Pros
Good benefits and medical is all paid for by the company. The office is pretty sweet and it has a deck, which is a good thing because you'll be spending most of your life inside. There's also the committees which keep the social outings coming, however this can be a little overwhelming, especially when your social life dies from the long work hours.
Cons
This was once an inspiring place to work. Carrot once cared about the people they hired and this used to feel like a somewhat democratic workplace. None of these things exist anymore. Senior management are incredibly belittling, and provide no opportunities for growth. They hire and fire on a whim and treat their staff like children. Staff used to work here for 5+ years - this too is a thing of the past. The turnover rate is insane at the moment and this is largely to do with their terrible hiring process and staff just having enough of the bullying. This might also be a throwback from the recent acquisition by Vice, of which many employees were promised by senior management that "we'd never sell".