Pros
The everyday angry CEO and non deserving CTO has been removed. The now-former CEO is still in office but without the title (ouch!).
Cons
The owner is still around. Why is it bad? He is clueless, doesnt know what's happening. But he likes to show off and pretend that he does. He lacks any management skills, worse off any IT knowledge but the company's products are all based on his grand vision. With product vision and features ONLY coming from him, that's step 1 to fail. There are still bad 'management' around. As the owner is so clueless, these yes men who cares about fame and their deep pockets continue to destroy the company from within. You wont get a shiny CV working here. Ask around. People will either talk about - the FORMER CEO's attitude, how he loves to talk non stop in meetings, or otherwise how he always just bark - the FORMER CTO's luck of being CTO when he clearly doesn't deserve it - a lot of former staffs that left angry ( A LOT!) - former staffs that won in court (you need to be wary of this) - bad products that cant work, empty promises - OR they just havent heard of the company!