Pros
All pros are from a past era - used to be a smart, nimble team of collaborators with co-founders actively involved and listening. Team could move mountains and they were thrilled to do so. Driving strong product innovation and a consumer-focused strategy leading to explosive growth, but after a while the wheels came off - no more focus on product, no clear consumer focus, complete dismantling of any brand equity, utter confusion at exec level. Millions of meetings yet nothing got done.
Cons
Bickering and lack of focus at executive level. Inability to set a clear strategic vision for company which leads to significant waste of capital resources, time and employee morale in the hot pursuit of endless "emergencies" and "reprioritzation". Everything is a firedrill - "do it my way and do it faster" with little attention to market research data, market maturity or to any other valuable input easily attainable by listening to the team members in the trenches. Entire teams of people have left company in droves in last year to the point that HR is now encouraging current employees to post positive GlassDoor reviews. (Entire Marketing team pretty much got up and left and continues, product team, tech)