Pros
IV is pioneering a new asset class and business model, so there is no well trodden path to simply follow what others have already done. This creates massive opportunity, but one needs to be a "go getter" and accept that things will fail from time to time which is at the essence of invention itself. However, the type of person that succeeds is one that is strong willed, inventive, persistent and can collaboratively work with others and clearly understand the strategy and translate that into tactical deliverables. From the leadership down everyone is hard working so don't expect to coast along ... its not that kind of place ... Also people who do well are those that grab responsibility and lead rather than being told what to do. The Finance management do a great job at keeping that balance which promotes opportunity to succeed. I can't think of a more invigorating and challenging place to work ...
Cons
IV is not as competitive "pay-wise" as the street so many good people have been poached. It's traditionally spread the compensation more broadly at year end, than being targeted to those that really make a difference and will commit to the long term. Given the state patent market, its feeling a little bit vulnerable now, but its poised to re-bound.