Pros
At least they have adopted some current software technologies. Free snacks, coffee and sodas, enough to get people fat.
Cons
This is a small company started with some friends and they only care about a few core people belonging to this family, and has no clue on how to manage and attract some talented people like software developers or BAs, rather than run the company like a school camp. The management team is very narrow minded and encourages micromanagement or control freaks, which drove away many talented people, but junior programmers. People come and go in short time, and there's only a few (besides the management or some core people) having stayed in the company for more than 3 years, which speaks for itself about this company. Any yet, they are self congratulating for their limited success in the market. The best advise is 'RUN', unless you only want to stay there for a few months until you find your next job.