Pros
Salary and equity are strong and the product offering has a lot of potential. But, equity is worthless if it doesn't vest and the stock price is next to nothing.
Cons
Genuinely believe that they'll someday write up an MBA case study about how this company imploded from grossly inadequate leadership. This company is nearly without competition in its space. The product has amazing potential. But every quarter the CEO and his broseph friends are chasing the next squirrel instead of focusing on producing a good product and building market share. The market wants to buy our product but this company is too incompetent to execute a proper sales and delivery plan. Layoffs are rampant as the CEO is trying to cut his way to profitability. This is a shrinking org and I strongly urge any job seekers to think twice before accepting an offer.