Owlchemy Labs CEO and studio director leave to start a new company

Owlchemy Labs created one of virtual reality’s first big successes with its cheeky game, Job Simulator. Now cofounder and CEO Alex Schwartz has announced that he’s ready to move on, and is leaving to start a new company with Owlchemy studio director Cy Wise.

“For me, creating a company that was building innovative products while sustaining itself over the long term was always the goal,” Schwartz said in a Medium post. “Taking a leap to try to make something out of nothing engages me, inspires me, and invigorates me, occasionally to the point that it takes over my life, but I wouldn’t have it any other way. Much like the leaps I took to get Owlchemy off the ground, I’m returning to this area of uncertainty and uncharted grounds to build something new.”