Pros
The remaining few racing-savvy employees are terrific to work with, if marginalized by the executive office. Free coffee Work-from-home opportunities, but at a price.
Cons
Decrepit work space. Open plan for everyone except the executives (who have giant office where conference and break space used to be). No raises, often for years and years on end. Executives get bonuses every year though, handed out in front of the employees. Not a female-friendly environment, unless you are a secretary or a marketing drone. Top-heavy on the executive side, with very few "worker bees" left to carry out the tasks endlessly assigned to them. Management will pull matching 401K funds when they need to pump up their numbers to lure venture capitalists. Ownership turnover from venture-capitalists to venture-capitalists means that management has very little interest in anything other than their own equity shares. Be prepared to work 7 days a week, weekends, holidays, and vacations - without any financial compensation. Monthly, mandatory "pat the executive on the back" meetings that only serve to stir discontent and unhappiness with the actual workers. Think Walmart workers' rallies.