Collecting all the question comments as a community answer (feel free to edit this to make it more readable):
There tend to be far fewer counts in single cell experiments. By reducing the scaling factor you are avoiding having massive expression values for your samples.
It isn't uncommon to scale single cell experiments by the median cell library size. That way small values typically won't be too small and large values won't be too large. People also choose 10,000 because that's roughly around the library size for a single cell.
I haven't seen an explanation yet. Here is an example paper from last week (reputable journal and lab): doi.org/10.1016/j.celrep.2018.11.056 . "... We also excluded outlier cells from the MPPs group which were likely caused by cell contamination. To correct for batch issues, the two experimental batches were centered to have the same mean log(TP100K+1) (hereafter referred to as log(TPM), where TPM stands for ‘transcripts per million’) per gene. PCA was done in R with scaled..."