Pros
Great technical challenges and great colleagues
Cons
A flat and confusing organizational structure where senior management team micro-manages to the point where middle managers become reluctant to make any decisions and become de-motivated. many insulated pockets of people that are "connected" and held to different expectations Senior management team does not want to hear ANY constructive criticism. Products are very low in production numbers and are very very high in complexity. When something goes wrong, which could usually not possibly ever be predicted, Senior management criticism is often swift and extreme and often becomes very personal. Lots of "Monday morning quarterbacking" (with of course, the crystal clear benefits of having hindsight)