500 shares sounds a lot better than 100... important for hiring top talent... What's really fascinating is the secondary market. Sharespost must be loving this.
Would "top talent" really be that bad at simple math?
Yes. You'd be surprised at how many people can tell you the number of options they have, but not the percent of the company/equity/employee pool those options represent.
Unfortunately, there are a fair share of companies that refuse to disclose total outstanding shares.