At the beginning of the year, it looked like 2020 was going to be a big year for the Sioux Falls startup community. We had gotten into a groove of running 1 Million Cups weekly, doing monthly startup events for Startup Sioux Falls and Zeal, and were planning a couple of bigger events as well. The Facebook group had great engagement and the Zeal Center was (and still is) at near capacity. Falls Fintech had launched its first cohort and the Falls Angel Fund II had just made its first two investments.

Events and Programming

When the United States realized…


For the last twelve years, I have largely worked in solitude in front of a computer screen. First as a remote employee and then later as a business owner, most of my workday as been spent at home or in a small office with minimal human contact during the day. Even today, there are at most two other people in the MarketBeat office on any given workday. There are days that go by where I do not speak to anyone in person during the workday, outside of a coffee or lunch meeting here and there. …


Sioux Falls, SD, August 15, 2020 — Inc. Magazine has ranked MarketBeat №2296 on its 39th annual Inc. 5000 list, an exclusive ranking of the fastest-growing privately-held companies in the United States. 2020 marked the 5th year that MarketBeat has been included on the Inc. 5000 list, giving the company a coveted “Hall of Fame” distinction. The list is a celebration of the lifeblood of the American economy — America’s independent entrepreneurs. MarketBeat joins Fit My Feet, VRC Metal Systems, Weisser Distributing and other powerful South Dakota firms featured on this year’s list.

Inc.’s rankings are based off three-year revenue…


Our new office space partially sits on an old loading dock, which includes manholes for drainage. The manhole covers that were in the space previously were cracked, beaten up and likely as old as the building itself. I asked the question, “What would it take to make some new manhole covers that have the MarketBeat logo?”

It turns out you can actually have manhole covers made in Sioux Falls. Kristi Wire came up with a design that featured our logo, our core values, and some design elements from our website. She worked with BronzeAge Art Casting to ensure the design…


Over the last couple of months, I have had the opportunity to start wrapping up some long-term projects and “clear the plate” to make room for some new adventures in my life. Many people, including myself, have the bad habit of continuing to do things long after they have finished serving their purpose simply because of momentum. I have recognized there were a few of those things in my life and have started to let some of them go. …


I had the opportunity to be on a panel discussion about how COVID-19 has impacted the information technology industry in Sioux Falls. Other panelists included Natalie Eisenberg, Click Rain; Dr. JoseMarie Griffiths, Dakota State University ; Mike Grigsby, City of Sioux Falls; and Michael Zuercher, Prismatic.

You can watch the recording below:

Spark Sioux Falls is a longer‐term regional recovery initiative supported by Forward Sioux Falls and initiated by the City of Sioux Falls, the Sioux Falls Development Foundation, the Greater Sioux Falls Chamber of Commerce, and Experience Sioux Falls. The primary objective of this collaborative effort is to…


Last May, I was approached by Alex Jensen to help him with his campaign for an at-large city council seat in Sioux Falls. I felt that we needed a different kind of elected official in that position and agreed to serve as his campaign treasurer. For the first six months of the campaign, our primary goal was fundraising. We received contributions from a couple hundred individuals and set a local fundraising record. The election began to heat up in February when the incumbent announced their bid for re-election. …


For the longest time, my team did not want to get an office. They instead preferred working out of their homes, coffee shops, and coworking spaces. It was hard to blame them. Many offices are barebones spaces with white walls, fluorescent lighting, industrial carpet and just enough furniture to get work done. Even newly designed offices with modern furniture tend to be undifferentiated from one-another and do not reflect a company’s culture or the interests of its employees. …


During the initial wave of the COVID-19 pandemic, we all learned what life would be like with fewer obligations. Business meetings, church services, kids’ activities and other events all got put on hold and we all found ourselves with a lot more free time. Personally, I went from averaging 10–15 in-person meetings per week to 3–4 online meetings per week. I have to admit, it was kind of nice not having to show up anywhere or fulfill certain roles in the community. Instead, I spent more time with my family, worked on my main business (MarketBeat), and re-engaged with some…


During this COVID-19 pandemic, we are seeing businesses pivot their business models right and left in order to adapt to customers’ changing needs and habits. There is a lot more activity online — not just shopping, but also virtual community building. Web-based events have become the new normal for a lot of organizations, but some business owners haven’t quite pulled the trigger yet.

Startup Sioux Falls and Zeal Center for Entrepreneurship would like to help equip entrepreneurs with the information they need to take the leap into producing their own online events. …

Matt Paulson

Founder of MarketBeat.

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