Pros
The idea that the company has chosen to run with is a good one, although not proprietary. The good news is that it may not last much longer as there is an "iceberg, straight ahead" in the form of cash burn and the need to raise funding in an environment that would be challenging for companies that are profitable.
Cons
Internal strife, poor office culture, large layoffs, and fear permeate the organization. Management pits employees against each other resulting in a toxic environment, for all except the office spy (who may be the author of the recent positive but generic reviews.) Our company was recently gutted with about 60% of the staff being cut in CA. Another poster mentioned the revolving door, that is true. Employees that took months to find and hire are pushed out in weeks because they introduce new ways to think about persistent problems or they are treading on internal fiefdoms. Employees try to make decisions and then are railroaded from above leading to managerial paralysis. If you are the kind of employee that wants to make a difference, stay away. The only person whose job is safe is the one who keeps the revolving door oiled. There are divisions internally on the business plan and how it is being executed. Digital Health company INO. Company is moving from Menlo Park to San Francisco, we were given no input on this decision. As another post mentioned, option grants are beginning to look meaningless as the prospect of a down round of financing (or no financing at all) is looking likely given how unicorns with much better business plans are being slayed left and right.