Pros: Lots of opportunities to grow and expand. The mentoring I am receiving is great and the team is friendly. Minimal micro-management. Very good work-life balance.

Cons: Everything is dependent upon the group you end up in.

Pros: Lots of learning opportunities for interns. Enough time to explore and do what you love.

Cons: Less exposure. Mostly team-driven.

Pros: Full-time employees are more than happy to help; they seem to appreciate young blood in the office. Very flexible work hours/days; if you have to miss a day or two, managers are very flexible. Company makes an honest effort to socialize you with fellow interns.

Cons: Pay is nothing to write home about, at least for an internship in the Bay Area. Intern events are probably the only significant socializing you'll ever do; most full-timers only come into work and then immediately go home. Projects are typically a very small, minute component in an otherwise enormous system; there's no "cool factor," and the skills you learn don't seem to be transferable. Projects can also be mind-numbing, such as writing a series of JUnit tests or making several SQL calls to a server.