Pros
Ownership and some freedom to develop and deliver projects. Early stage members will learn and grow a lot, to some extent.
Cons
- executive team is built by people who don't believe in managers so there is poor growth potential for employees - CTO possesses no real leadership skill and so promotes technical staff by merit of their proximity or similarity to him - CEO employs inexperienced team of founders minions to create KPI and performance review processes resulting in broken, non-transparent review system that doesn't reward anything other than immediate returns (lacks recognition for long-term deliverables) - no recognition for lots of long-time employees (have even seen this with early stage team as well) - trying to launch globally without hiring proper executives on the ground in global offices; all executive staff is hired in London HQ - company has developed into bureaucratic teams with many new hires with hidden motives who secretively bash others' work