Pros
There is a great team spirit and passion to create new products. Most people enjoy coming to work every day. They allow you to rise in job responsibility as you show competence. You get to use your brain and feel busy everyday, never boring always working on the next cutting edge technology.
Cons
You are expected to be responsible for yourself and your work. You are expected to reach your full potential and except responsibility for mistakes. This is ok with me but I have seen people who want to just show up and leave with no passion about their work, they do not fit in. Most coworkers are great but like anywhere you have a few complainers you need to ignore so you can get on with your work, again they usually stay a short time and move on to next several jobs.