Pros
1. The People - many bright, talented, fun, interesting people throughout the company, and it's generally a pleasure to work with them. 2. Education - PayPal is a complicated business with a lot of moving parts. I've learned more in my time there than in any previous job. 3. Innovation - PayPal does push the envelope with clever new business models and technology, and in that sense it's a lot of fun. 4. Success - The business is doing very very well, growing quickly with strong margins. It's fun to be part of a winning team and feel like you contributed to the company's success.
Cons
1. The changing culture - As PayPal grows larger, the style of leadership just isn't as open or collaborative as it used to be. It's become much more hierarchical. 2. Lack of focus - PayPal is trying to go too many directions at once instead of focusing on doing a few things right. 3. Focus on quality - PayPal doesn't invest enough in the quality of their systems and processes and it often shows up as a bad customer experience.