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You will learn things, and the boss has a certain level of ability. They will pile a lot of work onto you (sometimes forcing you to do many miscellaneous tasks). When you leave, you will definitely have grown compared with when you started.
You will gain a deeper understanding of the darker side of human nature, and your emotional resilience will instantly increase by several levels.
The boss has a bad temper and likes to randomly berate people, is very controlling, and feels very insecure. They will try to sow discord among colleagues, but are often found out.
They like to exaggerate and lie. There are many questionable claims regarding their educational background and experience; looking into them seriously makes for a very interesting story.