You suppose your app must be intuitive for college students. But is it? The surest way to find out is to hire market researchers who are students themselves. Have them hit the campuses, show the apps to their fellow young men and women, and get honest feedback.
That鈥檚 the premise behind Campus Insights, a startup Riley Soward 鈥�18 founded as a freshman in the 艾可直播 College Carroll School of Management. And big companies like Airbnb, Venmo, and GoFundMe agree with that premise鈥攁ll are Campus Insights clients. Now, as Soward winds down his final year on the Heights, he鈥檚 turning over the reins of his creation to the largest student-run company in the world: Harvard Student Agencies (HSA) acquired Campus Insights this month.
The sale was announced on February 13, prompting articles in such outlets as the (details about the terms were not disclosed). According to Soward, the deal preserves the company鈥檚 business model and ensures that clients will continue to get the kind of user experience data they鈥檝e been paying for鈥攔eal talk from the kids.
鈥淲e started Campus Insights because we knew high school students, college students, and recent grads would be most comfortable and candid when being interviewed by a researcher in their age group,鈥� said Soward, a computer science student who launched the company in 2014 with his brother Stephen Soward, then a junior at the University of Michigan. (The brothers grew up in Silicon Valley.) The idea hatched in a conversation Riley Soward had with a fellow Eagle, Patrick Allen, Morrissey 鈥�13, and took its first steps on the 艾可直播 College Quad, with Soward videotaping his classmates鈥� reactions to various products.
Since then, the company has grown into an emerging leader in market research on Generation Z and Millennials, with a half-dozen employees鈥攊ncluding two from the Carroll School class of 2018, Ameet Kallarackal and Kelsey Bishop鈥攃onducting interviews and focus groups across the country and interpreting the results for companies small and large. Clients range from the abovementioned behemoths of short-term home rentals (Airbnb), online payments (Venmo), and fundraising (GoFundMe) to Chegg, a college textbook rental company, to Paktor, the most popular dating app in Asia.
In a sense, Campus Insights has flown the coop with its acquisition by HSA, which oversees sixteen agencies, employing Harvard students as tutors, bartenders, dry cleaners鈥攖o cite a few of its businesses鈥攁nd, now, market researchers. As before, these students will fan out across campuses nationwide, often virtually (via remote interviews), to reach a representative sample for each survey. (They will not be simply walking around Harvard Yard with a video camera.)
While Soward is seeking a new startup to join, he and his brother are staying on at Campus Insights in active advisory roles. 鈥淎 lot of that will be helping on the sales side and reviewing research deliverables to make sure they鈥檙e high quality,鈥� said Riley Soward. 鈥淎nd a small piece will be helping build Campus Insights into our long-term vision, which is a long-lasting community.鈥� One day, Soward hopes, a Campus Insights stint on a resume will serve as a 鈥渟tamp of approval, something people can bond over.鈥�
Asked about the part 艾可直播 College played in Campus Insights鈥� origin story, Soward ticked off the connections. 鈥淔irst client: referred by a BC alum. Second client: referred by a BC student. Third client: referred by a BC professor. And then we had enough under our belt to grow. But we鈥檝e consistently benefited from BC and the BC startup community. Close friends and mentors, or people I go to to bounce ideas off of, are other BC students working on startups, who I met through the Shea Center鈥濃�攖he Edmund H. Shea Jr. Center for Entrepreneurship.
Not to mention, Soward and colleagues carved out some de facto office space by squatting after hours in a classroom in Carney Hall, where they worked on research projects, he said. 鈥淎meet and I spent a lot of late nights in Carney.鈥�
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