Like working with a bunch of people who resemble chickens with their heads cut off. I went through 5 managers over the span of 8 months and found myself having to do the work of multiple people as people continually jumped ship. But due to the massive turnover above me, there was nobody to really report to or ask for help. I would be there until 2 or 3 in the morning nearly every night for a couple of months straight.
If you like working 80+ hours a week, dealing with incompetent managers, having others take credit for your work and work in an old run-down office with poor technology, then maybe Initiative is the place for you.