Pluspunten
Elastic has earned its reputation from blazing fast and scalable search, and continues to drive innovation. Many smart people in this company, there's a culture of doing what's right - both from the perspectives of employees and company, the benefits are best I have seen in the US.
Minpunten
In many ways, the company still operates like a startup: outsized influence of an inner circle around the founders, gut level decisions both at tactical level (last minute changes on deliverables) and strategy, processes not documented, lacking cross team and department coordination leading to duplication. Layoff last fall came as bad surprise to majority of company, and rattled confidence in senior management, also because of its cold hearted execution.