A secretly-filmed documentary about disgraced Theranos founder Elizabeth Holmes has stunned audiences at the Telluride Film Festival — and it's already being called one of the most shocking access-driven documentaries in years. Directed by comedian Nathan Fielder and filmmaker Lance Oppenheim, "You Can See Everything" offers a level of intimacy with Holmes that no interview or courtroom report ever has.
Here's everything you need to know about the documentary, and about the woman at its center.
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Who Is Elizabeth Holmes?
Elizabeth Holmes founded Theranos in 2003, at just 19 years old, promising to revolutionize healthcare with a device that could run hundreds of blood tests from a single finger-prick of blood. At its peak, Theranos was valued at $9 billion, and Holmes was celebrated as the youngest self-made female billionaire in the world.
The company collapsed after investigative reporting revealed the technology never actually worked as claimed. Holmes was convicted of defrauding investors and is currently serving an 11-year federal prison sentence.
The Secret Documentary: "You Can See Everything"
Just 34 days before she was due to report to federal prison in 2023, Holmes invited Fielder and his crew into her rental home in San Diego, granting them extraordinary access to her, her partner Billy Evans, and their two children. The resulting film — nearly three hours long — was kept entirely secret until its surprise premiere.
Some of the most talked-about details include:
- Footage of Holmes and Evans discussing plans to launch a "Theranos 2.0" business while she serves her sentence
- Intimate, unguarded moments — walks on the beach, cooking breakfast — juxtaposed against her fraud conviction
- Scenes recreated with an actress for portions filmed while Holmes was already in prison
- Parallels drawn between Holmes' relationship with Evans and her past relationship with convicted Theranos executive Ramesh "Sunny" Balwani
The film is distributed by A24 and is scheduled for an October 2026 theatrical release, with early buzz suggesting it could be a strong contender in this year's documentary awards race.
Where Is Elizabeth Holmes Now?
Holmes began serving her 11-year federal prison sentence in May 2023 after being convicted of defrauding Theranos investors. As of the documentary's filming, she remains incarcerated, though the film reportedly includes footage and communication from her time in prison, offering a rare glimpse into her life since sentencing.
Frequently Asked Questions
Is Elizabeth Holmes a sociopath?
Holmes has never been clinically diagnosed as a sociopath in public record. However, her ability to convincingly deceive investors, business partners, and the public for over a decade has led many psychologists and commentators to publicly debate whether she displays traits associated with sociopathy or narcissistic personality disorder — though this remains speculation, not a formal diagnosis.
Why did Nathan Fielder make a documentary about Elizabeth Holmes?
Fielder, known for shows like "The Rehearsal" and "Nathan For You," has said he wanted to understand what drives someone like Holmes — not to relitigate her guilt, but to explore the psychology behind her deception and self-belief.
When will "You Can See Everything" be released?
The documentary is set for a theatrical release through A24 in October 2026, following its festival premiere at Telluride.
Final Thoughts
"You Can See Everything" doesn't try to answer whether Elizabeth Holmes is guilty — that's already been settled in court. Instead, it asks a harder question: what does it look like when someone convicted of massive fraud still seems to believe in her own reinvention? As the documentary heads to theaters this October, that question is likely to dominate conversation for months to come.
