Pros
Reddit is a company that cares deeply about its users and employees. The benefits are fantastic (base comp little low), the interpersonal culture and work life balance are top notch. The slack pops off and people are genuinely friendly to work with as their basic needs are all met. The product is also very recognizable and noteworthy with small teams having big impact (without compromising a lot on work life balance)
Cons
Leadership is just bad at business. There's a real lack of accountability for leaders, and them growing or leveling up their teams. Every meeting all the way up to exec seems to be run by "Top 3 things I was asked about this week". This leads to a culture of promotions for friends or buddies, often Director+ taking credit for their teams work and getting promoted, but not promoting their teams. It seems like leadership is too full of people hiding from accountability and they're all doing it together. We had a famous email where leaders just circle congratulated each other.