Pros
The only pros are the great colleagues you get to work with. You become close to them in the way you would if you were serving time together or fighting in a war. And like either of those scenarios, you try to help each get out in one piece.
Cons
This place is insanely understaffed. Editors manage two websites each and are expected to post three stories a day on each site, post each story on three social media channels, and manage huge projects for each site. That would be bad enough but you’re also grossly underpaid with no benefits (unless you count $100/month towards your high health insurance premium) and treated with total disrespect by the two owners who call, slack, text and email you early in the morning, late at night, on weekends and even holidays. There is no vacation benefit to speak of, because you have to do all your work in advance before you leave since there’s no one to do it for you. You might develop physical and/or mental health problems as a result, until you come to the same conclusion as everyone before you: the only sane solution is to leave.