When Zimmer bought Paragon, managers started calling to poach staff. One speaker watched IBM do the same thing: buy successful companies, then slowly dismantle them. Big orthopedic firms acquire the shiny target but destroy what made it work.
Yeah, I've already gotten a couple of phone calls today from trees managers, uh, basically asking me for information or numbers to try to pick off some of the Paragon guys.
Yeah, I mean, you know, Zimmer may want to keep them, but they may not be able to keep some of the, the better ones. And, you know, in my experience, having been through this, you know, I was at a company bought by a large giant company. It happened to be IBM. I mean, these big companies, sometimes they just can't help themselves. Yeah, you know, they buy something that, you know, is performing pretty well. They were attracted to it. It's a nice shiny object, and then little by little they start to tear it apart. And, you know, I, I think it's, it's, uh, Zimmer has that reputation, certainly.
Yeah, I don't think, I don't think, uh, like Zimmer type cultures or big company cultures necessarily respect the cultures that grow up in a company like Paragon.