I have been working at Netflix full-time (More than a year)
The culture is definitely a pro for me. The freedom we get at Netflix makes you feel as you are your own boss at times which is motivating to work for.
The pressure of working for such a successful company with top talent in the industry. Which is not the worst con.
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I applied online. The process took 4+ months. I interviewed at Netflix (Hollywood, CA) in January 2018.
The process took more 4 months and I had 14 interviews, was the finalist to hear that I was not getting the role because the other candidate and I did not have the same panel and that her panel had pushed harder for her... Akward explanation, really no justification other than this one but at least they called and were respectful in that way. I was crushed as I really loved the company and the team I had talked to.
Otherwise during the process they would always answer quickly with next steps and treated me very well onsite.
My only advice would be: please don't raise candidates expectations, you do not need 14 interviews to know you will not pick someone. It is cruel for candidates.