Pros
If you have a personal equation with the Founders and Co-Founders, then its the place to be. All the privilieges are available and you can even avoid work. The client can scream but you have all the immunity. Have a drink, a smoke and keep sweet talking to the management and you are set for life. Work can never be an issue.
Cons
If you do not have a personal equation with the Founders and Co-Founders then please please stay away. You will be treated like a third class citizen, all the work will be dumped on you, throw you in front of the screaming clients, while they keep making stupid mistakes and hiding their gang of friends. They will find all the excuses for not confirming you and then one day will find your replacement and throw you out. Find better opportunity where work and dedication is appreciated.