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Re:Facebook's 3rd Biggest Advertiser is a Bing Affiliate Scam by dangrover on Tuesday January 18, 2011 @10:05AM (#2116006)
It reminds me a little bit of PG's essay on Yahoo: http://paulgraham.com/yahoo.html

I don't think it's quite as bad or blatant though.

Re:Facebook's 3rd Biggest Advertiser is a Bing Affiliate Scam by ljlolel on Tuesday January 18, 2011 @10:07AM (#2116016)
Yea! I saw pg's essay posted after I wrote this, and I noticed that he makes the same kind of argument. He calls it a pyramid scheme, but a ponzi scheme is a closer metaphor.