No. It was something that my generation looked forward to being a part of, because we weren't allowed in. They began by only accepting college emails, thus limiting their population, driving up demand. Facebook did not spam for users, they had no need to. College students and graduates highly desired to get away from myspace that had been cluttered by anything and everything.
Now facebook has become exactly what people were looking to get away from, third party apps, spam, fake accounts, and members 17 and under. They can get away with this now though because they have already secured the market away from myspace.