Pros
Free soda Plenty of opportunities to just do the minimum and skate by if you want. Likewise, plenty of opportunities to make up for your coworkers and stand out if you are into that kind of thing. Because everyone is treated like trash, everyone tends to friendly.
Cons
Terrible pay. Not bad for rural Champaign, but definitely not what you are worth. You are going to worry about your job. Everyone from the entry level to the directors can and will get fired for no reason if the CEO is in a bad mood. Projects are always in disarray. Because everybody is scared for their jobs, projects are often times at the whim of the CEO's schizophrenic direction. Get ready to spend a lot of time scurrying to do a useless thing just because the CEO demanded it now and nobody was brave enough to tell him how stupid of an idea it was. Turnover is extremely high. Do not expect to be able to learn from from those more experienced than you, because 95% of people with any meaningful experience has left. People are always looking to somehow pass their work onto you. Because the best way to not get fired is to not do anything, people always try to somehow get you to be responsible for their work. If you are passionate about a project there, get ready to be constantly picking up the slack left by your coworkers. Cross team collaboration doesn't happen. Because helping another team means more work and responsibility, and more work and responsibility means more opportunities to get fired, other teams will almost always do as much as they can to not help your team. This means each time you need something from another team, you will never receive that something in a timely manner if at all. Get ready to go above and beyond your job description, just because another team won't work for you. The company is terribly led. The company is led as if the CEO is a genius and the software it creates is going to change the world any time now. Actually, the CEO is completely out of touch, and the software it creates is objectively bad. The only place the company is headed is down. Do not expect to make any meaningful impact, because the whole company will be unintentionally actively working against you.