Reshare Commerce LLC permanently ceased all business operations on December 31, 2024. After a thorough review of the company’s financial position and operational viability, it was determined that continuing operations was no longer feasible. The company has no remaining assets, liabilities, or prospects for future business activity.
We want to thank all of the investors, advisors, board members, vendors, partners, allies, supporters, clients and friends for all your support. The reshare methodology remains the most effective solution to manage channel conflict but the invention was conceived at least a decade prior to a functional need. Internet sales in 1999 reached $ 94 Billion and rose to $1.3 Trillion in 2024. In spite of the threat of brands selling direct to end consumers, companies like Tupperware rescinded their direct-to-consumer sales strategy and bolstered their channel-dependant practices. In 2024, IDC research estimated that “nearly 60% of organizations are increasing their reliance on channel partners”.
Reshare went from a Software-as-a-Service provider to a defacto litigator, protecting its patents against infringers. Reshare prevailed 33/33 times in Federal Court in the 2010’s. but such rulings lost favor in the court in 2014. Fast forward ten years, the Reshare patents have expired and an estimated 1100 companies are using Reshare’s innovative solution to sell on the Internet without disintermediating channel partners.
Patent law in America requires an invention to be reduced to practice within one year of conception. There was no choice but to pursue monetization and no way to know what the future would reveal some 24 years later. We are proud of our pursuit, our passion, and our persistence and hope you agree that we fought a good fight, even though we lost.
