Pros
The benefits and flexibility are great and lots are different than other companies. Alcohol flows freely and partying is viewed as a collaborative tool, so if you're a big drinker you will fit right in. Sometimes the great benefits are kind of a smoke and mirrors thing since the company tends to pay under market rates for many employees, but there are bonuses that can make up some of the difference.
Cons
The company was once a revolutionary, creative, and highly intellectual workplace, but most of the people who made it that way seem to have been pushed to the corner or pushed out. These days "innovation" has morphed into a “freewheeling” atmosphere that really just feels like a frat house or a high school clique. As other reviews have stated, there is a constant state of flux. But it goes way beyond making employees more innovative, and instead can be confusing to the point of paralyzing and pointless. Eventually people realize the strategy is that there is no real strategy. It’s hard to work on projects that turn out to be whims that nobody ends up caring about even though there was supposedly excitement about them from the top. Some high-profile whims become major business mistakes, a lot of them have to do with chasing short-term goals or things that have nothing to do with the core business. Too much base marketing (our customers hate it too and find it embarrassing), but that ship has sailed and the brand is in many ways tarnished beyond repair. Also, despite the “transparency” buzzword, the truth is that most people don’t know why some employees are viewed as “top performers” and promoted and others are demoted or even let go which makes people spend more time “networking” and being political with each other than being productive. Definitions of success and failure seem like who’s popular or now and has infused the office with a toxic "every man for himself" atmosphere. Speaking of men, it’s also not an easy place for females to succeed, period. There’s also a massive HR team that despite (hopefully) good intentions isn’t really effective, and other employees seem to be judged much more harshly about success or failure than that team is. There are lots of miserable people at the company right now, so things are going down a bad road.