, who did not respond to request for comment, ever filed a police report over the abuse claims. We are looking into the matter.

Related: The Valuable Lessons These CEOs Learned About Leadership

Geoff Weiss

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

Related Topics

Editor's Pick

This 61-Year-Old Grandma Who Made $35,000 in the Medical Field Now Earns 7 Figures in Retirement
A 'Quiet Promotion' Will Cost You a Lot — Use This Expert's 4-Step Strategy to Avoid It
3 Red Flags on Your LinkedIn Profile That Scare Clients Away
'Everyone Is Freaking Out.' What's Going On With Silicon Valley Bank? Federal Government Takes Control.

How to Detect a Liar in Seconds Using Nonverbal Communication

There are many ways to understand if someone is not honest with you. The following signs do not even require words and are all nonverbal queues.


Get the Best Price Online for This Dog Health Test

This simple test includes insights into 20 areas of a dog's health.


3 Daily Habits That Will Positively Affect and Protect Your Mental Health

Starting simple with daily habits can work wonders in improving your mental health.

Celebrity Entrepreneurs

'I Dreaded Falling in Love.' Rupert Murdoch Is Getting Hitched for the Fifth Time.

The 92-year-old media tycoon announces he will wed former San Francisco police chaplain Ann Lesley Smith.


Are Co-Working Spaces Worth the Money?

Here's how to determine if a co-working membership is right for you.