Since the acquisition by Fiscal Note, the joyful and start-up atmosphere is gone. It has transitioned from being a boutique energetic advisory consultancy to a small piece of a larger corporate America group. There is more pressure to be proactive, with less money and more oversight.
Another one is that career progress is tricky, you are likely to get stuck in your position for a while. Perhaps that's a plus side of the sale, which can allow analysts to move around more.