Max Schaefer was one of the 3 creators of the Diablo games, and an executive producer on Diablo I, Diablo II, and the Diablo 2 expansion. One of the "big 4" he left Blizzard North in 2005 and shortly thereafter was one of the co-founders of Flagship Studios. There Max helped with the early design and art work on Hellgate: London, before becoming the chief liaison to Flagship North and their project, Mythos.
After the collapse of Flagship Studios, Max helped to found Runic Games, which he and Travis Baldress officially head. Runic Games is working on a new MMORPG patterned after Mythos, called Torchlight.