When I started this was an entirely different company. I expected changes, especially to processes, but the culture is radically different. It feels like there are constant reorgs, which isn't necessarily bad but the implementation is lacking in thoughtful planning. Morale is really low right now, and there is a sense of ever increasing demands while management also seems to be less supportive. Especially at the upper level. I think this comes down to the fact that they are trying to go public, and that creates a different pressure.
I have faith that things are going to get better, and I think the overall vision is good, but right now it's chaos. I would wait and think about applying in a year.