PayPal has a great product and brand reputation but as with all larger companies, there is good and bad. On the good, the work life balance is a focus for PayPal...on the bad, it is a large company that is difficult to get things done. Smart people at the top, but poor organization of resources, project overlap, and significant gaps between groups. PayPal can be extremely political and depending on what group you are in, may determine your happiness. From my experience, the larger the project, the more frustrating the organization is.