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It was 'coming out' about the time smart phones hit the market. He did promo videos and encourage 'house parties' for people to show his sales pitch to family and friends to invest in this 'fabulous opportunity' to be a part of the new technology back in 2008.
https://www.businessinsider.com/trump-deposed-in-fraud-suit-involving-doomed-video-phone-report-2022-10?op=1]
Donald Trump was recently deposed for a class action lawsuit that claims he misled investors into financially backing a multi-level marketing company that once sold a failed "videophone."
...
It claims that from 2005 to at least 2015, the Trump family and the company received "millions of dollars in secret payments to promote and endorse" ACN, a multi-level marketing company that specializes in telecommunications.
In exchange for the payments, Trump gave glowing endorsements for the company, the lawsuit alleged.
Discover Level Up
One of the flagship products ACN began to sell in 2008 and which Trump endorsed to convince the financial viability of the company was a "videophone." The lawsuit claims that the product was "essentially a desktop, wired telephone with a video screen and webcam in addition to the usual handset and keypad." It also required an internet connection and was only compatible with other ACN phones and subscriptions.
...
The videophone was quickly made obsolete by smartphones with video chat capabilities. Skype introduced video calling in 2006, and Apple would popularize video chat by installing a front-facing camera in its iPhone by 2010.
I know someone who hounded co-workers to come to her house party. I know who walked out as soon as Trump was mentioned. The hostess cashed in her 401K, paid the taxes on that mental error, and put a mortgage on her paid off home, just a few short years before she was planning to retire. There's some sound financial planning for you by a woman who held a responsible job that required decent thinking in the financial sector.
The 'Stable Genius' does know the rubes are with us always, I'll give him that. And the rubes have a VERY short attention span, obviously obscured by their hero worship and their own stupid greed.
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