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Samuel Asher Effron

Member / Co-chair, Venture Capital & Emerging Companies Practice

[email protected]

+1.212.692.6810

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Sam’s practice focuses on venture capital and other private securities transactions, counseling start-ups and emerging growth companies, funds and crowdfunding platforms. Sam is heavily involved in the start-up community in New York and regularly advises and mentors young companies and entrepreneurs regarding the legal and business issues that they face, and speaks at many of the local accelerators, incubators and co-working spaces.

Sam is a co-editor of MintzEdge, an online resource for entrepreneurs that includes useful tools and information for starting and growing a company, and is the co-editor of MintzTech Connect, Mintz’s periodic newsletter on "all things technology" in the legal and business world.

Sam provides counsel to private companies and venture capital funds operating and investing in a diverse range of industries, including biotech, fintech and financial services, media, artificial intelligence, blockchain, cybersecurity, CPG, insuretech and SaaS, among many others. Sam’s pro bono experience includes assisting asylum seekers apply for permanent asylum in the United States, representing not-for-profit clients to obtain federal tax-exempt status and providing legal services to victims of domestic abuse.

Prior to joining Mintz, Sam worked in the film and television industry on productions shot in and around New York City. He later served as a project manager at an online marketing and strategy agency, where he led a team of designers, writers, and programmers to create websites for clients including musician Sting. Subsequent to his agency work, Sam was the third employee of a start-up specializing in liquidation of technology assets for downsizing dot-com companies.

During law school, Sam was a staff member of the Cardozo Law Review and worked as an intern at the legal departments of This Is That Films and DC Comics.

viewpoints

This edition of Mintz Venture Watch reports on the firm’s VC transaction activity in the first half of 2024. During this period, Mintz represented issuers and investors in the technology, life sciences, energy, and other sectors in 73 transactions valued at more than $980 million.

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This issue of MintzTech Connect covers a federal court ruling blocking the nationwide enforcement of the FTC’s noncompete rule, a checklist for foreign companies expanding into the US, and a spotlight on GUDEA, a tech company using AI-driven tools to help companies predict, map, and influence information flows across social networks.

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This issue of MintzTech Connect covers the FTC’s controversial final rule banning most post-employment non-competes, qualified small business stock issues affecting the conversion of an LLC into a corporation, clinical trial innovator Radicle Science, and an event co-sponsored by Mintz and the Sustainable Media Center, which focused on the impact of social media on today’s youth.

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This issue of MintzTech Connect covers Corporate Transparency Act compliance requirements, considerations for companies undertaking Section 409A valuations, and Mintz’s year in review of laws impacting employee non-competition, non-solicitation, and non-disclosure agreements.

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This edition of Mintz Venture Watch reports on the firm’s VC transaction activity in 2023. Mintz represented issuers and investors in the technology, energy, life sciences, and other sectors in more than 130 transactions valued at over $2.6 billion. 

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As reported in Forbes, Natalie White was recognized as a “30 under 30” for Sports.  Natalie founded Moolah Kicks, the first basketball shoe brand focused solely on women. 

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This issue of MintzTech Connect covers a Globe and Mail piece on Mintz’s continued expansion in Toronto, Biden’s executive order on artificial intelligence, Forbes magazine’s recognition of Moolah Kicks founder Natalie White’s inclusion on its “30 Under 30” list, and our Client Corner podcast featuring a conversation with NextGen Jane Co-founder & CEO Ridhi Tariyal.

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Read about mePrism, a technology company that helps customers remove their personal information from the internet.

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This issue of MintzTech Connect covers QSBS issues related to converting an LLC into a corporation, legal decisions regarding cryptocurrencies and whether they are subject to SEC regulation, how Mintz’s partnership with Antler led to our work for oral health innovator peri, and a spotlight on mePrism, a tech company that helps customers remove their personal information from the internet.

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Spring is in the air but it is a challenging time to understand which way the wind is blowing on the emerging companies space. On the one hand, we saw a pause in investment activity at the end of 2022 and the first few months in 2023. On the other hand, we have seen a noticeable uptick of investment activity in the last six weeks. Again, on the one hand (a different set of hands) we recently saw a significant market correction in terms of valuations. But on the other hand, we have not seen a lot of the more punitive investment terms such as multiple participating preferences or pay to play provisions that we witnessed in the great recession in 2009 and the post bubble period in 2001.

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News & Press

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Law360 covered Mintz's partnership with legal tech provider Clara. The move allows Clara to enter the U.S. market.

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Through its creative partnership with legal tech provider Clara, Mintz provides founders with a cost-efficient way to start a US business. Utilizing Clara’s platform, Mintz created templates that enable users to form Delaware companies and prepare all necessary documents while additionally helping founders to meet all legal requirements.

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My Startup World covered Mintz's collaboration with legal tech provider Clara and quoted Members Dan DeWolf and Sam Effron.

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Mintz advised Cardurion Pharmaceuticals, Inc., a biotechnology company developing novel therapeutics to treat heart failure and other cardiovascular diseases, in a private investment of up to $300 million from Bain Capital Life Sciences and Bain Capital Private Equity that will enable the Boston-based company to expand its drug discovery programs.
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In an article published by STAT, Mintz Member Samuel Effron was quoted on use among biotechnology and other companies of U.S. Securities and Exchange Commission Rule 506(c), which was designed to allow entrepreneurs to solicit funding more broadly.
Fourteen Mintz attorneys have been named New York Super Lawyers for 2017 and thirteen have been named New York Rising Stars. New York Super Lawyers recognizes the top lawyers with the highest degree of peer recognition and professional achievements.  
Mintz has elevated five attorneys to Members of the firm. “These attorneys consistently demonstrate excellence in the delivery of legal services to the firm’s clients,” said Bob Bodian, Managing Member.
Sam Effron, an emerging companies attorney, authored a post on VC Experts Blog tracking the filings for crowdfunding on Form C made with the SEC since May 2016 when Regulation Crowdfunding (Reg CF) went into effect.
Sixteen Mintz attorneys have been named New York Super Lawyers for 2016 and twelve have been named New York Rising Stars. The list will be published in a special advertising supplement in The New York Times Magazine and in a stand-alone magazine, New York Super Lawyers - Metro Edition.
Daniel DeWolf, Co-chair of Mintz’s Venture Capital & Emerging Companies and Technology Practices, and Associates Sam Effron and Rachel Gholston, authored this VC Experts Blog piece providing a clear overview of the best practices businesses can implement when using electronic signatures.
Sam Effron, a New York-based emerging companies attorney, is quoted in this New York Times article discussing new crowdfunding rules that will allow essentially anyone, not just professional investors, to have a stake in entrepreneurs of their choosing.
Thirteen attorneys from Mintz have been named New York Super Lawyers for 2014 and eleven have been named New York Rising Stars. The list will be published in a special advertising supplement in The New York Times Magazine and in a stand-alone magazine, New York Super Lawyers - Metro Edition.
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Events & Speaking

Speaker
Jul
30
2019

TechGC Roundtable

San Francisco, CA

Speaker
Apr
10
2019

TechGC Roundtable

New York, NY

Speaker
Apr
3
2019

The First Most Important Decision for the Entrepreneur: How to Choose the Right Corporate Entity for Your Startup

BioLabs@NYULangone

BioLabs@NYULangone, 180 Varick St., 6th Floor, New York, NY

Speaker
Mar
27
2019

Lunch and Learn at JLABS @ NYC

JLABS @ NYC, 101 6th Ave, New York, NY

Speaker
Speaker
Mar
15
2018

Legal Clinic

NYC MediaLabs

Moderator
Aug
2
2017

New York Business Clinic: Finance, Funding & Legal

Cleantech Open Northeast

New York, NY

Speaker
Aug
2
2017

New York Business Clinic: Finance, Funding & Legal

Cleantech Open Northeast

New York, NY

Speaker
Mar
17
2017

Corporate Formation Workshop

NYC Media Lab

New York, NY

Panelist
Sep
13
2016
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Recognition & Awards

  • New York Super Lawyers: Rising Star – Securities & Corporate Finance (2011 – 2017)

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Involvement

  • Guest Lecturer, High-Growth Corporate Transactions, Cornell Law School at Cornell Tech
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Samuel Asher Effron

Member / Co-chair, Venture Capital & Emerging Companies Practice

New York