Times are tough at what was Silicon Valley's hottest startup last year. So tough that one Facebooker is auctioning off a company-issued Jack Spade laptop bag.

Facebook has been giving employees the bags, which retail for $185, for a while now — ostensibly as protection for company laptops, but really as an extravagant perk. But, like shares of Facebook, the bag is trading at a steep discount. With three hours to go, the highest bid is $41.