Vantaggi
They've recruited consultants who know this niche industry, and those people have brought along their contact list. Good networking at annual symposium for those looking to make a name for themselves (both for employees and clients). About 5 people who are really passionate, work hard, and keep the company operating.
Svantaggi
Very political - it's a large group of 'mean girls' who are trying to intimidate you. They ostracize people who bring experince from outside the company and don't pay their dues. As a result there's never any fresh blood that sticks around. Leadership is stale and shut down to new ideas. The technology is horribly cumbersome with an awful support model. LMS vendors provide better technology and are driving KA out of business. KA tried to expand their offerings to get a bigger piece of the pie and ended up compromising what client base they had. The other comments on drinking are right on. The CEO will act like a good guy, but he doesn't really know your name and makes it clear that you are not his equal. The only respectful person with Senior Management is the COO - he is genuine and always shows respect, no matter what role or team you are on.