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By Scott Meacham. Millennials (those born between about 1982 and 1996) have overtaken Baby Boomers as the largest generation in the U.S. labor force—that’s one-in-three of workers or people looking for work. With limitations on immigration and Baby Boomers retiring at an accelerating pace, businesses large and small are increasingly dependent on the Millennial segment of the population to fill the jobs and do the work.
Payback period is one of the best composite diagnostic metrics of product market fit. I've written before about the benefits of short payback periods. In short, startups with shorter payback periods require less capital and also grow more quickly. In 2020, what is an excellent payback period[1]? Here is a group of publicly traded companies sorted by estimated payback period[2].
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