Former Yahoo VP Jim Stoneham Joins Payvment as COO

Payvment, the Palo Alto, Calif. company that is focused on bringing e-commerce to Facebook, has named Jim Stoneham to the position of chief operating officer. As the former VP of Yahoo!’s Communities, Stoneham led the group that included Flickr, Yahoo! Answers, and Yahoo! Groups. Stoneham was also at Yahoo when it redefined its social strategy, by integrating Facebook and Twitter across several properties.


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The best and brightest are usually put to work on optimisation. … They will then go forward and solve the inefficiencies, and that’s where 99% of most energy is spent on. But, at some point you run out of room to improve things, and that’s when you have to step aside and ask, can we make it different?

— Horace Dediu, in a podcast interview with William Channer