Last Updated on 2024-10-11
As of December 11, 2023, Matt Watson, a serial entrepreneur and the co-founder of Full Scale, has completed a strategic buyout of his co-founder, Matt DeCoursey. As Full Scale’s new CEO and owner, Watson has big plans to continue and expand its operations.
Full Scale’s New CEO Ends 2023 With A Bang
Full Scale has been at the forefront of solving the tech talent shortage by matching software developers from the Philippines with growing tech companies. The company has more than 300 employees globally. The buyout represents a significant milestone in the company’s trajectory. It also highlights Watson’s commitment to steering it toward new heights as Full Scale’s CEO.
Matt Watson is best known as the founder and CTO of VinSolutions, which was sold to Cox Automotive in 2011 for $150 million. He brings a wealth of experience and a strategic vision to Full Scale. As the new CEO, he is poised to lead the company into its next growth phase, leveraging his expertise to solidify Full Scale’s position in the competitive software development landscape.
“I’m happy for DeCoursey. This is what every founder works for, the big exit!” says Watson.
“I’m grateful for the invaluable collaboration with Matt over the years. DeCoursey built an incredible eight-figure business as the CEO over the last five years. As the company embarks on this exciting journey, I eagerly anticipate steering Full Scale toward even greater achievements. My engineering background will help us continue to hire and train world-class developers while delivering exceptional value to our clients,” he continued.
A Look Back on Full Scale’s Humble Beginnings
Full Scale started in 2018 as a partnership between Matt Watson and Matt DeCoursey to help their companies, Stackify and Gigabook, hire talented software developers. Local Kansas City companies took note of the model, and Full Scale hired 100 developers in the first 12 months. The company’s growth over the last five years has seen it land on the Inc. 5000 in 2022 and in 2023. Now, with Full Scale’s new CEO, the company is focused on how to grow from 300 employees in 2023 to 500 and beyond in 2025.
The offshore software development company specializes in helping small to medium-sized tech companies augment their existing staff with software developers from the Philippines. By leveraging their talent, companies can save up to 70% on the costs of hiring software engineers. Instant access to senior talent, no staffing fees, and no long-term contracts make Full Scale a top choice for software development talent.
Moreover, Full Scale is known for its ability to recruit and retain top engineering talent in the Philippines.
To learn more about the transaction, reference Matt Watson’s blog post here: Why I Skipped the Exit and Went All In: The Full Scale Story.
You can also follow Matt Watson on LinkedIn and subscribe to the Startup Hustle podcast.
Matt Watson is a serial tech entrepreneur who has started four companies and had a nine-figure exit. He was the founder and CTO of VinSolutions, the #1 CRM software used in today’s automotive industry. He has over twenty years of experience working as a tech CTO and building cutting-edge SaaS solutions.
As the CEO of Full Scale, he has helped over 100 tech companies build their software services and development teams. Full Scale specializes in helping tech companies grow by augmenting their in-house teams with software development talent from the Philippines.
Matt hosts Startup Hustle, a top podcast about entrepreneurship with over 6 million downloads. He has a wealth of knowledge about startups and business from his personal experience and from interviewing hundreds of other entrepreneurs.
