Well I guess this means that all major television networks are ponzi schemes, seeing as how their major revenue source is advertising. The bottom line is that eyeballs are worth money. Facebook is made up of great content, even better than CSI or the Superbowl. Essentially - all your friends and family.

It also goes without saying that ads are not their only revenue source. They take a sizable chunk of Facebook credit purchases, and have shown that they are dedicated to expanding their platform. I don't think that Mr. Holiday is looking at the big picture.