Pros
Most of the creative staff, artists, designers, animators - those people are nice and usually fun to be around.
The kitchen is nicely stocked and free!
The equipment, tech, and office are new (mostly) and functional.
Cons
Senior management from mid-level to the very top (owner) is atrocious. They're inept, bland, arrogant, mean-spirited, false, and really shouldn't be in animation at all.
Parking is typically terrible - that includes traffic.
The hours and workload are hardly manageable which makes you paranoid about being cut because you're always under the gun.
Overworked, underpaid, very underappreciated.