Facebook Splits Stock 5-for-1 (txt) 
This just means that they can make grants with more granularity. And it makes the numbers sound more impressive to new hires ("you're going to get 50k shares" sounds better than 10k shares), even though there's theoretically no effective difference.
http://economictimes.indiatimes.com/infotech/internet/Privately-held-Facebook-in-5-for-1-stock-split/articleshow/6668030.cms
This just means that they can make grants with more granularity. And it makes the numbers sound more impressive to new hires ("you're going to get 50k shares" sounds better than 10k shares), even though there's theoretically no effective difference.
http://economictimes.indiatimes.com/infotech/internet/Privately-held-Facebook-in-5-for-1-stock-split/articleshow/6668030.cms
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