Pros
The bi-weekly happy hour is fun and you can have some nice cordial conversations. When figuring out product direction and how to prioritize the litany of bugs that occur over and over again, expect that to go out the window. If you want to coast and show up whenever you please, I guess this has the work/life balance you're looking for.
Cons
Management has no idea how to create a real SaaS model, outside of converting existing clients. The product is extremely difficult to implement, which no changes in sight. Calling this a SaaS platform might be true by the loosest definitions, but leadership continues to hinder growth and quote ridiculous pricing. Incompetent people in leadership roles are rewarded for mediocrity based upon relationships and tenure, which is compounded by the inability to recruit anyone talented at this stage.