Pros
Flexible schedule, unlimited vacation, work life balance
Cons
Engineering is second to project management and an owner that makes decisions with his gut. Company will throw technology into the market without doing any actual engineering. Company has a bad rep in the market because they don't train engineers and throw parts at problems instead of spending the time up front to design a system correctly. Company is losing its place in the market to companies that put out products that work as advertised. Promotions happen to people who do the most work, even if it fails and is poorly executed. Manager is not a Professional Engineer, and it is not a priority for the company. Engineers are expected to have answers to problems they did not create and probably tried to stop before a PM decided to purchase. Training is not a priority either, if you work there you better already know everything or you will fall behind. Pay is 20 - 30 % below the market value.