The first 2/3 of class was about many of the options available for the legal structure of your company (not the organizational structure).

The final 1/3 of the class was about the basics of stock ownership in a C (or S) corporation. This was definitely not enough time to cover as much as I wanted, but we did get through the fundamentals.

Stock represents a piece of ownership of a corporation. The price of a share of stock is a relationship between the value of the company and the percent of the company the stock represents. Just knowing the price of a share of stock doesn’t tell you anything about the company – you need at least one other piece of information. This is especially important if part of your compensation is made up of stock options.