Pros
Very interesting platform and project dynamics. This Virtual Organization relies heavily on self-regulation instead of constant supervision. Huge group of interesting perspectives and background contributing on a variety of projects. Pay is based on performance and was regular until suddenly dropping. Great opportunity to network and interface with other people who are interested in the field both professional and some who might better be qualified as hobbyists.
Cons
Ideas of hobbyists and professionals are largely held on equal footing which seems to lead to a lot of burnout where experts get tired of debunking wild ideas. Similarly bad is that some projects ran by a few members are heavily biased towards their own preconceptions of the topic at hand. Pay suddenly dropped despite increased projects, rumor has it that most of them aren't actually for a specific client but to be used for pitching potential clients. Full time staff are a total mess, I've been contacted a few times to schedule a meeting but then it's forgotten about and follow up emails are ignored. Similarly, I started randomly getting the equivalent of "professional spam" from their HR and project leaders about paying projects that don't pay or recommending random fellowships and positions of which Wikistrat isn't actually involved in the recruitment process. More and more project "scenarios" seem to be derived mostly from random hypotheticals not based on data or an individual's professional experience. The "internal wiki" is largely defunct nor does the firm have any interest in compensating analysts for contributing to it.